Sea Ltd (NYSE: SE) director sells 17,395 ADSs in four trades
Rhea-AI Filing Summary
Sea Ltd (SE) director Khoon Hua Kuok reported open-market sales of 17,395 ADSs, each representing one Class A ordinary share, on August 18, 2026. The ADSs were sold in four tranches at weighted average prices of $115.274 (range $115.130–$115.420), $116.615 (range $116.130–$116.986), $117.377 (range $117.030–$117.940), and $118.03. Following these transactions, securities are reported as held indirectly by Macromind Investments Limited (258,216 ADSs) and Velmar Company Limited (110,549 ADSs), both wholly owned subsidiaries of Kerry Group Limited, and by Always Best International Limited (322,000 ADSs), an investment company of a discretionary trust in which Mr. Kuok is one of the discretionary beneficiaries; he disclaims beneficial ownership of these securities for all other purposes.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 17,395 shares
Net Sell
7 txns
Insider
KUOK Khoon Hua
Role
Director
Sold
17,395 shs ($2.02M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | ADS, each representing one Class A ordinary share F1 | 8,698 | $115.274 | $1.00M |
| Sale | ADS, each representing one Class A ordinary share F2 | 6,879 | $116.615 | $802K |
| Sale | ADS, each representing one Class A ordinary share F3 | 1,716 | $117.377 | $201K |
| Sale | ADS, each representing one Class A ordinary share | 102 | $118.03 | $12K |
| holding | ADS, each representing one Class A ordinary share F4 | -- | -- | -- |
| holding | ADS, each representing one Class A ordinary share F4 | -- | -- | -- |
| holding | ADS, each representing one Class A ordinary share F5 | -- | -- | -- |
Holdings After Transaction:
ADS, each representing one Class A ordinary share — 96,830 shares (Direct);
ADS, each representing one Class A ordinary share — 258,216 shares (Indirect, By Macromind Investments Limited);
ADS, each representing one Class A ordinary share — 110,549 shares (Indirect, By Velmar Company Limited);
ADS, each representing one Class A ordinary share — 322,000 shares (Indirect, By Always Best International Limited)
Footnotes (5)
- F1. Represents the weighted average price of shares sold at prices that ranged from $115.130 to $115.420. 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 $116.130 to $116.986.
- F3. Represents the weighted average price of shares sold at prices that ranged from $117.030 to $117.940.
- F4. The securities are held by Macromind Investments Limited and Velmar Company Limited, both being wholly-owned subsidiaries of Kerry Group Limited. Mr. Kuok is a director and a minority shareholder of Kerry Group Limited. Mr. Kuok disclaims beneficial ownership of the securities for all other purposes.
- F5. The securities are held by Always Best International Limited, an investment company of a discretionary trust in which Mr. Kuok is one of the discretionary beneficiaries. Mr. Kuok disclaims beneficial ownership of the securities for all other purposes.
Key Figures
Total ADSs sold: 17,395 ADSs
First tranche sold: 8,698 ADSs at $115.274
Second tranche sold: 6,879 ADSs at $116.615
+5 more
8 metrics
Total ADSs sold
17,395 ADSs
Net non-derivative sales on August 18, 2026
First tranche sold
8,698 ADSs at $115.274
Weighted average price; range $115.130–$115.420
Second tranche sold
6,879 ADSs at $116.615
Weighted average price; range $116.130–$116.986
Third tranche sold
1,716 ADSs at $117.377
Weighted average price; range $117.030–$117.940
Fourth tranche sold
102 ADSs at $118.03
Open-market sale of ADSs
Indirect holding via Macromind
258,216 ADSs
Held by Macromind Investments Limited; beneficial ownership disclaimed
Indirect holding via Velmar
110,549 ADSs
Held by Velmar Company Limited; beneficial ownership disclaimed
Indirect holding via Always Best International
322,000 ADSs
Held by Always Best International Limited; beneficial ownership disclaimed
Key Terms
ADS, weighted average price, beneficial ownership, discretionary trust
4 terms
ADS financial
"ADS, each representing one Class A ordinary share"
Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.
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.
beneficial ownership financial
"Mr. Kuok disclaims beneficial ownership of the securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
discretionary trust financial
"an investment company of a discretionary trust in which Mr. Kuok"
FAQ
What insider transaction did Sea Ltd (SE) report for Khoon Hua Kuok on August 18, 2026?
Sea Ltd reported that director Khoon Hua Kuok sold 17,395 ADSs on August 18, 2026 in open-market transactions. The ADSs were sold in four tranches at weighted average prices between $115.274 and $118.03, based on Form 4 disclosures.
At what prices did Khoon Hua Kuok sell Sea Ltd (SE) ADSs?
The ADSs were sold at weighted average prices of $115.274, $116.615, $117.377, and $118.03. Footnotes state these averages reflect ranges of $115.130–$115.420, $116.130–$116.986, and $117.030–$117.940, with full breakdowns available on request.
How many Sea Ltd (SE) ADSs did Khoon Hua Kuok sell in each reported tranche?
Khoon Hua Kuok sold 8,698 ADSs at $115.274, 6,879 ADSs at $116.615, 1,716 ADSs at $117.377, and 102 ADSs at $118.03. All transactions involved non-derivative ADSs, each representing one Class A ordinary share of Sea Ltd.
What indirect holdings of Sea Ltd (SE) ADSs are associated with Khoon Hua Kuok after these sales?
Indirect holdings reported are 258,216 ADSs via Macromind Investments Limited, 110,549 ADSs via Velmar Company Limited, and 322,000 ADSs via Always Best International Limited. These entities hold the securities, and Mr. Kuok disclaims beneficial ownership for all other purposes.
Are the Sea Ltd (SE) insider sales tied to a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed for these transactions. No footnote states that the August 18, 2026 sales were made pursuant to a Rule 10b5-1 trading plan or pre-arranged trading arrangement.
Who actually holds the indirect Sea Ltd (SE) ADS positions linked to Khoon Hua Kuok?
The ADSs are held by Macromind Investments Limited and Velmar Company Limited, wholly owned subsidiaries of Kerry Group Limited, and by Always Best International Limited. Mr. Kuok is linked through roles and beneficiary status but disclaims beneficial ownership of these securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
