Form 4: Sea Ltd COO Gang Ye Executes Planned Share Sale

Sea Ltd Chief Operating Officer Gang Ye sold 20,000 Class A ordinary shares via a pre-arranged Rule 10b5-1 trading plan.

Summary

• COO Gang Ye sold a total of 20,000 Class A ordinary shares of Sea Ltd (SE) on June 10 and June 11, 2026.
• The transactions were executed through a BVI entity controlled by the reporting person.
• Sales were conducted pursuant to a Rule 10b5-1 trading plan adopted on September 4, 2025.
• The shares were sold at weighted average prices ranging from $81.40 to $85.28 per share.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sales were pre-planned and represent a small fraction of the executive's total holdings.

Positives

• The sales were executed under a pre-established Rule 10b5-1 trading plan, which is a standard mechanism for insiders to sell stock without triggering concerns regarding non-public information.

Negatives

• The transaction represents a reduction in the reporting person's indirect beneficial ownership of the company's equity.

Risks

• Continued selling by key executives may influence market sentiment regarding the company's short-term valuation.

Future Outlook

No specific forward-looking guidance regarding company operations was provided in this filing.

Industry Context

StockSavvy.ai notes that insider selling via 10b5-1 plans is a routine corporate governance practice and typically does not signal a change in fundamental business outlook or management confidence.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is the industry standard for C-suite executives to manage personal liquidity while maintaining regulatory compliance.

Stakeholder Impact

• Minimal impact expected as the sales were conducted through a pre-arranged, automated trading plan.

Next Steps

• Continued monitoring of future Form 4 filings for further insider activity.

Key Dates

Keywords

Sea Ltd, SE, Insider Trading, Form 4, Gang Ye, Rule 10b5-1