Wang Yanjun 4

4 · Sea Ltd · Filed Mar 20, 2026

AI-generated summary of this filing

Updated Mar 20, 2026

Sea Ltd (SE) CCO & GC Wang Yanjun Sells 1,600 Shares

What Happened

Wang Yanjun, Chief Commercial Officer and General Counsel of Sea Ltd (SE), sold a total of 1,600 ordinary shares in transactions on March 18–19, 2026 for aggregate proceeds of approximately $132,852. All transactions are reported as sales (S), not purchases or option exercises.

Key Details

Transaction dates: March 18, 2026 and March 19, 2026 (Period of Report: 2026-03-18; filed: 2026-03-20; Accession: 0001193125-26-116651). Filing appears timely.
Per-trade breakdown:
- 2026-03-18: 614 shares at $84.87 — $52,110 (footnote F2: prices in that group ranged $84.44–$85.43)
- 2026-03-18: 171 shares at $85.79 — $14,670 (F3: $85.44–$86.40)
- 2026-03-18: 15 shares at $86.50 — $1,298 (F4: $86.48–$86.52)
- 2026-03-19: 458 shares at $80.68 — $36,951 (F5: $79.98–$80.97)
- 2026-03-19: 311 shares at $81.29 — $25,281 (F6: $80.98–$81.96)
- 2026-03-19: 31 shares at $82.00 — $2,542 (F7: $81.98–$82.04)
Total shares sold: 1,600; total proceeds: ~$132,852. Price range across trades: roughly $79.98 to $86.52.
Post-transaction holdings: Not specified in the information provided in this summary — see the full Form 4 for shares owned after these sales.
Notable footnote: F1 states the sales were made pursuant to a Rule 10b5-1 trading plan adopted September 4, 2025 by a BVI entity controlled by the reporting person.

Context

Sales under Rule 10b5-1 plans are pre-arranged and often used to execute routine disposals; they do not, by themselves, indicate insider sentiment. For retail investors, purchases generally carry more direct informational weight than routine sales.

Form 4

Period: 2026-03-18

CCO and GC

Transactions

Sale
Class A ordinary shares
[F1][F2]
2026-03-18$84.87/sh−614$52,110→ 37,386 total(indirect: By BVI entity)
Sale
Class A ordinary shares
[F1][F3]
2026-03-18$85.79/sh−171$14,670→ 37,215 total(indirect: By BVI entity)
Sale
Class A ordinary shares
[F1][F4]
2026-03-18$86.50/sh−15$1,298→ 37,200 total(indirect: By BVI entity)
Sale
Class A ordinary shares
[F1][F5]
2026-03-19$80.68/sh−458$36,951→ 36,742 total(indirect: By BVI entity)
Sale
Class A ordinary shares
[F1][F6]
2026-03-19$81.29/sh−311$25,281→ 36,431 total(indirect: By BVI entity)
Sale
Class A ordinary shares
[F1][F7]
2026-03-19$82.00/sh−31$2,542→ 36,400 total(indirect: By BVI entity)

Holdings

Footnotes (7)

[F1]The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on September 4, 2025.
[F2]Represents the weighted average price of shares sold at prices that ranged from $84.44 to $85.43. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
[F3]Represents the weighted average price of shares sold at prices that ranged from $85.44 to $86.40.
[F4]Represents the weighted average price of shares sold at prices that ranged from $86.48 to $86.52.
[F5]Represents the weighted average price of shares sold at prices that ranged from $79.98 to $80.97.
[F6]Represents the weighted average price of shares sold at prices that ranged from $80.98 to $81.96.
[F7]Represents the weighted average price of shares sold at prices that ranged from $81.98 to $82.04.

Signature

/s/ Emily Tan, attorney-in-fact for Yanjun Wang|2026-03-20

1 file