Sea Ltd (NYSE: SE) director unloads 20,000 shares in August sale
Rhea-AI Filing Summary
Sea Ltd director Heng Chen Seng reported open-market sales of 20,000 Class A ordinary shares on 2026-08-14. The sales were executed in three tranches: 19,138 shares at a weighted average price of $122.26 (with individual prices ranging from $122.00 to $122.99), 764 shares at a weighted average price of $123.29 (with prices from $123.02 to $123.56), and 98 shares at $124.08 per share. All transactions were in non-derivative shares held directly. The filing does not state the director’s share balance after these transactions.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 20,000 shares
Net Sell
3 txns
Insider
Heng Chen Seng
Role
Director
Sold
20,000 shs ($2.45M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A ordinary shares F1 | 19,138 | $122.26 | $2.34M |
| Sale | Class A ordinary shares F2 | 764 | $123.29 | $94K |
| Sale | Class A ordinary shares | 98 | $124.08 | $12K |
Holdings After Transaction:
Class A ordinary shares — 164,904 shares (Direct)
Footnotes (2)
- F1. Represents the weighted average price of shares sold at prices that ranged from $122.00 to $122.99. 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 within the ranges set forth in this Form 4.
- F2. Represents the weighted average price of shares sold at prices that ranged from $123.02 to $123.56.
Key Figures
Total shares sold: 20,000 shares
First tranche sale: 19,138 shares at $122.26
Second tranche sale: 764 shares at $123.29
+2 more
5 metrics
Total shares sold
20,000 shares
Aggregate non-derivative Class A ordinary shares sold on 2026-08-14
First tranche sale
19,138 shares at $122.26
Weighted average price; individual prices from $122.00 to $122.99
Second tranche sale
764 shares at $123.29
Weighted average price; individual prices from $123.02 to $123.56
Third tranche sale
98 shares at $124.08
Open-market sale of Class A ordinary shares
Net buy/sell direction
20,000 shares net sold
transactionSummary netBuySellShares and netBuySellDirection
Key Terms
Class A ordinary shares, weighted average price, open market or private transaction
3 terms
weighted average price financial
"Represents the weighted average price of shares sold at prices"
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.
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
What did Sea Ltd (SE) director Heng Chen Seng report in this Form 4?
The Form 4 reports that Heng Chen Seng sold 20,000 Class A ordinary shares of Sea Ltd on 2026-08-14 in three open-market transactions at prices around $122–$124 per share.
Were the Sea Ltd (SE) Form 4 sales by Heng Chen Seng made under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as an affirmative 10b5-1 plan. The footnotes describe weighted average prices but do not state that the transactions were executed under a trading plan.
Does the Form 4 disclose Heng Chen Seng’s remaining Sea Ltd (SE) holdings after the sale?
The reported transactions list no post-transaction share balance. The total_shares_following_transaction field is blank for each line, so remaining holdings are not specified in this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.