The sale of 20,000 Sea Limited shares by director Heng Chen Seng values the transaction at $2.4 million based on a weighted average price.
Sea Limited director Heng Chen Seng sold 20,000 Class A ordinary shares on August 14, 2026, for a total of $2.4 million. The transaction was executed at a weighted average price of $122.31 per share, with individual trades ranging from $122.00 to $123.56.
Following the sale, the director retains 164,904 shares, equivalent to approximately 0.0275% ownership in the company. Sea Limited’s stock closed at $121.94 on the transaction date and declined further to $119.45 by August 17, 2026, a 2.34% drop from the sale price.
The company’s shares have underperformed over the past year, posting a -30% return as of the transaction date. Sea Limited operates digital entertainment, e-commerce, and financial services across global markets.