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SEC EDGARAUG 271 min read$SE

Feng Zhimin sold $2.3M of SE (indirect holdings)

Feng Zhimin (President) sold 18,872 indirectly-held shares of Sea Ltd (SE) at an average of $121.99 ($120.50–$123.33, $2.30M total) across 6 trades over 2026-08-25 to 2026-08-26 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Feng Zhimin
Published Aug 27, 2026, 10:06 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Aug 27, 2026, 10:08 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefInsider activity
Primary signal
$SE
Neutral
medium confidence
Mentioned
$SE
Relevance
5/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$SENeutralLow
01

Why it matters

The sale reduces insider ownership but does not alter Sea Ltd's operational outlook.

02

Market read

Insider sale is a routine disclosure with modest trading relevance for SE shareholders.

03

What to watch

Potential upcoming strategic initiatives or financing needs not disclosed in the filing.

Relevance 5/10Novelty 6/10Timing: filing today

Background

Form 4 filings disclose insider transactions; a 10b5‑1 plan indicates pre‑arranged sales.

Company-level read

Ticker impact

$SENeutralMedium confidence
Context

President Feng Zhimin sold 18,872 shares for $2.3M via a 10b5‑1 plan, reducing his stake to 212,407 shares.

Expected impact

Potential slight dip in SE price as market digests the sale.

Evidence & confidence

The transaction is a primary Form 4 filing, but the amount is relatively small for a mid‑cap, limiting material impact.

Market effects

Sector

Minimal effect on the broader e‑commerce and gaming sector.

Regional

No significant regional impact beyond investor sentiment on SE.

Global

Limited global relevance; only affects investors tracking Sea Ltd.

Counterpoint

What could challenge this read

The sale could be a routine liquidity event unrelated to fundamentals, so price may remain stable.

Key entities

  • Company
    Sea Ltd

    Singapore‑based internet platform listed on NYSE under ticker SE.

  • Executive
    Feng Zhimin

    President of Sea Ltd, reporting the insider sale.

Read at source← All news

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

SE insider trading history →

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