$SE

Zhao Feng sold $3.8M of SE (indirect holdings)

Zhao Feng (President of Garena) sold 40,000 indirectly-held shares of Sea Ltd (SE) at an average of $95.02 ($94.43–$96.04, $3.80M total) across 3 trades on 2026-10-01 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Zhao Feng
Published Oct 5, 2026, 10:28 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 5, 2026, 10:56 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.
AlphAI market briefInsider activity
Primary signal
$SE
Bearish
medium confidence
Mentioned
$SE
Relevance
5/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$SEBearishLow
01

Why it matters

The disclosed sale provides fresh data on insider sentiment, which can influence short‑term trading decisions.

02

Market read

A senior executive's $3.8M share sale may create modest downward pressure on SE stock, but the impact is likely limited.

03

What to watch

Potential upcoming corporate actions or market conditions that prompted the 10b5‑1 plan are not disclosed.

Relevance 5/10Novelty 6/10Timing: today

Background

SEC Form 4 filing discloses insider transactions; such filings are primary sources for insider activity.

Company-level read

Ticker impact

$SEBearishMedium confidence
Context

President of Garena sold 40,000 shares for $3.8M via a 10b5‑1 plan, reducing his stake to 93,580 shares.

Expected impact

likely pressure as the market prices in the insider sell

Evidence & confidence

A $3.8M sale by a senior executive is material but not large enough to trigger a major move; traders may watch for further insider activity.

Market effects

Minimal; the sale does not affect the broader internet/entertainment sector.

Limited to investors tracking Sea Ltd and Garena-related holdings.

Low; no broader market impact.

Counterpoint

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

Key entities

  • Sea Ltd

    Parent company of Garena, ticker SE.

  • Zhao Feng

    President of Garena and insider of Sea Ltd.

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.

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