This cluster is noise. The dollar value is too small to move the stock or signal material non-public information. Monitor for any subsequent Form 4 filings with larger dollar amounts or a shift to buying by C-suite executives, which would carry more signal.
Price Chart
Executive Summary
Three C-suite insiders at Sea Ltd (COO, CPO, CCO) sold a total of ~$208K in open-market sales over a 7-day window. The dollar amount is trivial relative to Sea's $53.5B market cap (0.0004%), and the sales follow a pattern consistent with routine diversification or tax planning rather than a coordinated bearish signal. The cluster is not informative per the academic literature on insider sales.
Key Financial Metrics
Key Facts
- Three insiders sold: COO Ye Gang ($181K), CPO Chen Jingye ($13K), CCO Wang Yanjun ($14K)
- Total sales value: ~$208K, representing 0.0004% of Sea's $53.5B market cap
- All sales were open-market transactions; no purchases in the cluster
- Sales occurred over 3 trading days (May 20-22, 2026) at prices between $85.39-$86.53
- No 10b5-1 plan designation noted; pattern is consistent with routine portfolio rebalancing
Financial Impact
Total insider sales of ~$208K, negligible relative to $53.5B market cap
Risk Factors
- Insider sales could accelerate if the stock continues to appreciate, but current levels are immaterial
- No evidence of informed selling; risk of misinterpreting routine diversification as bearish
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SE-1779790061587 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | Insider Cluster | $102.65 $105.24 | ▲ +2.52% | ▲ +2.19% | $95.19 (−7.27%) |
Sep 11, 2026 21d ago | Insider Cluster | $106.24 $108.68 | ▼ −2.30% | ▼ −2.74% | $95.19 (+10.40%) |
Sep 4, 2026 28d ago | Insider Cluster | $112.09 $113.33 | ▲ +1.11% | ▲ +1.66% | $95.19 (−15.08%) |
Sep 2, 2026 4w ago | Insider Cluster | $112.81 $113.10 | ▲ +0.26% | ▼ −0.79% | $95.19 (−15.62%) |
Sep 1, 2026 4w ago | Insider Cluster | $112.65 $112.81 | ▲ +0.14% | ▼ −0.30% | $95.19 (−15.50%) |
Aug 27, 2026 5w ago | Insider Cluster | $118.32 $119.36 | ▲ +0.88% | ▲ +1.11% | $95.19 (−19.55%) |
Aug 25, 2026 5w ago | 6-K | $123.18 $119.12 | ▼ −3.30% | ▼ −3.32% | $95.19 (−22.72%) |
Aug 25, 2026 5w ago | Insider Cluster | $123.18 $119.12 | ▼ −3.30% | ▼ −3.32% | $95.19 (−22.72%) |
Aug 21, 2026 6w ago | Insider Cluster | $117.53 $115.68 | ▼ −1.57% | ▼ −1.28% | $95.19 (−19.01%) |
Aug 20, 2026 6w ago | Insider Cluster | $117.24 $117.53 | ▼ −0.25% | ▲ +0.16% | $95.19 (+18.81%) |
US Market Status
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