Chen Jingye 4
4 · Sea Ltd · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Sea Ltd (SE) CPO Chen Jingye Sells Shares
What Happened
Chen Jingye, Chief Product Officer of Shopee (Sea Ltd), sold a total of 1,600 Sea ADSs in several transactions on March 24–25, 2026, for combined proceeds of about $128,291 (weighted-average price ≈ $80.18/share). The individual reported trades were:
- 210 shares at $77.84 — $16,346 (Mar 24)
- 590 shares at $78.73 — $46,451 (Mar 24)
- 63 shares at $80.76 — $5,088 (Mar 25)
- 520 shares at $81.80 — $42,536 (Mar 25)
- 217 shares at $82.35 — $17,870 (Mar 25)
These disposals were sales (S) reported as open market or private sales and were executed pursuant to a pre-established trading plan.
Key Details
- Transaction dates: March 24–25, 2026; Form 4 filed March 26, 2026 (within the typical 2-business-day filing window).
- Aggregate shares sold: 1,600; aggregate proceeds: ~$128,291; weighted-average price ≈ $80.18/share.
- Footnote: Sales were made under a Rule 10b5-1 trading plan adopted Aug 28, 2025 by a BVI entity controlled by Chen Jingye. (Footnotes F2–F6 describe price ranges and weighted averages for the reported bundles.)
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Transaction type code: S = Sale (open market/private sale).
Context
- These were prearranged 10b5-1 plan sales, which are commonly used by insiders to sell shares on a set schedule and do not necessarily signal a change in sentiment.
- For retail investors, purchases by insiders can be more indicative of confidence; routine sales under a trading plan are generally considered less informative about an insider’s near-term view.
- All figures above are taken from the Form 4 filing (Accession 0001193125-26-124970) covering the reported transactions.
Insider Transaction Report
Form 4
Sea LtdSE
Chen Jingye
CPO, Shopee
Transactions
- Sale
Class A ordinary shares
[F1][F2]2026-03-24$77.84/sh−210$16,346→ 237,390 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F3]2026-03-24$78.73/sh−590$46,451→ 236,800 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F4]2026-03-25$80.76/sh−63$5,088→ 236,737 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F5]2026-03-25$81.80/sh−520$42,536→ 236,217 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F6]2026-03-25$82.35/sh−217$17,870→ 236,000 total(indirect: By BVI entity)
Holdings
- 9,073,908
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 August 28, 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 $80.18 to $81.17.
- [F5]Represents the weighted average price of shares sold at prices that ranged from $81.180 to $82.178.
- [F6]Represents the weighted average price of shares sold at prices that ranged from $82.18 to $82.72.
Signature
/s/ Mark Tang, attorney-in-fact for Jingye Chen|2026-03-26