Wang Yanjun 4
Research Summary
AI-generated summary
Sea Ltd (SE) CCO/GC Wang Yanjun Sells 2,400 Shares
What Happened
Wang Yanjun, Sea Ltd's Chief Commercial Officer and General Counsel, sold a total of 2,400 Sea Ltd (SE) shares in multiple transactions on July 22–23, 2026. The sales were executed at reported prices between $99.91 and $106.25, producing aggregate proceeds of approximately $247,679. These disposals were reported on a Form 4 filed July 24, 2026 and identified as sales (code S).
Key Details
- Dates: July 22, 2026 and July 23, 2026.
- Trades: 1,200 shares sold on July 22 (four trades) for ~$126,180; 1,200 shares sold on July 23 (six trades) for ~$121,499. Total = 2,400 shares, ~$247,679.
- Prices: individual trade prices reported from $99.91 to $106.25; footnotes list weighted-average ranges for grouped sales.
- Footnotes: sales were made pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the reporting person (footnote F1). One footnote (F2) notes the filer will provide on request the number of shares sold at each separate price within certain ranges.
- Ownership after sale: not specified in the provided excerpt of the filing.
- Timeliness: Form 4 filed July 24 covering trades on July 22–23; appears timely (Form 4s are generally due within two business days of the transaction).
Context
These transactions are routine insider sales reported under an established 10b5-1 trading plan, which allows pre-scheduled sales irrespective of short-term company news. The filing is factual; it does not state the insider’s motives. If you want the precise breakdown of how many shares sold at each individual price within the reported ranges, the filer has noted they will provide that information to the SEC or holders upon request.