Ye Gang 4
4 · Sea Ltd · Filed Jul 24, 2026
Research Summary
AI-generated summary of this filing
Sea Ltd (SE) COO Ye Gang Sells 40,000 Shares (~$4.13M)
What Happened
Ye Gang, Sea Ltd (SE) Chief Operating Officer and Director, sold a total of 40,000 Sea shares in two batches (20,000 on 2026-07-22 and 20,000 on 2026-07-23) for aggregate proceeds of approximately $4,127,585. Individual trades on 7/22 were at prices of $103.52, $104.69, $105.59 and $106.29 (total ~20,000 shares, ~$2.104M). Trades on 7/23 were at prices of $99.98, $100.62, $101.81, $102.88 and $103.68 (total ~20,000 shares, ~$2.023M). All transactions are reported as sales (code S).
Key Details
- Transaction dates: 2026-07-22 and 2026-07-23; Form 4 filed 2026-07-24 (timely under Form 4 rules).
- Total sold: 40,000 shares for about $4,127,585 in proceeds.
- Price range: reported prices per trade ranged roughly $99.98–$106.29; filing footnotes show weighted-average ranges across trades of about $99.33–$106.69.
- Footnotes: Sales were made pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by Ye Gang on Sept 4, 2025 (footnote F1). The filing includes weighted-average price notes and an undertaking to provide a per-price breakdown on request (footnote F2).
- Shares owned after transaction: not specified in the provided filing details.
- Transaction type: Sales (S); no options exercised, awards, or gifts reported.
Context
- These sales were executed under a pre-established Rule 10b5-1 plan, which typically indicates pre-planned disposition rather than ad hoc insider selling.
- For retail investors: purchases generally carry more informational weight than routine 10b5-1 sales; this filing documents disposition, not new insider buying.
Insider Transaction Report
Form 4
Sea LtdSE
Ye Gang
DirectorCOO
Transactions
- Sale
Class A ordinary shares
[F1][F2]2026-07-22$103.52/sh−1,092$113,044→ 278,908 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F3]2026-07-22$104.69/sh−7,318$766,121→ 271,590 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F4]2026-07-22$105.59/sh−9,952$1,050,832→ 261,638 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F5]2026-07-22$106.29/sh−1,638$174,103→ 260,000 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F6]2026-07-23$99.98/sh−7,866$786,443→ 252,134 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F7]2026-07-23$100.62/sh−5,893$592,954→ 246,241 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F8]2026-07-23$101.81/sh−419$42,658→ 245,822 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F9]2026-07-23$102.88/sh−2,744$282,303→ 243,078 total(indirect: By BVI entity) - Sale
Class A ordinary shares
[F1][F10]2026-07-23$103.68/sh−3,078$319,127→ 240,000 total(indirect: By BVI entity)
Holdings
- 21,636,405
Class A ordinary shares
Footnotes (10)
- [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.
- [F10]Represents the weighted average price of shares sold at prices that ranged from $103.34 to $104.26.
- [F2]Represents the weighted average price of shares sold at prices that ranged from $103.12 to $104.11. 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 $104.14 to $105.11.
- [F4]Represents the weighted average price of shares sold at prices that ranged from $105.12 to $106.119.
- [F5]Represents the weighted average price of shares sold at prices that ranged from $106.12 to $106.69.
- [F6]Represents the weighted average price of shares sold at prices that ranged from $99.33 to $100.325.
- [F7]Represents the weighted average price of shares sold at prices that ranged from $100.33 to $101.16.
- [F8]Represents the weighted average price of shares sold at prices that ranged from $101.52 to $102.18.
- [F9]Represents the weighted average price of shares sold at prices that ranged from $102.33 to $103.32.
Signature
/s/ Mark Tang, attorney-in-fact for Gang Ye|2026-07-24