Wang Yanjun, Chief Compliance Officer and General Counsel of Sea Ltd, filed a Form 4 on October 27, 2026, disclosing five sales of Class A ordinary shares between October 23 and October 26, 2026, executed through a BVI entity under a Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person and role: Wang Yanjun, CCO and General Counsel of Sea Ltd (NYSE:SE), filed the statement.
  • Total shares disposed: 1,600 Class A ordinary shares were sold across five transactions on October 23 and October 26, 2026.
  • Price range: Weighted average sale prices ranged from $72.31 to $75.47 per share across the five transactions.
  • Post-transaction indirect ownership: Following all reported sales, the BVI entity held 72,780 Class A ordinary shares indirectly; Wang Yanjun also held 1,033,642 Class A ordinary shares directly.
  • 10b5-1 plan: All sales were made pursuant to a Rule 10b5-1 trading plan adopted by the BVI entity controlled by the reporting person on March 26, 2026.
  • Ownership structure: The disposed shares were held indirectly through a BVI entity controlled by Wang Yanjun.

Details of Wang Yanjun's October 2026 Share Sales at Sea Ltd

According to the filing, Wang Yanjun disposed of Class A ordinary shares of Sea Ltd on two trading dates. On October 23, 2026, two sale transactions were recorded: 602 shares at a weighted average price of $74.70, with individual sale prices ranging from $74.26 to $75.24, and 198 shares at a weighted average price of $75.47, with prices ranging from $75.26 to $76.20. Both transactions reduced the indirectly held position from an implied prior level to 73,580 shares after the second October 23 sale.

On October 26, 2026, three additional sale transactions took place. The filing reports 96 shares sold at a weighted average of $72.31 (range $71.68 to $72.64), 45 shares at a weighted average of $73.14 (range $72.73 to $73.64), and 659 shares at a weighted average of $74.03 (range $73.68 to $74.62). After these three transactions, the BVI entity held 72,780 Class A ordinary shares indirectly. The filing also reflects a separate direct holding of 1,033,642 Class A ordinary shares for Wang Yanjun.

The filing states that all five sales "were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on March 26, 2026." The filing further notes that Wang Yanjun undertakes to provide, upon request, full information regarding the number of shares sold at each separate price within the stated ranges. The form was signed by Emily Tan as attorney-in-fact for Yanjun Wang on October 27, 2026.

What Was Disclosed

Wang Yanjun, CCO and General Counsel of Sea Ltd, reported five disposals of Class A ordinary shares totaling 1,600 shares between October 23 and October 26, 2026, all executed through a BVI entity under a pre-established Rule 10b5-1 plan adopted March 26, 2026.