Ye Gang sold $4.2M of SE (indirect holdings)
Ye Gang (COO) sold 40,000 indirectly-held shares of Sea Ltd (SE) at an average of $106.11 ($104.53–$107.39, $4.24M total) across 6 trades over 2026-07-30 to 2026-07-31 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The newest disclosed fact is the specific sale size ($4.24M), share count (40,000), price range ($104.53 to $107.39), and post-transaction holdings (120,000 shares).
Market read
Traders may briefly reassess sentiment around SE due to insider selling, but the 10b5-1 framing typically reduces informational content.
What to watch
Check whether other insiders also sold around the same window or whether the remaining holdings meaningfully changed; the article does not provide broader insider activity context.
Background
The article is an SEC Form 4 insider transaction disclosure for Sea Ltd, reported by COO Ye Gang, with a stated pre-arranged Rule 10b5-1 plan.
Ticker impact
Sea Ltd COO Ye Gang sold $4.24M of SE shares via a 10b5-1 plan across 6 trades at $104.53 to $107.39.
Likely limited, short-lived impact unless follow-on selling or unusual pattern emerges.
The filing is a Form 4 insider transaction with a pre-arranged 10b5-1 plan; such sales are often scheduled and not necessarily information-bearing.
Market effects
Minimal, as this is company-specific insider selling with no sector-wide signal.
Minimal, no regional policy or macro linkage stated.
Minimal, no international deal, regulation, or operational change described.
Counterpoint
Because the sale is indirect and 10b5-1 planned, it may be misread as bearish; traders may ignore it unless there is evidence of accelerated selling beyond the plan.
Key entities
- issuerSea Ltd
Subject of the Form 4 insider transaction disclosure.
- insiderYe Gang
COO and officer/director who executed the sale under a 10b5-1 plan.


