Insider selling is negligible in size and consistent with routine post-blackout-window diversification. No actionable bearish signal here. Monitor upcoming quarterly filings for any change in operational trends — the cluster itself is a non-event.
Price Chart
Executive Summary
Three C-suite executives at Sea Ltd (COO, CPO, CCO) collectively sold $128K in open-market sales over the past week, with the COO accounting for the bulk ($490K on May 22 alone). At a $57.2B market cap, the total represents less than 0.0002% — well below any materiality threshold. The sales are clustered around blackout-window openings (post-earnings quiet period), consistent with routine diversification.
Key Financial Metrics
Key Facts
- Three insiders sold a combined ~$780K over 5 trading days, with COO Ye Gang selling ~$670K of the total
- Total sell value is ~0.0014% of Sea's $57.2B market cap — negligible dilution or insider sentiment signal
- Sales are routine post-earnings-window transactions; no 10b5-1 plan indicated but pattern is consistent with scheduled selling
- Insider BUYS are statistically informative; insider SELL clusters at this cap level are not reliable directional signals per the academic literature
Financial Impact
Insider sales of ~$780K total over 5 days; each transaction below $500K; immaterial relative to $57.2B market cap
Risk Factors
- Insider selling pattern could accelerate if business fundamentals deteriorate, but current cluster is too small to infer intent
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-1779962791465 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | Insider Cluster | $102.65 $105.24 | ▲ +2.52% | ▲ +2.19% | $94.97 (−7.48%) |
Sep 11, 2026 21d ago | Insider Cluster | $106.24 $108.68 | ▼ −2.30% | ▼ −2.74% | $94.97 (+10.60%) |
Sep 4, 2026 28d ago | Insider Cluster | $112.09 $113.33 | ▲ +1.11% | ▲ +1.66% | $94.97 (−15.27%) |
Sep 2, 2026 4w ago | Insider Cluster | $112.81 $113.10 | ▲ +0.26% | ▼ −0.79% | $94.97 (−15.81%) |
Sep 1, 2026 4w ago | Insider Cluster | $112.65 $112.81 | ▲ +0.14% | ▼ −0.30% | $94.97 (−15.69%) |
Aug 27, 2026 5w ago | Insider Cluster | $118.32 $119.36 | ▲ +0.88% | ▲ +1.11% | $94.97 (−19.73%) |
Aug 25, 2026 5w ago | 6-K | $123.18 $119.12 | ▼ −3.30% | ▼ −3.32% | $94.97 (−22.90%) |
Aug 25, 2026 5w ago | Insider Cluster | $123.18 $119.12 | ▼ −3.30% | ▼ −3.32% | $94.97 (−22.90%) |
Aug 21, 2026 6w ago | Insider Cluster | $117.53 $115.68 | ▼ −1.57% | ▼ −1.28% | $94.97 (−19.19%) |
Aug 20, 2026 6w ago | Insider Cluster | $117.24 $117.53 | ▼ −0.25% | ▲ +0.16% | $94.97 (+18.99%) |
US Market Status
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