Wang Yanjun, Chief Compliance Officer and General Counsel of Sea Ltd, filed a Form 4 on November 4, 2026, disclosing five sales of Class A ordinary shares on November 2 and 3, 2026, executed through a BVI entity under a Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person: Wang Yanjun, CCO and General Counsel of Sea Ltd (NYSE:SE)
  • Shares sold: A combined 1,600 Class A ordinary shares across five transactions on November 2 and 3, 2026
  • Price range: Weighted average sale prices ranged from $75.84 to $77.39 per share across individual transactions
  • Remaining indirect holdings: 67,980 Class A ordinary shares held indirectly through a BVI entity following the reported transactions
  • Direct holdings: 1,333,642 Class A ordinary shares held directly, as reported in Table I
  • Trading plan: All sales were made pursuant to a Rule 10b5-1 trading plan adopted by the BVI entity on March 26, 2026

Wang Yanjun's November 2026 Share Sales via 10b5-1 Plan

According to the filing, Wang Yanjun disposed of Class A ordinary shares of Sea Ltd across five separate transactions on November 2 and 3, 2026. The filing states that all shares 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 sales were executed indirectly through that BVI entity.

On November 2, 2026, three transactions were reported: 243 shares at a weighted average price of $75.84 (ranging from $75.21 to $76.20), 185 shares at a weighted average price of $76.81 (ranging from $76.22 to $77.21), and 372 shares at a weighted average price of $77.39 (ranging from $77.22 to $77.75). On November 3, 2026, two additional transactions were reported: 376 shares at a weighted average of $76.18 (ranging from $75.43 to $76.42), and 424 shares at a weighted average of $76.61 (ranging from $76.44 to $76.81). The filing notes that full information on shares sold at each separate price within those ranges will be provided upon request to the SEC staff, the issuer, or a security holder.

Following all reported transactions, the filing shows Wang Yanjun's indirect beneficial ownership through the BVI entity stood at 67,980 Class A ordinary shares. Separately, the filing lists 1,333,642 Class A ordinary shares held directly by the reporting person. The Form 4 was signed by Emily Tan as attorney-in-fact for Yanjun Wang and filed on November 4, 2026.

What Was Disclosed

Wang Yanjun, CCO and General Counsel of Sea Ltd (NYSE:SE), reported five sales totaling 1,600 Class A ordinary shares on November 2 and 3, 2026, through a BVI entity under a 10b5-1 plan, leaving 67,980 shares held indirectly and 1,333,642 shares held directly.