Sea Ltd (SE) President Feng Zhimin Sells 18,872 Shares

What Happened
Feng Zhimin, President of Sea Ltd (ticker: SE), sold a total of 18,872 shares in open-market transactions on August 25–26, 2026 for aggregate proceeds of approximately $2,302,208. The individual trades reported were:

• 3,080 shares @ $120.50 = $371,140 (Aug 25)
• 3,027 shares @ $121.65 = $368,235 (Aug 25)
• 2,698 shares @ $122.66 = $330,937 (Aug 25)
• 6,195 shares @ $123.33 = $764,029 (Aug 25)
• 2,257 shares @ $120.55 = $272,081 (Aug 26)
• 1,615 shares @ $121.23 = $195,786 (Aug 26)
  These were sales (S) — routine dispositions of stock rather than purchases.

Key Details

• Transaction dates: August 25–26, 2026; Form 4 filed Aug 27, 2026 (Accession No. 0001193125-26-369446).
• Total shares sold: 18,872; total proceeds: ~$2.30 million.
• Price notes: report includes weighted-average price groupings with ranges for the trades (prices reported individually above). The filing’s footnotes state the shares were sold at prices ranging roughly from $120.00 to $123.68 across the transactions; more detailed per-price counts are available on request per the footnotes.
• 10b5-1 plan: Sales were made pursuant to a Rule 10b5-1 plan adopted March 26, 2026 by a BVI entity controlled by the reporting person (footnote).
• Shares owned after transaction: Not provided in the data you supplied (noted as unavailable).
• Timeliness: Filing was made two days after the first reported trades (filed Aug 27 for trades on Aug 25–26), consistent with routine reporting timelines.

Context
Sales executed under a pre-established 10b5-1 trading plan are generally planned in advance and do not necessarily signal a change in the insider’s view of the company. This report documents only the disposals; it does not reveal the reporting person’s motivations.