{
  "id": 1921039,
  "title": "Sea Limited Director Heng Chen Seng Sells 20,000 Shares for $2.4 Million",
  "url": "https://urgent.news/2026/08/19/sea-limited-director-heng-chen-seng-sells-20-000-shares-for-2-4",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T11:00:01.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/coverage/filings/2026/08/19/sea-limited-director-heng-chen-seng-sells-20-000-shares-for-usd2-4-million/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Director Heng Chen Seng of Sea Limited sold 20,000 Class A ordinary shares on August 14, 2026, as per a SEC Form 4 filing. The transaction was valued at $2.4 million based on the weighted average sale price of $122.31 per share. The post-transaction value, calculated using the market close price on the same day, stood at $121.94 per share. Sea Limited, a dominant digital platform operator, boasts a substantial market capitalization of $67.7 billion and generates $27.7 billion in trailing twelve-month revenue. The company's success is attributed to its integrated ecosystem approach, which capitalizes on cross-platform synergies among its gaming, e-commerce, and fintech segments. With a workforce of 102,700 employees and operations spanning multiple continents, Sea Limited has established itself as a regional technology powerhouse.",
  "summary": "Insider divested 11% of holdings as stock declined 30% over past year, reducing direct ownership to 164,904 shares valued at $20.11 million.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Sea Limited Director Heng Chen Seng Sells 20,000 Shares for $2.4 Million",
        "url": "https://urgent.news/2026/08/19/sea-limited-director-heng-chen-seng-sells-20-000-shares-for-2-4-1930382",
        "published": "2026-08-19T11:20:01.000Z"
      }
    ]
  },
  "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."
}