Chen Jingye, Chief Platform Officer of Shopee at Sea Ltd, filed a Form 4 on October 29, 2026, reporting the exercise of 200,000 share options in Class A ordinary shares on October 28, 2026.

Key Highlights

  • Reporting person: Chen Jingye, identified in the filing as CPO, Shopee at Sea Ltd (NYSE:SE)
  • Transaction: 200,000 Class A ordinary shares acquired via option exercise (transaction code X) on October 28, 2026 at a price of $15 per share
  • Options exercised: Share options originally granted on February 28, 2018, described in the filing as "fully exercisable," with an expiration date of February 28, 2028
  • Post-transaction direct holdings: 9,476,574 Class A ordinary shares held directly following the transaction
  • Remaining derivative securities: 650,000 share options (right to buy) beneficially owned directly after the reported transaction
  • Price of derivative security: Listed as $0 in the filing, with the exercise price of the options stated as $15

Chen Jingye's October 2026 Option Exercise in Sea Ltd Class A Shares

According to the Form 4 filed with the U.S. Securities and Exchange Commission on October 29, 2026, Chen Jingye, who serves as CPO of Shopee, a unit of Sea Ltd (NYSE:SE), exercised 200,000 share options on October 28, 2026. The options carried an exercise price of $15 per share and were classified under transaction code X in the filing. The filing identifies these options as having been granted on February 28, 2018, and notes they are fully exercisable, with an expiration date of February 28, 2028.

Following the exercise, the filing reports that Chen Jingye directly holds 9,476,574 Class A ordinary shares of Sea Ltd. In Table II, covering derivative securities, the filing records a disposition of 200,000 share options linked to 200,000 Class A ordinary shares as underlying securities. After the reported transaction, Chen Jingye's directly held share options (right to buy) stand at 650,000, according to the filing.

The Form 4 was signed by Mark Tang as attorney-in-fact for Jingye Chen and dated October 29, 2026. No Rule 10b5-1 plan box was checked in the filing.

What Was Disclosed

The filing reports the exercise of 200,000 Class A ordinary share options at $15 by Chen Jingye, CPO of Shopee at Sea Ltd, on October 28, 2026, resulting in direct beneficial ownership of 9,476,574 Class A ordinary shares and 650,000 remaining share options.