Sea Limited Director Heng Chen Seng Sells 20,000 Shares for $2.4 Million
Insider divested 11% of holdings as stock declined 30% over past year, reducing direct ownership to 164,904 shares valued at $20.11 million.
Overview
Director Heng Chen Seng sold 20,000 Class A ordinary shares of Sea Limited (NYSE:SE) on August 14, 2026. SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($122.31); post-transaction value based on August 14, 2026 market close ($121.94).
Details
Sea Limited is a leading digital platform operator with a $67.7 billion market capitalization and $27.7 billion in TTM revenue, demonstrating significant scale across three complementary business segments. The company has established a competitive advantage through its integrated ecosystem approach, leveraging cross-platform synergies between gaming, e-commerce, and fintech to capture value across multiple customer touchpoints in high-growth markets. With 102,700 employees and operations spanning multiple continents, Sea Limited maintains a diversified geographic and business model footprint that positions it as a regional technology powerhouse.
Source
Originally published at www.fool.com.