Research Summary
AI-generated summary of this SEC filing
Sea Ltd (SE) Director KUOK Khoon Hua Sells Shares
What Happened
- KUOK Khoon Hua, a director of Sea Ltd (SE), sold a total of 17,395 Sea shares on August 18, 2026, in open-market/private transactions for aggregate proceeds of about $2,018,306. The disposition breaks down as: 8,698 shares at $115.27 ($1,002,653), 6,879 shares at $116.61 ($802,195), 1,716 shares at $117.38 ($201,419), and 102 shares at $118.03 ($12,039). These were sales (not purchases), which are typically routine dispositions and do not by themselves indicate insider bullishness.
Key Details
- Transaction date: 2026-08-18; Form 4 filed: 2026-08-20 (appears timely within the usual 2-business-day window).
- Prices/ranges: reported weighted averages and ranges — $115.27 (range $115.130–$115.420; F1), $116.61 (range $116.130–$116.986; F2), $117.38 (range $117.030–$117.940; F3); filing notes availability of per-price breakdown on request.
- Shares sold: 17,395 total across four dispositions; total proceeds ≈ $2.02M.
- Shares owned after transaction: Not reported in the data you provided.
- Ownership notes: Some securities involved are held by entities — Macromind Investments Limited and Velmar Company Limited (wholly owned by Kerry Group Limited) and Always Best International Limited (an investment company of a discretionary trust). Mr. Kuok is a director/minority shareholder of Kerry Group and a discretionary beneficiary of the trust; he disclaims beneficial ownership of those securities for other purposes (F4, F5).
- Filing code/notes: Transactions marked as sales (S); no 10b5-1, tax-withholding, exercise, or award codes reported in the provided details.
Context
- Sales by insiders are common for liquidity, portfolio or tax reasons; they are less informative than purchases when trying to gauge insider sentiment. No options exercise, gift, or other derivative activity was reported here — only disposals. If you need the per-price breakdown within the reported ranges or the post-transaction holdings, those can be requested from the filer or retrieved from the full SEC filing.