This insider selling cluster is too small to be informative — monitor for any upcoming earnings or material corporate events that could trigger larger insider activity, but no immediate action warranted.
Price Chart
Executive Summary
COO Ye Gang and CCO/GC Wang Yanjun sold a combined ~$1.66M in open-market sales over a 7-day window, with the COO accounting for the vast majority ($1.6M). At a $65.4B market cap, the total represents ~0.0025% — well below the 0.1% proportionality threshold, making this a trivial, routine cluster. No 10b5-1 pattern is evident from the irregular sizes and dates, but the dollar amounts are immaterial relative to company size. The cluster is not informative per the academic literature (cluster sells are weak predictors, especially at this scale).
Key Financial Metrics
Key Facts
- COO Ye Gang sold ~$1.6M in open-market sales across 7 trades from July 29-31, 2026
- CCO/GC Wang Yanjun sold ~$57K in open-market sales across 8 trades from July 29-31, 2026
- Total cluster value of ~$1.66M represents ~0.0025% of Sea Ltd's $65.4B market cap
- No 10b5-1 plan pattern detected — irregular trade sizes and dates
- Prior 30-day insider activity shows 10 sells totaling $4.3M, consistent with routine portfolio management
Financial Impact
~$1.66M in insider sales, immaterial relative to $65.4B market cap
Risk Factors
- Insider selling could accelerate if management perceives headwinds ahead of Q3 2026 earnings
- COO selling ~$1.6M may reflect personal liquidity needs rather than bearish view
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-1785814405737 |
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
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access