Chen Jingye, chief product officer at Shopee, has filed 204 Form 4 disclosures, all tied to a single issuer: Sea Limited, ticker SE. The pattern is one-sided. Across every filing, Chen Jingye has reported zero open-market purchases and zero dollars in buy-side value. Instead, the total sell value is $34,896,726.01, with an additional $2,409,990.84 in acquired value that comes from grants or awards, not voluntary buying. The recent activity is equally uniform. In the last stretch of filings, from September 14 to September 22, 2026, there are 24 sale transactions and no buys.
The recent trades cluster in a tight window. On September 14 alone, Chen Jingye reported five separate sales with values ranging from $236,236 to $1,171,800. The selling continued daily through September 18, with the largest single transaction at $2,102,090.04. September 16 includes a $2,250,000 transaction coded as "X," a conversion of a derivative security, alongside three open-market sales. The final two sales on September 22 total $3,104,426.64. The dollar amounts are not small, but they are also not concentrated in one giant block; they are spread across many individual filings.
The direction is clear. Chen Jingye is a seller, not a buyer, and the selling has been consistent and recent. The filings show no open-market purchase code, which is the only transaction type that signals conviction in the stock. Instead, the record shows a steady stream of sales, all in SE, with the most recent batch ending on September 22, 2026. The total sell value of roughly $34.9 million, against zero buy value, leaves no ambiguity about the trading bias.
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