{
  "id": 1233909,
  "title": "A Sea Limited Co-Founder Still Holds 21.6 Million Shares After Selling. Here's How to Read It",
  "url": "https://urgent.news/2026/08/16/a-sea-limited-co-founder-still-holds-21-6-million-shares-after",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-16T07:30:40.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/coverage/filings/2026/08/16/a-sea-limited-co-founder-still-holds-21-6-million-shares-after-selling-here-s-how-to-read-it/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Ye Gang, Chief Operating Officer of Sea Limited, disclosed on August 13 that he had sold 60,000 Class A ordinary shares in a Securities and Exchange Commission filing, according to an SEC Form 4. The transaction's value, calculated using a weighted average sale price of $128.99 as per the SEC Form 4, amounted to $7.73 million. However, the post-transaction value, determined by the market close on August 12, was slightly lower at $128.11 per share, resulting in a total value of $7.71 million. Sea Limited, a dominant player in Southeast Asia's digital landscape, boasts a market capitalization of $70 billion and reported $25.2 billion in trailing twelve months (TTM) revenues. The company operates across three primary business domains: digital entertainment, e-commerce, and fintech. By utilizing its integrated ecosystem, Sea Limited aims to maximize value within the digital entertainment, e-commerce, and fintech sectors, positioning itself as a comprehensive digital services provider for emerging markets. The company's operations extend across multiple regions, benefiting from network effects and cross-platform synergies, which improve customer acquisition efficiency and lifetime value.",
  "summary": "This liquidation was executed under a pre-scheduled Rule 10b5-1 plan adopted last September, with the executive retaining substantial ownership afterward.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "A Sea Limited Co-Founder Still Holds 21.6 Million Shares After Selling. Here's How to Read It",
        "url": "https://urgent.news/2026/08/16/a-sea-limited-co-founder-still-holds-21-6-million-shares-after-1235703",
        "published": "2026-08-16T07:50:40.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}