Sea Ltd (NYSE: SE) president offloads 298 shares under 10b5-1 plan
Rhea-AI Filing Summary
Sea Ltd (SE) reported that President Feng Zhimin, through an indirectly controlled BVI entity, executed a sale of 298 Class A ordinary shares on August 19, 2026 at $120.00 per share, pursuant to a Rule 10b5-1 trading plan adopted by that BVI entity.
Following this transaction, the BVI entity associated with the reporting person held 231,279 Class A ordinary shares indirectly, and the reporting person also held 1,003,969 Class A ordinary shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 298 shares
Net Sell
2 txns
Insider
Feng Zhimin
Role
President
Sold
298 shs ($36K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A ordinary shares F1 | 298 | $120.00 | $36K |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares — 231,279 shares (Indirect, By BVI entity);
Class A ordinary shares — 1,003,969 shares (Direct)
Footnotes (1)
- 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.
Key Figures
Shares sold: 298 Class A ordinary shares
Sale price per share: $120.00 per share
Indirect holdings after transaction: 231,279 Class A ordinary shares
+3 more
6 metrics
Shares sold
298 Class A ordinary shares
Non-derivative sale on August 19, 2026
Sale price per share
$120.00 per share
Price for 298 Class A ordinary shares sold on August 19, 2026
Indirect holdings after transaction
231,279 Class A ordinary shares
Indirectly held by BVI entity controlled by reporting person after sale
Direct holdings after date
1,003,969 Class A ordinary shares
Directly held by reporting person as of after August 19, 2026
Net shares sold (Form 4 summary)
298 shares
Net buy/sell shares reported as net-sell in transaction summary
Rule 10b5-1 plan adoption date
March 26, 2026
Date BVI entity controlled by reporting person adopted the trading plan
Key Terms
Rule 10b5-1 trading plan, indirect ownership, Class A ordinary shares, BVI entity
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.
indirect ownership financial
"ownership of the sold shares is reported as indirect, noted as By BVI entity"
BVI entity financial
"a Rule 10b5-1 trading plan adopted by a BVI entity controlled"
FAQ
What insider transaction did Sea Ltd (SE) report for Feng Zhimin?
Sea Ltd reported that President Feng Zhimin, via a controlled BVI entity, sold 298 Class A ordinary shares on August 19, 2026 at $120.00 per share, with the transaction coded as a sale of non-derivative securities.
Was the August 19, 2026 SE insider sale under a Rule 10b5-1 plan?
Yes. The filing states the 298-share sale was made pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the reporting person on March 26, 2026, and the Rule 10b5-1 checkbox for the filing is affirmed.
What type of security was involved in the Sea Ltd (SE) insider transaction?
The transaction involved Class A ordinary shares of Sea Ltd, reported as a non-derivative security. The sale covered 298 shares at a reported price of $120.00 per share on August 19, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.