FilingsForm 4

Sea Limited officer Feng Zhao reported a $3.8 million sale of 40,000 shares held through a BVI entity

From the public record1 min read

Published Oct 20, 2026 · 07:02 UTCUpdated Oct 20, 2026 · 22:43 UTCFiled Oct 5, 2026

Value$3.8 million, held indirectly

Shares40,000, held indirectly

Average price$95.02

FiledOct 5

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

A Form 4, the form an insider files after trading the company's shares, reported the sale of 40,000 Sea Limited shares on Oct 1, 2026; the reporting person was Feng Zhao, listed as an officer, President of Garena. The sale came to $3.8 million, an average of $95.02 a share; the form listed the shares as held indirectly, by a BVI entity, and stated 93,580 shares held indirectly after the last sale. The form said the shares were sold under a Rule 10b5-1 trading plan that a BVI entity controlled by the reporting person had adopted on Jun 29, 2026. The Form 4 was filed with the SEC on Oct 5, 2026 and is on the SEC's EDGAR database.1 2 3 4 5 6 7 8 9 10 11 12

How each figure was checked12 facts

the side of the tradesaleOur database
shares sold on the form40,000Our database
date of the first saleOct 1, 2026Our database
reporting owner as filedFeng ZhaoOur database
who signed the form and for whomEmily Tan, attorney-in-fact for Feng ZhaoOur database
the reporting owner's role at the companyofficer (President of Garena)Our database
total value of the sales$3.8 millionOur database
average price per share$95.02Our database
how the shares sold were held3 sale lines held indirectly (By BVI entity)Our database
shares held after the last sale lineafter the last sale line the form states 93580 shares of Class A ordinary shares held indirectly (By BVI entity)Our database
the footnote saying the sales were made under a Rule 10b5-1 plan and when it was adoptedJune 29, 2026Footnotes of the Form 4 filed Oct 5, 2026 ↗
day the Form 4 was filedOct 5, 2026Our database

The record

Issuer: Sea Limited (CIK 1703399, filed as Sea Ltd)
Form: 4
Accession: 0001193125-26-413061
Filed: Oct 5, 2026
Period of report: Oct 1, 2026
Reporting owner: Feng Zhao (CIK 2113138, filed as Zhao Feng)
Relationship: officer (President of Garena)
Rule 10b5-1 checkbox: Ticked
Line 1: S (sale) · 17,391 Class A ordinary shares at $94.43 · Oct 1, 2026 · disposed, indirectly, By BVI entity · 116,189 held after · footnotes F1 and F2
Line 2: S (sale) · 15,146 Class A ordinary shares at $95.20 · Oct 1, 2026 · disposed, indirectly, By BVI entity · 101,043 held after · footnotes F1 and F3
Line 3: S (sale) · 7,463 Class A ordinary shares at $96.04 · Oct 1, 2026 · disposed, indirectly, By BVI entity · 93,580 held after · footnotes F1 and F4
Footnote F1: The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on June 29, 2026.
Footnote F2: Represents the weighted average price of shares sold at prices that ranged from $93.76 to $94.75. 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.
Footnote F3: Represents the weighted average price of shares sold at prices that ranged from $94.76 to $95.75.
Footnote F4: Represents the weighted average price of shares sold at prices that ranged from $95.76 to $96.58.