Wang Yanjun Files Form 4 for Sea Ltd.; No Transactions Disclosed

TL;DR

**Wang Yanjun filed a Form 4 for Sea Ltd. but it's just an administrative update, no trades reported.**

AI Summary

This Form 4 filing, dated March 24, 2026, indicates that Wang Yanjun, a reporting person for Sea Ltd. (CIK: 0001703399), has filed a statement of changes in beneficial ownership of securities. While the filing confirms Wang Yanjun's association with Sea Ltd. and provides contact details, it does not disclose any specific transactions (buys or sells) of Sea Ltd. shares. This matters to investors because Form 4s typically reveal insider trading activity, which can signal management's confidence (or lack thereof) in the company's future, but this particular filing is merely an initial or administrative report without transaction details.

Why It Matters

This filing confirms Wang Yanjun's reporting status for Sea Ltd. but lacks transaction details, meaning investors can't glean insights into insider buying or selling activity from this specific document.

Risk Assessment

Risk Level: low — This filing is administrative and does not report any transactions, thus posing no direct risk or opportunity.

Analyst Insight

Investors should note that this Form 4 is administrative and does not provide any actionable insight into insider trading activity for Sea Ltd. Further Form 4 filings would be needed to observe actual transactions.

Key Players & Entities

• Wang Yanjun (person) — Reporting Person for Sea Ltd.
• Sea Ltd. (company) — Issuer of securities
• 0001703399 (company) — CIK for Sea Ltd.
• 0002113214 (person) — CIK for Wang Yanjun
• 2026-03-24 (date) — Filing Date
• 2026-03-20 (date) — Period of Report

FAQ

Key Financial Figures

• $78.65 — shares sold at prices that ranged from $78.65 to $79.63. The reporting person hereby
• $79.63 — ld at prices that ranged from $78.65 to $79.63. The reporting person hereby undertakes
• $79.66 — shares sold at prices that ranged from $79.66 to $80.64. 4. Represents the weighted
• $80.64 — ld at prices that ranged from $79.66 to $80.64. 4. Represents the weighted average pr
• $80.70 — shares sold at prices that ranged from $80.70 to $81.03. 5. Represents the weighted
• $81.03 — ld at prices that ranged from $80.70 to $81.03. 5. Represents the weighted average pr
• $78.21 — shares sold at prices that ranged from $78.21 to $79.03. 6. Represents the weighted
• $79.03 — ld at prices that ranged from $78.21 to $79.03. 6. Represents the weighted average pr
• $79.59 — shares sold at prices that ranged from $79.59 to $80.20. 7. Represents the weighted
• $80.20 — ld at prices that ranged from $79.59 to $80.20. 7. Represents the weighted average pr
• $80.21 — shares sold at prices that ranged from $80.21 to $81.05. 8. Represents the weighted
• $81.05 — ld at prices that ranged from $80.21 to $81.05. 8. Represents the weighted average pr
• $81.23 — shares sold at prices that ranged from $81.23 to $81.28. /s/ Emily Tan, attorney-in-
• $81.28 — ld at prices that ranged from $81.23 to $81.28. /s/ Emily Tan, attorney-in-fact for Y

Filing Documents

• ownership.html (4)
• ownership.xml (4) — 14KB
• 0001193125-26-120584.txt ( ) — 16KB

From the Filing

SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5    Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). X Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * Wang Yanjun (Last) (First) (Middle) C/O 1 FUSIONOPOLIS PLACE, #17-10, GALAXIS (Street) SINGAPORE SINGAPORE 138522 (City) (State) (Zip) SINGAPORE (Country) 2. Issuer Name and Ticker or Trading Symbol Sea Ltd [ SE ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) CCO and GC 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/20/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class A ordinary shares 03/20/2026 S 380 (1) D $ 78.95 (2) 36,020 I By BVI entity Class A ordinary shares 03/20/2026 S 354 (1) D $ 80.14 (3) 35,666 I By BVI entity Class A ordinary shares 03/20/2026 S 66 (1) D $ 80.85 (4) 35,600 I By BVI entity Class A ordinary shares 03/23/2026 S 48 (1) D $ 78.61 (5) 35,552 I By BVI entity Class A ordinary shares 03/23/2026 S 420 (1) D $ 80.07 (6) 35,132 I By BVI entity Class A ordinary shares 03/23/2026 S 326 (1) D $ 80.38 (7) 34,806 I By BVI entity Class A ordinary shares 03/23/2026 S 6 (1) D $ 81.26 (8) 34,800 I By BVI entity Class A ordinary shares 1,220,976 D Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Explanation of Responses: 1. The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on September 4, 2025. 2. Represents the weighted average price of shares sold at prices that ranged from $78.65 to $79.63. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4. 3. Represents the weighted average price of shares sold at prices that ranged from $79.66 to $80.64. 4. Represents the weighted average price of shares sold at prices that ranged from $80.70 to $81.03. 5. Represents the weighted average price of shares sold at prices that ranged from $78.21 to $79.03. 6. Represents the weighted average price of shares sold at prices that ranged from $79.59 to $80.20. 7. Represents the weighted average price of shares sold at prices that ranged from $80.21 to $81.05. 8. Represents the weighted average price of shares sold at prices that ranged from $81.23 to $81.28. /s/ Emily Tan, attorney-in-fact for Yanjun Wang 03/24/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). ** Intentional misstatements or omission

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