FilingsForm 4

Sea Limited's Jingye Chen reports a $6.24 million share sale

From the public record1 min read

Published Oct 20, 2026 · 07:00 UTCUpdated Oct 23, 2026 · 17:58 UTCFiled Sep 17, 2026

Value$6.24 million, held indirectly

Shares60,000, held indirectly

Average price$103.98

FiledSep 17

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

A Form 4 (the form an insider files when trading a company's shares) for Jingye Chen, an officer (CPO, Shopee) of Sea Limited, reported the sale of 60,000 shares for $6.24 million, at an average of $103.98 a share, in trades from Sep 15 to Sep 16, 2026. The same form also listed an exercise of 150,000 share options on Sep 16, 2026, held directly, on lines separate from the sale. The form listed the shares sold as held through a BVI entity and said they were sold under a Rule 10b5-1 trading plan that a BVI entity controlled by the reporting person adopted on June 10, 2026. The form was filed on Sep 17, 2026, and is on SEC EDGAR.1 2 3 4 5 6 7 8 9 10 11 12 13

How each figure was checked13 facts

the side of the tradesaleOur database
shares in the sale60,000Our database
value of the sale$6.24 millionOur database
average price of the sale$103.98Our database
the reporting ownerJingye ChenOur database
the owner relationship to the companyofficer (CPO, Shopee)Our database
first trade dateSep 15, 2026Our database
last trade dateSep 16, 2026Our database
the exercise line of the formexercise of an in-the-money derivative (code X): 150,000 shares acquired on Sep 16, 2026 at $15 per share; held directly; 9,126,574 owned after the lineOur database
the derivative line: share options1,000,000 shares of Share options (right to buy) owned after this line, held directlyOur database
how the sold shares are held7 sale lines held indirectly (By BVI entity)Our database
the footnote on the Rule 10b5-1 plan: its adoption dateJune 10, 2026Footnotes of the Form 4 filed Sep 17, 2026 ↗
the day the Form 4 was filedSep 17, 2026Our database

The record

Issuer: Sea Limited (CIK 1703399, filed as Sea Ltd)
Form: 4
Accession: 0001193125-26-393666
Filed: Sep 17, 2026
Period of report: Sep 15, 2026
Reporting owner: Jingye Chen (CIK 1965706, filed as Chen Jingye)
Relationship: officer (CPO, Shopee)
Rule 10b5-1 checkbox: Ticked
Line 1: S (sale) · 11,700 Class A ordinary shares at $103.30 · Sep 15, 2026 · disposed, indirectly, By BVI entity · 168,300 held after · footnotes F1 and F2
Line 2: S (sale) · 14,600 Class A ordinary shares at $103.81 · Sep 15, 2026 · disposed, indirectly, By BVI entity · 153,700 held after · footnotes F1 and F3
Line 3: S (sale) · 1,800 Class A ordinary shares at $105.08 · Sep 15, 2026 · disposed, indirectly, By BVI entity · 151,900 held after · footnotes F1 and F4
Line 4: S (sale) · 1,900 Class A ordinary shares at $106.04 · Sep 15, 2026 · disposed, indirectly, By BVI entity · 150,000 held after · footnotes F1 and F5
Line 5: S (sale) · 6,863 Class A ordinary shares at $103.26 · Sep 16, 2026 · disposed, indirectly, By BVI entity · 143,137 held after · footnotes F1 and F6
Line 6: S (sale) · 15,437 Class A ordinary shares at $104.07 · Sep 16, 2026 · disposed, indirectly, By BVI entity · 127,700 held after · footnotes F1 and F7
Line 7: S (sale) · 7,700 Class A ordinary shares at $105.03 · Sep 16, 2026 · disposed, indirectly, By BVI entity · 120,000 held after · footnotes F1 and F8
Line 8: X (exercise of an in-the-money derivative) · 150,000 Class A ordinary shares at $15.00 · Sep 16, 2026 · acquired, directly · 9,126,574 held after
Derivative line 1: X (exercise of an in-the-money derivative) · 150,000 Share options (right to buy) at $0.00 · Sep 16, 2026 · disposed, directly · 1,000,000 held after · footnote F9
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 June 10, 2026.
Footnote F2: Represents the weighted average price of shares sold at prices that ranged from $102.59 to $103.58. 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 $103.59 to $104.55.
Footnote F4: Represents the weighted average price of shares sold at prices that ranged from $104.60 to $105.56.
Footnote F5: Represents the weighted average price of shares sold at prices that ranged from $105.71 to $106.49.
Footnote F6: Represents the weighted average price of shares sold at prices that ranged from $102.68 to $103.67.
Footnote F7: Represents the weighted average price of shares sold at prices that ranged from $103.69 to $104.67.
Footnote F8: Represents the weighted average price of shares sold at prices that ranged from $104.68 to $105.30.
Footnote F9: The share options were granted on February 28, 2018 and are fully exercisable.