BVI entity controlled by Sea Limited Chairman and CEO Xiaodong Li sold 19,230 shares for $2.38 million
A BVI entity controlled by Xiaodong Li, a director and officer (Chairman and CEO) of Sea Limited, sold 19,230 Class A ordinary shares on Aug 13, 2026, at an average of $123.96 each, for $2.38 million. The form's Rule 10b5-1 box is ticked, and a footnote says the shares were sold under a trading plan that the BVI entity adopted on Sep 10, 2025. After the last sale, the form states 269,220 Class A ordinary shares held indirectly through the BVI entity, and the form's remarks say the report covers only the securities the reporting person may be deemed to beneficially own under Rule 16a-1. The filing is a Form 4, the form an insider files when trading the company's shares, and it was filed with the SEC on Aug 17, 2026.1,2,3,4,5,6,7,8,9,10,11,12,13,14
How each figure was checked
- Footnote F1 of the Form 4 filed Aug 17, 2026 (it is attached to that document's line N1, N2, N3, N4, N5)September 10, 2025Footnotes and remarks of the Form 4 (SEC EDGAR) ↗
- Sea Limited Form 4 0001193125-26-353146: signed byMark Tang, attorney-in-fact for Xiaodong Li
- Sea Limited Form 4 0001193125-26-353146: relationshipdirector and officer (Chairman and CEO)
- Sea Limited Form 4 0001193125-26-353146: sidesale
- Sea Limited Form 4 0001193125-26-353146: shares19,230
- Sea Limited Form 4 0001193125-26-353146: holding5 sale lines held indirectly (By BVI entity)
- Sea Limited Form 4 0001193125-26-353146: first dateAug 13, 2026
- Sea Limited Form 4 0001193125-26-353146: last dateAug 13, 2026
- Sea Limited Form 4 0001193125-26-353146: average price$123.96
- Sea Limited Form 4 0001193125-26-353146: value$2.38 million
- Sea Limited Form 4 0001193125-26-353146: rule 10b5 1ticked: the filing marks a transaction on the form as made under a Rule 10b5-1 plan; the box is one answer for the whole form and does not say which line
- Sea Limited Form 4 0001193125-26-353146: shares afterafter the last sale line the form states 269220 shares of Class A ordinary shares held indirectly (By BVI entity)
- Remarks of the Form 4 filed Aug 17, 2026 (they speak for the form as a whole, not for a line)This Report includes only the securities that the Reporting Person may be deemed to beneficially own in accordance with Rule 16a-1.Footnotes and remarks of the Form 4 (SEC EDGAR) ↗
- Sea Limited Form 4 0001193125-26-353146: filed onAug 17, 2026
Sign in to keep your place.
The record
- Issuer
- Sea Limited (CIK 1703399, filed as Sea Ltd)
- Form
- 4
- Accession
- 0001193125-26-353146
- Filed
- Aug 17, 2026
- Period of report
- Aug 13, 2026
- Reporting owner
- Xiaodong Li (CIK 1721503, filed as Li Xiaodong)
- Relationship
- director and officer (Chairman and CEO)
- Rule 10b5-1 checkbox
- Ticked
- Line 1
- S (sale) · 6,039 Class A ordinary shares at $122.72 · Aug 13, 2026 · disposed, indirectly, By BVI entity · 282,411 held after · footnotes F1 and F2
- Line 2
- S (sale) · 6,442 Class A ordinary shares at $123.70 · Aug 13, 2026 · disposed, indirectly, By BVI entity · 275,969 held after · footnotes F1 and F3
- Line 3
- S (sale) · 3,520 Class A ordinary shares at $124.72 · Aug 13, 2026 · disposed, indirectly, By BVI entity · 272,449 held after · footnotes F1 and F4
- Line 4
- S (sale) · 1,697 Class A ordinary shares at $125.54 · Aug 13, 2026 · disposed, indirectly, By BVI entity · 270,752 held after · footnotes F1 and F5
- Line 5
- S (sale) · 1,532 Class A ordinary shares at $126.49 · Aug 13, 2026 · disposed, indirectly, By BVI entity · 269,220 held after · footnotes F1 and F6
- 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 10, 2025.
- Footnote F2
- Represents the weighted average price of shares sold at prices that ranged from $122.15 to $123.15. 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 $123.16 to $124.14.
- Footnote F4
- Represents the weighted average price of shares sold at prices that ranged from $124.18 to $125.15.
- Footnote F5
- Represents the weighted average price of shares sold at prices that ranged from $125.16 to $125.99.
- Footnote F6
- Represents the weighted average price of shares sold at prices that ranged from $126.22 to $126.82.
- Remarks
- This Report includes only the securities that the Reporting Person may be deemed to beneficially own in accordance with Rule 16a-1. This report does not include Class A ordinary shares over which the Reporting Person has no pecuniary interest but has voting power due to irrevocable voting proxies from the respective owners of such shares (including certain directors and employees of the Issuer, certain affiliates of employees of the Issuer, and Garena ESOP Program (PTC) Limited).