Sea Limited COO Gang Ye Sells $5.9 Million Worth of Shares
Gang Ye, Chief Operating Officer (COO) of Sea Limited (SE), sold 50,000 Class A ordinary shares at a weighted average price of $118.70 per share for approximately $5.9 million, as disclosed in an SEC Form 4 filing. The transaction was executed under a Rule 10b5-1 trading plan established by a British Virgin Islands entity controlled by Ye on September 4, 2025. The sale represents about 15% of the shares held indirectly through this entity but is relatively small compared to his overall stake. After the transaction, Gang Ye still holds over 21 million shares directly and an additional 290,000 shares indirectly, with a combined beneficial ownership value exceeding $2.5 billion. While insider sales can raise concerns among investors, this particular sale appears part of a pre-scheduled trading plan rather than a reaction to market conditions or company performance. The stock had declined by over one-third in the past year as of August 18, 2026.
Tickers: $SE
Topics: insider selling Sea Limited SEC filing