Sea Ltd (NYSE:SE) COO Ye Gang filed a Form 4 on August 21, 2026, disclosing the sale of Class A ordinary shares across nine transactions executed on August 19 and 20, 2026, through a BVI entity he controls under a Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person and role: Ye Gang, Director and COO of Sea Ltd, filed this statement of changes in beneficial ownership.
  • Total shares disposed: 41,208 Class A ordinary shares were sold across nine transactions on August 19 and 20, 2026.
  • Price range: Weighted average sale prices ranged from $115.87 to $119.66 on August 19, and from $115.98 to $119.00 on August 20, with individual transaction ranges disclosed in the filing footnotes.
  • Remaining indirect holdings: Following the reported transactions, the BVI entity held 448,792 Class A ordinary shares indirectly; Ye Gang also holds 20,976,405 Class A ordinary shares directly.
  • Trading plan: All sales were made pursuant to a Rule 10b5-1 trading plan adopted by the BVI entity on September 4, 2025.
  • Ownership form: The disposed shares were held indirectly "By BVI entity" controlled by the reporting person; direct shares are separately listed.

Ye Gang's August 2026 Share Sales Under Rule 10b5-1 Plan

According to the filing, Ye Gang - Director and COO of Sea Ltd (NYSE:SE) - sold a combined 41,208 Class A ordinary shares over two trading days. On August 19, 2026, five separate sale transactions disposed of 3,307, 4,100, 4,808, 3,593, and 5,400 shares at weighted average prices of $115.87, $116.93, $117.82, $118.83, and $119.66, respectively. Each price listed represents a weighted average, with the actual per-share prices spanning ranges disclosed in the filing footnotes.

On August 20, 2026, four additional transactions were reported, covering 4,181, 6,311, 9,144, and 364 shares at weighted average prices of $115.98, $117.07, $117.74, and $119.00, respectively. All nine transactions carried transaction code "S" (sale) and were executed through a BVI entity controlled by Ye Gang. The filing states 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."

Following all reported transactions, the BVI entity beneficially owned 448,792 Class A ordinary shares indirectly. Separately, the filing lists 20,976,405 Class A ordinary shares held directly by Ye Gang. The filing was signed by Mark Tang as attorney-in-fact for Gang Ye and dated August 21, 2026. The filing also notes that the reporting person will provide full details of shares sold at each individual price within the disclosed ranges upon request to the SEC staff, the issuer, or a security holder.

What Was Disclosed

Ye Gang, COO and Director of Sea Ltd, disclosed the sale of 41,208 Class A ordinary shares through a BVI entity on August 19-20, 2026, under a pre-established Rule 10b5-1 plan, leaving the entity with 448,792 shares and Ye Gang with 20,976,405 direct shares.