$6.18 million of Sea shares held by a BVI entity were sold on Mar 18, 2026
72,435 Class A ordinary shares of Sea Limited, held through a BVI entity, were sold on Mar 18, 2026, at an average of $85.38 a share, for $6.18 million. The Form 4, the form an insider files when trading company shares, names David Y. Ma, a Sea director, as the reporting owner and states 1,453,392 Class A ordinary shares held indirectly through the BVI entity after the last sale. A footnote says the shares were sold under a Rule 10b5-1 trading plan adopted on Dec 12, 2025 by the BVI entity, which an immediate family member sharing the reporting person's household controls. The Form 4 was filed with the SEC on Mar 20, 2026, and can be read on EDGAR.1,2,3,4,5,6,7,8,9,10,11
How each figure was checked
- Sea Limited Form 4 0001193125-26-116655: shares72,435
- Sea Limited Form 4 0001193125-26-116655: holding2 sale lines held indirectly (By BVI entity)
- Sea Limited Form 4 0001193125-26-116655: sidesale
- Sea Limited Form 4 0001193125-26-116655: first dateMar 18, 2026
- Sea Limited Form 4 0001193125-26-116655: average price$85.38
- Sea Limited Form 4 0001193125-26-116655: value$6.18 million
- Sea Limited Form 4 0001193125-26-116655: shares afterafter the last sale line the form states 1453392 shares of Class A ordinary shares held indirectly (By BVI entity)
- Sea Limited Form 4 0001193125-26-116655: ownerDavid Y Ma
- Sea Limited Form 4 0001193125-26-116655: relationshipdirector
- Footnote F1 of the Form 4 filed Mar 20, 2026 (it is attached to that document's line N1, N2)December 12, 2025Footnotes of the Form 4 filed Mar 20, 2026 ↗
- Sea Limited Form 4 0001193125-26-116655: filed onMar 20, 2026
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The record
- Issuer
- Sea Limited (CIK 1703399, filed as Sea Ltd)
- Form
- 4
- Accession
- 0001193125-26-116655
- Filed
- Mar 20, 2026
- Period of report
- Mar 18, 2026
- Reporting owner
- David Y Ma (CIK 2114135, filed as Ma David Y)
- Relationship
- director
- Rule 10b5-1 checkbox
- Ticked
- Line 1
- S (sale) · 63,950 Class A ordinary shares at $85.28 · Mar 18, 2026 · disposed, indirectly, By BVI entity · 1,461,877 held after · footnotes F1 and F2
- Line 2
- S (sale) · 8,485 Class A ordinary shares at $86.14 · Mar 18, 2026 · disposed, indirectly, By BVI entity · 1,453,392 held after · footnotes F1 and F3
- Footnote F1
- The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by an immediate family member sharing the same household as the Reporting Person on December 12, 2025.
- Footnote F2
- Represents the weighted average price of shares sold at prices that ranged from $85.00 to $85.99. 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.
- Footnote F3
- Represents the weighted average price of shares sold at prices that ranged from $86.00 to $86.53.
Insider purchases and sales of Sea Limited shares, since Mar 20, 2026
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