Sea Ltd (SE) President Feng Zhimin Sells Shares

What Happened

• Feng Zhimin, President of Sea Ltd (ticker: SE), sold a total of 8,423 shares on 2026-08-17 in two dispositions. He sold 7,856 shares at $120.23 each for $944,527 and 567 shares at $121.10 each for $68,664, totaling approximately $1,013,191. These were sales (not purchases).

Key Details

• Transaction date: 2026-08-17; Form filed: 2026-08-19 (timely filing).
• Prices and amounts: 7,856 shares @ $120.23 = $944,527; 567 shares @ $121.10 = $68,664; total ≈ $1,013,191.
• Footnotes of note:
  • F1: Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the reporting person on March 26, 2026.
  • F2/F3: Filing reports weighted-average prices and price ranges for portions of the sales; full breakdown by price is available upon request as noted in the filing.
• Shares owned after the transaction: not specified in the information provided in this summary (see the Form 4 for ending holdings).

Context

• These sales were made under a Rule 10b5-1 plan, which is a prearranged trading program that allows insiders to sell shares on a scheduled basis; such sales are commonly routine and do not, by themselves, indicate a change in personal view of the company.
• This was a disposal (sale) rather than a purchase or option exercise; purchases generally carry more direct bullish signal for retail investors, while scheduled sales are often for diversification or liquidity.