Chen Jingye 4
4 · Sea Ltd · Filed Mar 20, 2026
Research Summary
AI-generated summary of this filing
Sea Ltd (SE) CPO Chen Jingye Sells Shares
What Happened
Chen Jingye, Chief Product Officer (Shopee) at Sea Ltd (SE), sold a total of 1,600 Sea ordinary shares in open-market/private sales on March 18–19, 2026 for aggregate proceeds of about $132,852. Trades reported: 614 shares @ $84.87 ($52,110), 171 @ $85.79 ($14,670), 15 @ $86.50 ($1,298) on Mar 18; and 445 @ $80.67 ($35,898), 320 @ $81.27 ($26,006), 35 @ $82.00 ($2,870) on Mar 19. These were disposals (sales), not purchases.
Key Details
- Transaction dates: March 18–19, 2026; Form 4 filed March 20, 2026 (appears timely — within the usual two-business-day window).
- Total sold: 1,600 shares for ~$132,852.
- Per-trade prices shown above; footnotes report weighted-average price ranges for grouped sales: Mar 18 trades fall in ranges $84.44–$86.52 (broken into subranges $84.44–85.43, $85.44–86.40, $86.48–86.52) and Mar 19 trades fall in $79.98–82.03 (subranges $79.98–80.97, $80.98–81.97, $81.98–82.03).
- Footnote: Sales were made pursuant to a Rule 10b5-1 trading plan adopted August 28, 2025 by a BVI entity controlled by the reporting person.
- Shares owned after the transactions: not specified in the provided Form 4 excerpt.
Context
- These were routine sales executed under a pre-established 10b5-1 plan (a trading program that allows insiders to sell shares at predetermined times), which is commonly used to avoid questions about timing or intent.
- Sales are informative but do not, by themselves, indicate company performance or insider sentiment; no purchases or option exercises were reported in this filing.
Insider Transaction Report
Form 4
Sea LtdSE
Chen Jingye
CPO, Shopee
Transactions
- Sale
Class A ordinary shares
[F1][F2]2026-03-18$84.87/sh−614$52,110→ 240,186 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F3]2026-03-18$85.79/sh−171$14,670→ 240,015 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F4]2026-03-18$86.50/sh−15$1,298→ 240,000 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F5]2026-03-19$80.67/sh−445$35,898→ 239,555 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F6]2026-03-19$81.27/sh−320$26,006→ 239,235 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F7]2026-03-19$82.00/sh−35$2,870→ 239,200 total(indirect: By BVI entity)
Holdings
- 9,073,908
Class A ordinary shares
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 August 28, 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 $81.97.
- [F7]Represents the weighted average price of shares sold at prices that ranged from $81.98 to $82.03.
Signature
/s/ Mark Tang, attorney-in-fact for Jingye Chen|2026-03-20