Sea Ltd COO Gang Ye Sells 10,000 Shares via Rule 10b5-1 Plan

Sea Ltd (SE) COO Gang Ye filed a Form 4 disclosing the sale of 10,000 Class A ordinary shares on May 28, 2026, through a pre-arranged Rule 10b5-1 trading plan. The sales occurred in two transactions: 5,936 shares at a weighted average price of $91.80 and 4,064 shares at $92.35, generating total proceeds of approximately $920,000. The sales were executed by a British Virgin Islands entity controlled by Ye and were part of a trading plan adopted on September 4, 2025. Following these transactions, Ye's indirect holdings through the BVI entity decreased to 210,000 shares, while his direct holdings remain at 22,206,405 shares. The filing indicates the sales were made pursuant to a predetermined plan, which is common for corporate insiders to avoid allegations of trading on non-public information.