Hou Tianyu 4

What Happened
Hou Tianyu, Chief Financial Officer of Sea Ltd (SE), sold 5,000 shares on July 1, 2026. The filing reports a weighted average sale price of $100.09 per share for total proceeds of $500,450. This was a sale (routine disposition) rather than a purchase.

Key Details

• Transaction date: 2026-07-01; filing date: 2026-07-06 (filed 5 days after the trade; later than the typical 2-business-day Form 4 deadline).
• Reported price(s): weighted average $100.09; price range for the sales: $100.00 to $100.38 (see footnote).
• Shares sold: 5,000; gross proceeds: $500,450.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the reporting person on March 19, 2026.
  • F2: The $100.09 figure is a weighted average; the reporting person can provide the number of shares sold at each separate price upon request.

Context
A 10b5-1 plan indicates the sales were executed under a pre-arranged trading plan, which is commonly used by insiders to sell holdings according to a preset schedule and can reduce the implication that the sale was based on recent, material nonpublic information. Sales are routine disclosures and do not by themselves indicate company performance or insider sentiment.