On April 20, 2026, two insiders at Sea Ltd (SE) executed a series of sales, divesting approximately $14.55 million worth of company shares. David Y. Ma, identified as an "Other" insider, was responsible for the majority of these transactions, selling a combined total of 159,353 shares across two separate trades.
The first sale by Mr. Ma involved 83,101 shares at an average price of $90.40 per share, totaling $7.51 million. This was followed by a second transaction where he sold an additional 76,252 shares at an average price of $92.34 per share, amounting to $7.04 million.
While insider selling can be attributed to various personal financial strategies such as portfolio diversification or tax planning, significant and clustered sales by multiple individuals within a company can sometimes draw investor attention.