Sea Ltd Insider Selling: Jingye Chen Trims Stake
Jingye Chen (CPO, Shopee) sold 60,000 shares of Sea Ltd, valued at approximately $6.24 million.
Max I. · September 17, 2026
A Form 4 filed with the SEC shows Jingye Chen, CPO, Shopee at Sea Ltd (SE), sold 60,000 shares of company stock on 2026-09-15.
The transaction was executed at a price of $103.98 per share, for a total value of approximately $6.24 million.
Under SEC rules, corporate insiders — officers, directors, and holders of more than 10% of a company's shares — are required to report changes in their ownership within two business days of the transaction via Form 4.
Sales by insiders often reflect routine portfolio management or pre-scheduled trading plans rather than a view on the company's prospects.
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