Wang Yanjun sold $355K of SE (indirect holdings)
Wang Yanjun (CCO and GC) sold 3,000 indirectly-held shares of Sea Ltd (SE) at an average of $118.26 ($115.46–$121.21, $0.35M total) across 7 trades over 2026-08-17 to 2026-08-18 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
Insider sale of $355K via pre‑arranged plan; modest size relative to total shares.
Market read
Primary insider transaction; limited trading relevance but may influence short‑term sentiment.
What to watch
Recent strong earnings and growth in Sea's gaming and e-commerce divisions could offset sell pressure.
Background
Sea Ltd (SE) is a Singapore‑based e‑commerce and digital entertainment platform listed on NYSE.
Ticker impact
Form 4 filing shows CCO Wang Yanjun sold 3,000 shares (~$355K) via a 10b5‑1 plan.
Modest downside pressure; expect 1‑2% dip if market reacts.
Sale size is modest relative to holdings and market cap; impact likely limited but negative sentiment.
Market effects
Minimal; reflects typical insider activity in the internet services sector.
Limited to Asian markets where Sea operates, no broad regional effect.
Low; does not affect global indices or sector trends.
Counterpoint
The sale may be routine under a 10b5‑1 plan and not indicative of future performance.
Key entities
- OfficerWang Yanjun
Chief Commercial Officer and General Counsel of Sea Ltd.


