Sea president Feng sells 4,116 shares at $120
Rhea-AI Filing Summary
Sea Ltd (SE) reported that President Feng Zhimin, through a BVI entity he controls, sold 4,116 Class A ordinary shares on 2026-08-28 in open-market or private transactions under a Rule 10b5-1 trading plan. The weighted-average sale price was about $120.45 per share, with prices ranging from $120.00 to $120.75. After this sale, the BVI entity held 208,291 shares indirectly, and Feng Zhimin also held 1,003,969 shares directly.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 4,116 shares
Net Sell
2 txns
Insider
Feng Zhimin
Role
President
Sold
4,116 shs ($496K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A ordinary shares F1, F2 | 4,116 | $120.45 | $496K |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares — 208,291 shares (Indirect, By BVI entity);
Class A ordinary shares — 1,003,969 shares (Direct)
Footnotes (2)
- F1. The 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. Represents the weighted average price of shares sold at prices that ranged from $120.00 to $120.75. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
Key Figures
Shares sold: 4,116 Class A ordinary shares
Weighted average sale price: $120.45 per share
Price range for sales: $120.00–$120.75 per share
+3 more
6 metrics
Shares sold
4,116 Class A ordinary shares
Sale on 2026-08-28 by BVI entity controlled by President Feng Zhimin
Weighted average sale price
$120.45 per share
Shares sold at prices ranging from $120.00 to $120.75
Price range for sales
$120.00–$120.75 per share
Range of prices for the 4,116 shares sold
Indirect holdings after transaction
208,291 Class A ordinary shares
Held by BVI entity controlled by President Feng Zhimin after sale
Direct holdings after transaction
1,003,969 Class A ordinary shares
Direct ownership of President Feng Zhimin following reported transactions
Rule 10b5-1 plan adoption date
March 26, 2026
Plan adopted by BVI entity controlled by the reporting person
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A ordinary shares, indirect
4 terms
Rule 10b5-1 trading plan regulatory
"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"Represents the weighted average price of shares sold at prices that"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect financial
"ownership_type: indirect; nature_of_ownership: By BVI entity"
FAQ
What insider transaction did Sea Ltd (SE) disclose for President Feng Zhimin?
Sea Ltd disclosed that President Feng Zhimin, via a controlled BVI entity, sold 4,116 Class A ordinary shares on 2026-08-28 in open-market or private transactions under a Rule 10b5-1 trading plan.
Was the Sea Ltd (SE) insider sale made under a Rule 10b5-1 plan?
Yes. The sale of 4,116 shares was made under a Rule 10b5-1 trading plan adopted by a BVI entity controlled by President Feng Zhimin on March 26, 2026, and the Form 4’s Rule 10b5-1 checkbox is marked as affirmed.
What type of security was involved in the Sea Ltd (SE) insider transaction?
The transaction involved Class A ordinary shares of Sea Ltd. The sale covered 4,116 shares at a weighted average price of $120.45 per share under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.