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SEC EDGARAUG 311 min read$SE

Zhao Feng sold $240K of SE (indirect holdings)

Zhao Feng (President of Garena) sold 2,000 indirectly-held shares of Sea Ltd (SE) at $120.07 ($0.24M total) on 2026-08-28 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Zhao Feng
Published Aug 31, 2026, 10:14 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Aug 31, 2026, 11:23 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
high confidence
Mentioned
$SE
Relevance
3/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$SENeutralLow
01

Why it matters

The disclosed sale is modest and unlikely to affect Sea's stock price materially.

02

Market read

Primary insider sale with limited market impact.

03

What to watch

Potential upcoming strategic initiatives at Garena that may offset any short‑term sell pressure.

Relevance 3/10Novelty 4/10Timing: sale filed on 2026-08-31, transaction dated 2026-08-28

Background

Form 4 filings disclose insider transactions; Zhao Feng is a key executive at Sea Ltd.

Company-level read

Ticker impact

$SENeutralHigh confidence
Context

President of Garena Zhao Feng sold 2,000 shares for $240,140 via a 10b5‑1 plan.

Expected impact

Limited downward pressure, likely within normal volatility range.

Evidence & confidence

The sale is small relative to total holdings (133,580 shares) and typical for insiders using 10b5‑1 plans.

Market effects

Sector

No material impact on the broader gaming or e‑commerce sector.

Regional

Limited effect on Asian markets where Garena operates.

Global

Minimal global relevance.

Counterpoint

What could challenge this read

The sale could be a routine liquidity event, not a bearish signal.

Key entities

  • Company
    Sea Ltd

    Parent company of Garena, listed on NYSE as SE.

  • Executive
    Zhao Feng

    President of Garena, insider reporting the 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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