Sea Limited COO Gang Ye Sells $5.9 Million Worth of Shares
Gang Ye, Chief Operating Officer (COO) of Sea Limited (NYSE:SE), sold 50,000 Class A ordinary shares for approximately $5.9 million through a pre-scheduled Rule 10b5-1 trading plan. The transaction was executed over two days with an average price per share of $118.70 and is part of Ye's broader investment strategy rather than a reaction to market conditions. Following the sale, Gang Ye still holds more than 21 million shares directly and owns additional shares indirectly through a British Virgin Islands entity, maintaining a total beneficial ownership valued at around $2.5 billion as of August 18, 2026. The transaction represents only about 15% of his indirect holdings. Sea Limited remains a major player in digital entertainment, e-commerce, and fintech with a market capitalization of $69.8 billion and trailing twelve months (TTM) revenue of $27.7 billion.
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