Sea Ltd president sells 298 shares at $120

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.

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.

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)

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"

Class A ordinary shares financial

"The transaction involved Class A ordinary shares of Sea Ltd"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

BVI entity financial

"a Rule 10b5-1 trading plan adopted by a BVI entity controlled"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Sea Ltd (SE) shares does Feng Zhimin hold indirectly after the transaction?

After the reported sale, the BVI entity associated with the reporting person held 231,279 Class A ordinary shares of Sea Ltd indirectly, as stated in the post-transaction holdings information for the indirect ownership entry.

What is Feng Zhimin’s direct shareholding in Sea Ltd (SE) after the filing date?

The filing lists a separate direct ownership line showing that 1,003,969 Class A ordinary shares are held directly by the reporting person after the August 19, 2026 date, in addition to the indirect holdings through the BVI entity.

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.

Who legally executed the sale of Sea Ltd (SE) shares reported for Feng Zhimin?

The filing explains that the 298-share sale was executed by a BVI entity controlled by the reporting person. The ownership of these shares is reported as indirect, held "By BVI entity" on behalf of the reporting person.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/21/2026 - 06:18 AM EDT Accepted by SEC EDGAR 08/21/2026 - 06:18 AM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Feng Zhimin

(Last) (First) (Middle)

C/O 1 FUSIONOPOLIS PLACE,

#17-10, GALAXIS

(Street)

SINGAPORE 138522

(City) (State) (Zip)

SINGAPORE

(Country)

2. Issuer Name and Ticker or Trading Symbol
Sea Ltd [ SE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A ordinary shares	08/19/2026		S		298(1)	D	$120	231,279	I	By BVI entity
Class A ordinary shares								1,003,969	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

	/s/ Emily Tan, attorney-in-fact for Zhimin Feng	08/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)