Garena president Zhao Feng sold 4,000 Sea Limited shares under a prearranged trading plan, reducing holdings marginally.
Sea Limited insider Zhao Feng sold 4,000 Class A shares on August 11 and 12 at a weighted average price of $128.46, totaling approximately $514,000. The transaction was executed under a Rule 10b5-1 trading plan adopted on December 26, 2025, designed to prevent insider trading concerns.
Zhao retains 1.7 million Class A shares, maintaining a significant stake in the company. Sea Limited, with a market capitalization of $70 billion, reported trailing twelve-month revenue of $25.2 billion and net income of $1.6 billion.
The sale follows the stock’s August 12 close at $128.11, reflecting minimal immediate market reaction to the disclosure.