Sea Limited's Gang Ye reported a $4.67 million sale of shares held through a BVI entity
Gang Ye, a Sea Limited director and officer (COO), reported the sale of 40,000 Class A ordinary shares from Aug 21 to Aug 24, 2026, for $4.67 million at an average of $116.83 a share. The form listed the shares as held indirectly by a BVI entity, and after the last sale line it stated 408,792 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 25, 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 trade40,000
- the value of the trade$4.67 million
- the average price per share$116.83
- the day of the first tradeAug 21, 2026
- the day of the last tradeAug 24, 2026
- the shares held after the last sale lineafter the last sale line the form states 408792 shares of Class A ordinary shares held indirectly (By BVI entity)
- how the shares of the sale lines are held6 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 25, 2026 ↗
- the day the form was filedAug 25, 2026
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The record
- Issuer
- Sea Limited (CIK 1703399, filed as Sea Ltd)
- Form
- 4
- Accession
- 0001193125-26-364067
- Filed
- Aug 25, 2026
- Period of report
- Aug 21, 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) · 3,820 Class A ordinary shares at $116.87 · Aug 21, 2026 · disposed, indirectly, By BVI entity · 444,972 held after · footnotes F1 and F2
- Line 2
- S (sale) · 14,747 Class A ordinary shares at $117.90 · Aug 21, 2026 · disposed, indirectly, By BVI entity · 430,225 held after · footnotes F1 and F3
- Line 3
- S (sale) · 1,433 Class A ordinary shares at $118.35 · Aug 21, 2026 · disposed, indirectly, By BVI entity · 428,792 held after · footnotes F1 and F4
- Line 4
- S (sale) · 4,859 Class A ordinary shares at $114.98 · Aug 24, 2026 · disposed, indirectly, By BVI entity · 423,933 held after · footnotes F1 and F5
- Line 5
- S (sale) · 9,064 Class A ordinary shares at $115.97 · Aug 24, 2026 · disposed, indirectly, By BVI entity · 414,869 held after · footnotes F1 and F6
- Line 6
- S (sale) · 6,077 Class A ordinary shares at $116.61 · Aug 24, 2026 · disposed, indirectly, By BVI entity · 408,792 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 $116.26 to $117.26. 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 $117.27 to $118.26.
- Footnote F4
- Represents the weighted average price of shares sold at prices that ranged from $118.27 to $118.63.
- Footnote F5
- Represents the weighted average price of shares sold at prices that ranged from $114.40 to $115.39.
- Footnote F6
- Represents the weighted average price of shares sold at prices that ranged from $115.41 to $116.40.
- Footnote F7
- Represents the weighted average price of shares sold at prices that ranged from $116.41 to $117.00.
Insider purchases and sales of Sea Limited shares, since Mar 20, 2026
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