Sea Limited COO Gang Ye Sells $4.2 Million in Shares
Gang Ye, the Chief Operating Officer of Sea Limited (SE), sold approximately $4.2 million worth of shares through a pre-arranged Rule 10b5-1 trading plan. The transaction involved selling 40,000 Class A ordinary shares at an average price of $103.97 per share. This structured sale is intended to manage liquidity and diversification rather than being based on insider information. Following the transactions, Gang Ye still holds a significant stake in Sea Limited with around 21 million shares valued at approximately $2.18 billion as of September 16, 2026. The company reported trailing twelve-month revenue of $27.7 billion and net income of $1.6 billion. Sea Limited operates across digital entertainment, e-commerce, and financial services in emerging markets like Southeast Asia and Latin America. Despite the recent share price decline by 45% over a year, analysts suggest that this insider sale should not raise concerns for investors due to its pre-planned nature.
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