Sea Limited shares held through a BVI entity sold for $1.70 million, director Gang Ye's Form 4 shows
Shares of Sea Limited held indirectly through a BVI entity were sold on May 4 and May 5, 2026, in sales totaling $1.70 million, according to a Form 4 (the form an insider files when trading a company's shares) filed for Gang Ye, a director and officer (COO) of the company. The sales covered 20,000 shares at an average price of $85.20 a share, and after the last sale the form states 180,000 shares held indirectly through a BVI entity. A footnote on the form says the shares were sold under a Rule 10b5-1 trading plan that a BVI entity controlled by the reporting person adopted on Sep 4, 2025. The Form 4 was filed on May 6, 2026 and is on SEC EDGAR.1,2,3,4,5,6,7,8,9,10,11,12,13
How each figure was checked
- Sea Limited Form 4 0001193125-26-207456: sidesale
- Sea Limited Form 4 0001193125-26-207456: value$1.7 million
- Sea Limited Form 4 0001193125-26-207456: first dateMay 4, 2026
- Sea Limited Form 4 0001193125-26-207456: last dateMay 5, 2026
- Sea Limited Form 4 0001193125-26-207456: holding6 sale lines held indirectly (By BVI entity)
- Sea Limited Form 4 0001193125-26-207456: ownerGang Ye
- Sea Limited Form 4 0001193125-26-207456: signed byMark Tang, attorney-in-fact for Gang Ye
- Sea Limited Form 4 0001193125-26-207456: relationshipdirector and officer (COO)
- Sea Limited Form 4 0001193125-26-207456: shares20,000
- Sea Limited Form 4 0001193125-26-207456: average price$85.2
- Sea Limited Form 4 0001193125-26-207456: shares afterafter the last sale line the form states 180000 shares of Class A ordinary shares held indirectly (By BVI entity)
- Footnote F1 of the Form 4 filed May 6, 2026 (it is attached to that document's line N1, N2, N3, N4, N5, N6)September 4, 2025Footnotes of the same Form 4 ↗
- Sea Limited Form 4 0001193125-26-207456: filed onMay 6, 2026
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The record
- Issuer
- Sea Limited (CIK 1703399, filed as Sea Ltd)
- Form
- 4
- Accession
- 0001193125-26-207456
- Filed
- May 6, 2026
- Period of report
- May 4, 2026
- Reporting owner
- Gang Ye (CIK 1729171, filed as Ye Gang)
- Relationship
- director and officer (COO)
- Rule 10b5-1 checkbox
- Ticked
- Line 1
- S (sale) · 2,515 Class A ordinary shares at $85.08 · May 4, 2026 · disposed, indirectly, By BVI entity · 197,485 held after · footnotes F1 and F2
- Line 2
- S (sale) · 6,830 Class A ordinary shares at $85.90 · May 4, 2026 · disposed, indirectly, By BVI entity · 190,655 held after · footnotes F1 and F3
- Line 3
- S (sale) · 655 Class A ordinary shares at $86.77 · May 4, 2026 · disposed, indirectly, By BVI entity · 190,000 held after · footnotes F1 and F4
- Line 4
- S (sale) · 4,904 Class A ordinary shares at $84.20 · May 5, 2026 · disposed, indirectly, By BVI entity · 185,096 held after · footnotes F1 and F5
- Line 5
- S (sale) · 3,945 Class A ordinary shares at $84.92 · May 5, 2026 · disposed, indirectly, By BVI entity · 181,151 held after · footnotes F1 and F6
- Line 6
- S (sale) · 1,151 Class A ordinary shares at $85.70 · May 5, 2026 · disposed, indirectly, By BVI entity · 180,000 held after · footnotes F1 and F7
- Footnote 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.
- Footnote F2
- Represents the weighted average price of shares sold at prices that ranged from $84.46 to $85.46. 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 $85.47 to $86.46.
- Footnote F4
- Represents the weighted average price of shares sold at prices that ranged from $86.50 to $87.20.
- Footnote F5
- Represents the weighted average price of shares sold at prices that ranged from $83.55 to $84.54.
- Footnote F6
- Represents the weighted average price of shares sold at prices that ranged from $84.55 to $85.54.
- Footnote F7
- Represents the weighted average price of shares sold at prices that ranged from $85.58 to $86.00.
Insider purchases and sales of Sea Limited shares, since Mar 20, 2026
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