Ye Gang, chief operating officer of Sea Limited (SE), has filed 452 Form 4 transactions over his tenure, all in a single company. The pattern is one-sided: he has never recorded an open-market purchase. His total sell value stands at $193.7 million, against $159,990 in shares acquired, which came through compensation grants or option exercises rather than cash buys.
The recent activity is concentrated and heavy. Between September 9 and September 18, 2026, Gang filed 25 open-market sales of SE stock. The daily values vary widely, from a low of $21,580 on September 17 to a high of $1.78 million on September 18. Several days show multiple transactions: September 14 alone had five sales totaling roughly $1.96 million, and September 17 had four sales adding up to about $2.04 million. The largest single transaction in the window was the $1.78 million sale on September 18, followed by a $1.73 million sale on September 10 and a $1.16 million sale on September 16.
The aggregate for the ten trading days comes to roughly $14.6 million in sales. There are no purchases, no gifts, and no tax-withholding events in this stretch. The selling is consistent with his historical record: every Form 4 transaction with a direction has been a sale, and the recent cluster continues that trajectory. The absence of any buy-side activity, in this period or across his full filing history, leaves the bias unambiguous.
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