Sea Ltd COO Gang Ye Sells 20,000 Shares via Rule 10b5-1 Plan

This Form 4 filing discloses that Gang Ye, Chief Operating Officer and Director of Sea Ltd (SE), sold 20,000 Class A ordinary shares through a pre-arranged Rule 10b5-1 trading plan. The sales occurred in four transactions on April 10 and April 13, 2026, with prices ranging from $84.23 to $86.18 per share, totaling approximately $1.7 million in proceeds. The shares were sold by a British Virgin Islands entity controlled by Ye, and the transactions were executed under a trading plan adopted on September 4, 2025. Following these sales, Ye's direct ownership remains at 22,396,405 shares, while his indirect holdings through the BVI entity decreased to 340,000 shares. The filing demonstrates compliance with insider trading regulations through the use of a 10b5-1 plan, which allows insiders to pre-schedule stock sales to avoid allegations of trading on material non-public information.