Sea Ltd (SE) CPO-linked entity sells 1,600 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sea Ltd insider activity shows a BVI entity controlled by CPO Jingye Chen sold a total of 1,600 Class A ordinary shares in open-market trades on March 30–31, 2026, under a pre-arranged Rule 10b5-1 trading plan. Sale prices ranged from about $77.99 to $82.93 per share. After these sales, indirect holdings reported for the entity were 232,800 shares, while Chen also reported 9,073,908 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,600 shares ($128,324)
Net Sell
6 txns
Insider
Chen Jingye
Role
CPO, Shopee
Sold
1,600 shs ($128K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A ordinary shares | 249 | $80.81 | $20K |
| Sale | Class A ordinary shares | 132 | $81.31 | $11K |
| Sale | Class A ordinary shares | 419 | $82.57 | $35K |
| Sale | Class A ordinary shares | 656 | $78.45 | $51K |
| Sale | Class A ordinary shares | 144 | $79.23 | $11K |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares — 233,351 shares (Indirect, By BVI entity);
Class A ordinary shares — 9,073,908 shares (Direct)
Footnotes (1)
- The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on August 28, 2025. Represents the weighted average price of shares sold at prices that ranged from $77.99 to $78.97. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4. Represents the weighted average price of shares sold at prices that ranged from $78.99 to $79.55. Represents the weighted average price of shares sold at prices that ranged from $80.09 to $81.08. Represents the weighted average price of shares sold at prices that ranged from $81.09 to $81.92. Represents the weighted average price of shares sold at prices that ranged from $82.20 to $82.93.
Key Figures
Shares sold: 1,600 shares
Sale price range: $77.99–$82.93 per share
Indirect holdings after trades: 232,800 shares
+2 more
5 metrics
Shares sold
1,600 shares
Total Class A ordinary shares sold on March 30–31, 2026
Sale price range
$77.99–$82.93 per share
Weighted average price ranges cited in footnotes
Indirect holdings after trades
232,800 shares
Indirect Class A ordinary shares held by BVI entity after final sale
Direct holdings reported
9,073,908 shares
Direct Class A ordinary shares held after March 30, 2026 entry
Example sale price
$80.81 per share
Price for a 249-share open-market sale on March 31, 2026
Key Terms
Rule 10b5-1 trading plan, Class A ordinary shares, weighted average price, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"Represents the weighted average price of shares sold at prices that ranged"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"direct_or_indirect": "I","nature_of_ownership": "By BVI entity""