Zhao Feng 4

What Happened

• Zhao Feng, President of Garena (a Sea Ltd business), was granted 1,866 shares on 2026-03-31. The grant is reported as an acquisition (transaction code A) at an effective price of $85.74 per share, for a total reported value of $159,991.
• This was an award/grant (compensation-related acquisition), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-31; filing date (Form 4): 2026-04-02 (Accession: 0001193125-26-138848).
• Price reported: $85.74 per share; total value: $159,991.
• Shares acquired: 1,866.
• Post-transaction holdings: not specified in the provided filing summary — check the full Form 4 for total holdings after this grant.
• Transaction code: A (award/grant). No 10b5-1 plan, tax withholding, or late-filing flag noted in the provided excerpt.

Context

• Grants like this are typically part of executive compensation and often subject to vesting; they do not necessarily signal an immediate market view by the insider.
• For investors, direct open-market purchases are usually a stronger signal of personal conviction than compensation awards; consider checking Sea’s broader insider activity and the full Form 4 for vesting or restriction details.