Wang Yanjun 4
4 · Sea Ltd · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Sea Ltd (SE) CCO/GC Wang Yanjun Sells 1,600 Shares
What Happened
Wang Yanjun, Sea Ltd’s Chief Commercial Officer and General Counsel, sold a total of 1,600 Sea (SE) shares in multiple transactions on March 24–25, 2026 for aggregate proceeds of about $128,369. Trade details reported: 210 shares at $77.84 ($16,346), 590 shares at $78.73 ($46,451) on 2026-03-24; 135 shares at $81.25 ($10,969), 641 shares at $82.09 ($52,620), and 24 shares at $82.61 ($1,983) on 2026-03-25. These were sales (S), not purchases.
Key Details
- Transaction dates: 2026-03-24 and 2026-03-25; Form 4 filed 2026-03-26 (no late filing indicated in the provided data).
- Total shares sold: 1,600; total reported proceeds ≈ $128,369.
- Per-trade breakdown: 210 @ $77.84; 590 @ $78.73; 135 @ $81.25; 641 @ $82.09; 24 @ $82.61.
- Footnotes: Trades were made pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the reporting person on Sept 4, 2025 (F1). The filing reports weighted-average prices and price ranges for groups of sales (F2–F6); the filer offers to provide full per-price quantities on request.
- Shares owned after transaction: not stated in the provided excerpt.
Context
A 10b5-1 plan indicates these sales were executed under a prearranged trading plan, which is commonly used to schedule trades in advance and reduce concerns about trading on material nonpublic information. Sales are routine insider activity; factual reporting shows proceeds and dates but does not explain the insider’s motivation.
Insider Transaction Report
- Sale
Class A ordinary shares
[F1][F2]2026-03-24$77.84/sh−210$16,346→ 34,590 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F3]2026-03-24$78.73/sh−590$46,451→ 34,000 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F4]2026-03-25$81.25/sh−135$10,969→ 33,865 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F5]2026-03-25$82.09/sh−641$52,620→ 33,224 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F6]2026-03-25$82.61/sh−24$1,983→ 33,200 total(indirect: By BVI entity)
- 1,220,976
Class A ordinary shares
Footnotes (6)
- [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 $77.34 to $78.32. 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 $78.34 to $79.27.
- [F4]Represents the weighted average price of shares sold at prices that ranged from $80.53 to $81.52.
- [F5]Represents the weighted average price of shares sold at prices that ranged from $81.56 to $82.52.
- [F6]Represents the weighted average price of shares sold at prices that ranged from $82.55 to $82.66.