These sales are too small relative to market cap to warrant a trading response. Monitor for any material increase in insider selling volume (e.g., >0.5% of market cap) or a change in pattern (e.g., CEO selling). The next catalyst to watch is Sea Ltd's Q3 2026 earnings release.
Price Chart
Executive Summary
Two C-suite insiders at Sea Ltd (COO Ye Gang and CCO/GC Wang Yanjun) sold a combined ~$7.3M in open-market sales over a 5-day window (Aug 6-10, 2026). The COO accounted for ~$6.8M of the total. At an $80.5B market cap, the total sales represent ~0.009% of market cap — well below the 0.1% triviality threshold. These are routine, proportionally insignificant sales that carry no informational signal per the insider-selling literature, especially given the likely shared blackout-window opening post-Q2 earnings. The filing is neutral with minimal trading relevance.
Key Financial Metrics
Key Facts
- COO Ye Gang sold ~$6.8M in open-market sales across Aug 6-10, 2026
- CCO/GC Wang Yanjun sold ~$508K in open-market sales across the same window
- Total cluster value of ~$7.3M represents ~0.009% of Sea Ltd's $80.5B market cap
- All trades were open-market sales (code S) — no buys in the cluster
- Sales are proportionally trivial and likely driven by liquidity/vesting, not information
Financial Impact
Total insider sales of ~$7.3M represent ~0.009% of market cap — economically trivial
Risk Factors
- Insider selling could accelerate if Q3 results disappoint
- No buys in the cluster — lack of insider conviction buying is a mild negative signal at the margin
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SE-1786526116531 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | Insider Cluster | $102.65 $105.24 | ▲ +2.52% | ▲ +2.19% | $96.25 (−6.23%) |
Sep 11, 2026 21d ago | Insider Cluster | $106.24 $108.68 | ▼ −2.30% | ▼ −2.74% | $96.25 (+9.40%) |
Sep 4, 2026 28d ago | Insider Cluster | $112.09 $113.33 | ▲ +1.11% | ▲ +1.66% | $96.25 (−14.13%) |
Sep 2, 2026 4w ago | Insider Cluster | $112.81 $113.10 | ▲ +0.26% | ▼ −0.79% | $96.25 (−14.68%) |
Sep 1, 2026 4w ago | Insider Cluster | $112.65 $112.81 | ▲ +0.14% | ▼ −0.30% | $96.25 (−14.56%) |
Aug 27, 2026 5w ago | Insider Cluster | $118.32 $119.36 | ▲ +0.88% | ▲ +1.11% | $96.25 (−18.65%) |
Aug 25, 2026 5w ago | 6-K | $123.18 $119.12 | ▼ −3.30% | ▼ −3.32% | $96.25 (−21.86%) |
Aug 25, 2026 5w ago | Insider Cluster | $123.18 $119.12 | ▼ −3.30% | ▼ −3.32% | $96.25 (−21.86%) |
Aug 21, 2026 6w ago | Insider Cluster | $117.53 $115.68 | ▼ −1.57% | ▼ −1.28% | $96.25 (−18.11%) |
Aug 20, 2026 6w ago | Insider Cluster | $117.24 $117.53 | ▼ −0.25% | ▲ +0.16% | $96.25 (+17.90%) |
US Market Status
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