Sea Limited CEO Xiaodong Li Sells Shares Worth Approximately $622,000
Xiaodong Li, the Chairman and CEO of Sea Limited (SE), sold 5,164 Class A ordinary shares on August 28, 2026. The transaction was conducted under a Rule 10b5-1 trading plan established in September 2025 by a BVI entity controlled by Li to manage portfolio liquidity. This sale represented approximately 0.42% of his total stake through the entity and reduced his indirect holdings to 1,227,828 shares. The transaction value was around $621,901 based on an average price per share of $120.43 during the sale period. As of August 31, 2026, Li's remaining stake had a market value of approximately $139.3 million at a closing stock price of $113.48. The filing indicated that he does not hold any shares directly or through derivative instruments like options. Sea Limited operates across digital entertainment, e-commerce, and financial services in emerging markets with a strong presence in Southeast Asia. With a market capitalization of $64.3 billion and trailing twelve months (TTM) revenue of $27.7 billion, the company is well-positioned despite recent stock price declines.
Tickers: $SE
Topics: insider selling Sea Limited SEC filing