4Filed Aug 30, 8:00 PM ET

Sea Ltd (SE) President Feng Zhimin Sells 4,116 Shares

$SE · Sea Ltd

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Sea Ltd (SE) President Feng Zhimin Sells 4,116 Shares

What Happened
Feng Zhimin, President of Sea Ltd (SE), sold 4,116 ordinary shares on August 28, 2026, disposing of the stake for a weighted average price of $120.45 per share, for total proceeds of approximately $495,772. This was a sale (not a purchase); such sales are often routine insider liquidity transactions.

Key Details

  • Transaction date: 2026-08-28
  • Price: weighted average $120.45; prices ranged from $120.00 to $120.75 (report notes full breakouts available on request)
  • Shares sold: 4,116; total proceeds ≈ $495,772
  • Shares owned after transaction: not specified in this filing
  • Filing date: 2026-08-31 — filed within the normal SEC reporting window for Form 4s
  • Notable footnotes:
    • 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: The weighted average reflects sales at prices between $120.00 and $120.75; the filer will provide per-price sale counts on request.

Context
A Rule 10b5-1 plan lets insiders pre-set trades so transactions occur regardless of later material nonpublic information; sales under these plans are generally considered pre-planned rather than directional signals. No options, gifts, or tax-withholding events were reported in this transaction.