Sea Ltd (SE) Garena President Zhao Feng Sells 2,000 Shares

What Happened
Zhao Feng, President of Garena (a Sea Ltd business unit), sold 2,000 Sea Ltd (SE) shares in an open-market transaction on August 17, 2026. The weighted-average sale price was $120.16, for total proceeds of approximately $240,320. This was a sale (routine disposition), not a purchase or exercise.

Key Details

• Transaction date: 2026-08-17; Filing date: 2026-08-19 (appears timely under Form 4 rules).
• Price: weighted average $120.16; reported price range $120.15–$120.26.
• Shares sold: 2,000; proceeds ≈ $240,320.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: Sale executed under a Rule 10b5-1 trading plan adopted Dec 26, 2025 by a BVI entity controlled by the reporting person. The filer can provide a per-price breakdown on request.

Context
10b5-1 plans are pre-arranged trading programs that allow insiders to sell shares on a set schedule; such sales are often routine and reduce the inference of trading on non-public information. Sales are generally less informative about future company prospects than insider purchases; this single, modest-sized sale (~$240k) should be viewed in that context.