Sea Ltd (SE) CFO Hou Tianyu Sells ~$2.4M of Shares

What Happened
Hou Tianyu, Chief Financial Officer of Sea Ltd (SE), disposed of 20,000 shares on August 17, 2026 in three open-market sales: 14,289 shares at $119.78 ($1,711,536), 5,611 shares at $120.41 ($675,621), and 100 shares at $121.24 ($12,124), totaling approximately $2,399,281. These transactions are sales (code S) and not purchases.

Key Details

• Transaction date: 2026-08-17 (filed 2026-08-19; filing appears timely within the two-business-day window).
• Sale breakdown: 14,289 @ $119.78 ($1,711,536); 5,611 @ $120.41 ($675,621); 100 @ $121.24 ($12,124). Total: 20,000 shares for ~$2.399M.
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnotes:
  • F1 — Sales were made pursuant to a Rule 10b5‑1 trading plan adopted March 19, 2026 by a BVI entity controlled by the reporting person.
  • F2–F4 — Portions of the sales were executed at multiple prices within the ranges $119.16–$120.155, $120.16–$121.05, and $121.19–$121.24; weighted-average prices reported and the filer offers to provide per-price breakdown on request.

Context
A Rule 10b5‑1 plan allows insiders to pre-schedule trades and is commonly used to avoid allegations of trading on nonpublic information; sales under such plans are often routine rather than a real-time signal about the insider’s view of the company. For retail investors, purchases by insiders are often more informative of bullish conviction than planned sales; these filings are factual disclosures and do not prove a change in the insider’s opinion.