Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Sea Limited CEO Xiaodong Li Sells 5,164 Shares for $621,901

Key PointsThe sale involved Class A ordinary shares equal to 0.42% of the stake held before the filing.

Sea Limited's CEO, Xiaodong Li, divested 5,164 Class A ordinary shares on August 28, 2026, as reported in a recent SEC Form 4 filing. The transaction yielded a total value of $621,901 based on the weighted average sale price of $120.43 per share. At the market close on the same day, the shares were trading at $119.36 each, reflecting a post-transaction value of $619,901.

Sea Limited stands as a prominent digital platform operator, boasting a market capitalization of $64.3 billion and trailing twelve months revenue of $27.7 billion. The company's diversified business model, centered around its integrated ecosystem, effectively merges entertainment, commerce, and financial services to establish a robust digital infrastructure catering to consumers in emerging markets.

With a workforce of 102,700 employees and a global presence, Sea Limited's competitive edge is bolstered by its expansive user base, proprietary technology platforms, and profound market insights in burgeoning markets.

Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at nasdaq.com →

More in Finance & Markets

Shares of DFNM Now Oversold

In trading on Tuesday, shares of the Dimensional National Municipal Bond ETF (Symbol: DFNM) entered into oversold territory, changing hands as low as $47.29 per share.

More from Tuesday 1 September →