From Yahoo Finance · · 1m 20s
Sea Limited COO Sells $4.2 Million Shares
Sea Limited COO Gang Ye sold 40,000 shares worth $4.2 million in a Rule 10b5-1 transaction.
In brief
Sea Limited COO Gang Ye sold 40,000 shares worth $4.2 million in a Rule 10b5-1 transaction. Sea Limited COO Gang Ye sold 40,000 Class A shares valued at $4.2 million under a pre-planned trading schedule. Originally reported by Yahoo Finance.
Transaction Details
Sea Limited COO Gang Ye sold 40,000 Class A ordinary shares valued at approximately $4.2 million in a SEC Form 4 filing.
Post-Transaction Holdings
Gang Ye holds 21,035,197 shares total, with 20,396,405 directly and 638,792 indirectly through a BVI entity.
Transaction Structure
The sale occurred under a Rule 10b5-1 trading plan to manage portfolio diversification or liquidity needs.
Share Value Context
Gang Ye's stake represents a $2.18 billion market value as of September 16, 2026, after a 45% share price decline over 12 months.
Company Financials
Sea Limited reported $27.7 billion revenue and $1.6 billion net income with 102,700 employees and a $58.7 billion market cap.
Business Segments
Sea Limited operates digital entertainment through Garena, e-commerce, and digital financial services across Southeast Asia, Latin America, and Asian markets.
Investor Impact
The transaction represents 0.19% of Gang Ye's shares, with no immediate concerns for investors given his continued bullish stance on Sea Limited.
The main idea
Sea Limited COO Gang Ye sold 40,000 Class A shares valued at $4.2 million under a pre-planned trading schedule.
