Sea Limited CCO and GC Yanjun Wang Sells Shares via Rule 10b5-1 Plan
Yanjun Wang, Chief Compliance Officer and General Counsel of Sea Limited (NYSE: SE), sold 3,000 Class A ordinary shares at $112.88 per share through a pre-established trading plan under SEC Rule 10b5-1. The transaction was non-discretionary and executed via a BVI entity on March 26, 2026 — close to the stock's 52-week low. Wang still holds approximately 1.1 million shares directly and an additional 12,600 indirectly through the same vehicle. Sea Limited has shown strong performance in its three core segments: digital entertainment (Garena), e-commerce, and fintech services. The company reported a trailing twelve-month revenue of $27.7 billion with net income of $1.7 billion as of September 3, 2026. Despite the recent one-year return for Sea Limited shares being -38%, earnings reports indicate growth across all business segments. The sale appears to be part of routine portfolio management rather than a sign of declining confidence in the company's prospects.
Tickers: $SE
Topics: insider trading Sea Limited SEC filing