Sea Ltd (SE) CFO Hou Tianyu Sells Shares

What Happened

• Hou Tianyu, Chief Financial Officer of Sea Ltd (SE), sold a total of 15,000 shares in open‑market transactions on September 17, 2026, generating approximately $1,524,301. The sales break down as: 8,010 shares at $101.26 ($811,093), 6,320 shares at $101.85 ($643,692), 360 shares at $102.89 ($37,040), and 310 shares at $104.76 ($32,476). These were outright sales (S), not purchases or option exercises.

Key Details

• Transaction date: September 17, 2026 (all lots).
• Prices and amounts: 8,010 @ $101.26; 6,320 @ $101.85; 360 @ $102.89; 310 @ $104.76 (total ≈ $1.524M).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes: Sales were made pursuant to a Rule 10b5‑1 trading plan adopted by a BVI entity controlled by the reporting person on March 19, 2026 (F1). Other footnotes (F2–F4) indicate some reported prices are weighted averages across small price ranges ($100.63–$103.16); the filer can provide a per‑price breakdown on request.
• Filing timeliness: Form 4 was filed on Sept 21, 2026 (reporting period 9/17/2026); this filing falls within the typical two business‑day window and is therefore timely.

Context

• These were pre‑arranged sales under a 10b5‑1 plan, which are commonly used by insiders to sell shares on a scheduled basis and are generally treated as routine rather than a direct statement of the insider’s view. For retail investors, purchases often carry clearer signals than routine sales; this filing documents a planned disposition totaling about $1.52M.