Sea Ltd: President of Garena Zhao Feng sold 40,000 shares

What happened Zhao Feng, president of Garena, reported three disposals (code S) of Sea Ltd common stock on Oct 1, 2026: 17,391 shares at $94.43 for $1,642,232; 15,146 shares at $95.20 for $1,441,899; and 7,463 shares at $96.04 for $716,747. Total proceeds reported: $3,800,878.

Key details

• Transaction date(s) and price(s): Oct 1, 2026 — 17,391 @ $94.43; 15,146 @ $95.20; 7,463 @ $96.04. Filing reports sales (S).
• Shares owned after the transaction: not stated in the provided filing details.
• Footnotes: the shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the reporting person on Jun 29, 2026. The filing notes the reported prices are weighted averages covering price ranges ($93.76–$94.75; $94.76–$95.75; $95.76–$96.58) and offers to provide, upon request, the number of shares sold at each separate price within those ranges.
• Filing date and timeliness: filed Oct 5, 2026 (the filing date shown).

Why it may matter

• Transaction type: market/private sale (code S) as reported; not an option exercise or gift.
• This filing does not show why the insider traded or why the company acted.