Sea Limited's Gang Ye reported a $4.85 million sale of shares held through a BVI entity
Gang Ye, a Sea Limited director and officer (COO), reported the sale of 41,208 Class A ordinary shares from Aug 19 to Aug 20, 2026, for $4.85 million at an average of $117.60 a share. The form listed the shares as held indirectly by a BVI entity, and after the last sale line it stated 448,792 Class A ordinary shares held the same way. The form's Rule 10b5-1 box was ticked, and a footnote said 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 source is a Form 4, the form an insider files when trading the company's shares, filed with the SEC on Aug 21, 2026.1,2,3,4,5,6,7,8,9,10,11,12,13
How each figure was checked
- the reporting owner, as the form names themGang Ye
- the reporting owner's relationship to the companydirector and officer (COO)
- the side of the tradesale
- the shares in the trade41,208
- the value of the trade$4.85 million
- the average price per share$117.6
- the day of the first tradeAug 19, 2026
- the day of the last tradeAug 20, 2026
- the shares held after the last sale lineafter the last sale line the form states 448792 shares of Class A ordinary shares held indirectly (By BVI entity)
- how the shares of the sale lines are held9 sale lines held indirectly (By BVI entity)
- the form's Rule 10b5-1 checkboxticked: 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
- the date a BVI entity controlled by the reporting person adopted the Rule 10b5-1 trading plan the shares were sold under (footnote F1)September 4, 2025Footnotes of the Form 4 filed Aug 21, 2026 ↗
- the day the form was filedAug 21, 2026
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The record
- Issuer
- Sea Limited (CIK 1703399, filed as Sea Ltd)
- Form
- 4
- Accession
- 0001193125-26-359853
- Filed
- Aug 21, 2026
- Period of report
- Aug 19, 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) · 3,307 Class A ordinary shares at $115.87 · Aug 19, 2026 · disposed, indirectly, By BVI entity · 486,693 held after · footnotes F1 and F2
- Line 2
- S (sale) · 4,100 Class A ordinary shares at $116.93 · Aug 19, 2026 · disposed, indirectly, By BVI entity · 482,593 held after · footnotes F1 and F3
- Line 3
- S (sale) · 4,808 Class A ordinary shares at $117.82 · Aug 19, 2026 · disposed, indirectly, By BVI entity · 477,785 held after · footnotes F1 and F4
- Line 4
- S (sale) · 3,593 Class A ordinary shares at $118.83 · Aug 19, 2026 · disposed, indirectly, By BVI entity · 474,192 held after · footnotes F1 and F5
- Line 5
- S (sale) · 5,400 Class A ordinary shares at $119.66 · Aug 19, 2026 · disposed, indirectly, By BVI entity · 468,792 held after · footnotes F1 and F6
- Line 6
- S (sale) · 4,181 Class A ordinary shares at $115.98 · Aug 20, 2026 · disposed, indirectly, By BVI entity · 464,611 held after · footnotes F1 and F7
- Line 7
- S (sale) · 6,311 Class A ordinary shares at $117.07 · Aug 20, 2026 · disposed, indirectly, By BVI entity · 458,300 held after · footnotes F1 and F8
- Line 8
- S (sale) · 9,144 Class A ordinary shares at $117.74 · Aug 20, 2026 · disposed, indirectly, By BVI entity · 449,156 held after · footnotes F1 and F9
- Line 9
- S (sale) · 364 Class A ordinary shares at $119.00 · Aug 20, 2026 · disposed, indirectly, By BVI entity · 448,792 held after · footnote F1
- 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 $115.35 to $116.22. 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 $116.37 to $117.34.
- Footnote F4
- Represents the weighted average price of shares sold at prices that ranged from $117.36 to $118.35.
- Footnote F5
- Represents the weighted average price of shares sold at prices that ranged from $118.36 to $119.347.
- Footnote F6
- Represents the weighted average price of shares sold at prices that ranged from $119.35 to $120.04.
- Footnote F7
- Represents the weighted average price of shares sold at prices that ranged from $115.53 to $116.52.
- Footnote F8
- Represents the weighted average price of shares sold at prices that ranged from $116.53 to $117.529.
- Footnote F9
- Represents the weighted average price of shares sold at prices that ranged from $117.53 to $118.38.
Insider purchases and sales of Sea Limited shares, since Mar 20, 2026
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