Form 4: Sea Executive Sells Shares
Insider Transaction (Form 4)
Jingye Chen, CPO, Shopee of Sea Ltd, sold 60,000 shares of common stock on September 15, 2026.
Summary
- Open-market sale: disposed of 11,700 Class A ordinary shares at $103.30 ($1,208,610) on September 15, 2026; holds 168,300 after (Indirect).
- Open-market sale: disposed of 14,600 Class A ordinary shares at $103.81 ($1,515,626) on September 15, 2026; holds 153,700 after (Indirect).
- Open-market sale: disposed of 1,800 Class A ordinary shares at $105.08 ($189,144) on September 15, 2026; holds 151,900 after (Indirect).
- Open-market sale: disposed of 1,900 Class A ordinary shares at $106.04 ($201,476) on September 15, 2026; holds 150,000 after (Indirect).
- Open-market sale: disposed of 6,863 Class A ordinary shares at $103.26 ($708,673) on September 16, 2026; holds 143,137 after (Indirect).
- Open-market sale: disposed of 15,437 Class A ordinary shares at $104.07 ($1,606,529) on September 16, 2026; holds 127,700 after (Indirect).
- Open-market sale: disposed of 7,700 Class A ordinary shares at $105.03 ($808,731) on September 16, 2026; holds 120,000 after (Indirect).
- In-the-money derivative exercise: acquired 150,000 Class A ordinary shares at $15.00 ($2,250,000) on September 16, 2026; holds 9,126,574 after (Direct).
- In-the-money derivative exercise: disposed of 150,000 Share options (right to buy) on September 16, 2026; holds 1,000,000 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $6,238,789 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Jingye Chen — Officer (CPO, Shopee)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-15 | Open-market sale | Class A ordinary shares | 11,700 | $103 | $1.2M | 168,300 |
| 2026-09-15 | Open-market sale | Class A ordinary shares | 14,600 | $104 | $1.5M | 153,700 |
| 2026-09-15 | Open-market sale | Class A ordinary shares | 1,800 | $105 | $189.1K | 151,900 |
| 2026-09-15 | Open-market sale | Class A ordinary shares | 1,900 | $106 | $201.5K | 150,000 |
| 2026-09-16 | Open-market sale | Class A ordinary shares | 6,863 | $103 | $708.7K | 143,137 |
| 2026-09-16 | Open-market sale | Class A ordinary shares | 15,437 | $104 | $1.6M | 127,700 |
| 2026-09-16 | Open-market sale | Class A ordinary shares | 7,700 | $105 | $808.7K | 120,000 |
| 2026-09-16 | In-the-money derivative exercise | Class A ordinary shares | 150,000 | $15 | $2.3M | 9,126,574 |
| 2026-09-16 | In-the-money derivative exercise | Share options (right to buy) | 150,000 | — | — | 1,000,000 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-15 | Open-market sale (11,700 shares) |
| 2026-09-15 | Open-market sale (14,600 shares) |
| 2026-09-15 | Open-market sale (1,800 shares) |
| 2026-09-15 | Open-market sale (1,900 shares) |
| 2026-09-16 | Open-market sale (6,863 shares) |
| 2026-09-16 | Open-market sale (15,437 shares) |
| 2026-09-16 | Open-market sale (7,700 shares) |
| 2026-09-16 | In-the-money derivative exercise (150,000 shares) |
| 2026-09-16 | In-the-money derivative exercise (150,000 shares) |
Keywords
insider transaction, Form 4, SE, Sea Ltd, bearish, Jingye Chen
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