Wang Yanjun 4
4 · Sea Ltd · Filed Jul 22, 2026
Research Summary
AI-generated summary of this filing
Sea Ltd (SE) CCO & GC Wang Yanjun Sells Shares
What Happened
Wang Yanjun, Chief Commercial Officer and General Counsel of Sea Ltd (SE), sold a total of 2,400 Sea ordinary shares in open-market transactions on July 20–21, 2026, for aggregate proceeds of approximately $255,274. The individual sales were: 574 shares at $105.75 ($60,701); 463 shares at $107.02 ($49,550); 163 shares at $107.66 ($17,549) — all on July 20, 2026 — and 937 shares at $106.00 ($99,322); 194 shares at $106.73 ($20,706); 69 shares at $107.91 ($7,446) — on July 21, 2026. These were disposals (sales), commonly routine in nature.
Key Details
- Transaction dates: July 20, 2026 and July 21, 2026.
- Trades and proceeds: 2,400 shares sold for total proceeds ≈ $255,274 (individual line items listed above).
- Price range reported across transactions: roughly $105.44 to $107.98 (weighted averages reported for grouped price ranges).
- Footnote: Sales were made pursuant to a Rule 10b5‑1 trading plan adopted March 26, 2026 by a BVI entity controlled by the reporting person (pre-arranged plan). The filing also includes weighted‑average price footnotes and states full per‑price breakdowns are available upon request.
- Filing: Form 4 filed 2026-07-22 (reported soon after the trades; no late filing indicated in the provided excerpt).
- Shares owned after transaction: Not specified in the provided excerpt.
Context
A Rule 10b5‑1 plan allows insiders to sell shares according to a pre-set plan and generally indicates the trades were pre-arranged rather than opportunistic reactions to recent news. For retail investors, purchases often carry more signal than routine, planned sales; these transactions should be interpreted as disposals made under a pre-existing plan rather than an explicit directional vote on company prospects.
Insider Transaction Report
- Sale
Class A ordinary shares
[F1][F2]2026-07-20$105.75/sh−574$60,701→ 30,726 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F3]2026-07-20$107.02/sh−463$49,550→ 30,263 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F4]2026-07-20$107.66/sh−163$17,549→ 30,100 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F5]2026-07-21$106.00/sh−937$99,322→ 29,163 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F6]2026-07-21$106.73/sh−194$20,706→ 28,969 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F7]2026-07-21$107.91/sh−69$7,446→ 28,900 total(indirect: By BVI entity)
- 1,162,442
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 March 26, 2026.
- [F2]Represents the weighted average price of shares sold at prices that ranged from $105.50 to $106.47. 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 $106.50 to $107.49.
- [F4]Represents the weighted average price of shares sold at prices that ranged from $107.50 to $107.98.
- [F5]Represents the weighted average price of shares sold at prices that ranged from $105.44 to $106.43.
- [F6]Represents the weighted average price of shares sold at prices that ranged from $106.44 to $107.38.
- [F7]Represents the weighted average price of shares sold at prices that ranged from $107.77 to $107.96.