Sea Ltd Insider Zhao Feng Sells $240K in Stock Under 10b5-1 Plan

An insider at Sea Ltd (SE), President of Garena Zhao Feng, has sold company stock. On August 28, 2026, Zhao sold 2,000 Class A ordinary shares at a weighted average price of $120.07 each, totaling approximately $240,140. Following this transaction, the insider's total holdings stand at 1,823,708 shares, held both directly (1,690,128) and indirectly (133,580). The filing notes that this sale was executed under a Rule 10b5-1 trading plan established in December 2025. Pre-planned sales like this are generally considered to have lower significance as they are not based on immediate market conditions or new non-public information.