=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-05-18
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: Sea Ltd (SE)
CIK: 0001703399
--- Reporting Owner ---
Name: Chen Jingye
CIK: 0001965706
Role: Officer (CPO, Shopee)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A ordinary shares
Date: 2026-05-18 | Code: S (Open market sale)
Shares: -72 | Price: $86.98
Total Value: $6,262.56
Shares Owned After: 207,128 | Ownership: I (Indirect) | Nature: By BVI entity
Footnotes:
[F1] The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on August 28, 2025.
[F2] Represents the weighted average price of shares sold at prices that ranged from $86.59 to $87.43. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
[Transaction #2]
Security: Class A ordinary shares
Date: 2026-05-18 | Code: S (Open market sale)
Shares: -680 | Price: $88.02
Total Value: $59,853.60
Shares Owned After: 206,448 | Ownership: I (Indirect) | Nature: By BVI entity
Footnotes:
[F1] The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on August 28, 2025.
[F3] Represents the weighted average price of shares sold at prices that ranged from $87.61 to $88.42.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-05-18 | Code: S (Open market sale)
Shares: -24 | Price: $89.16
Total Value: $2,139.84
Shares Owned After: 206,424 | Ownership: I (Indirect) | Nature: By BVI entity
Footnotes:
[F1] The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on August 28, 2025.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-05-18 | Code: S (Open market sale)
Shares: -24 | Price: $89.91
Total Value: $2,157.84
Shares Owned After: 206,400 | Ownership: I (Indirect) | Nature: By BVI entity
Footnotes:
[F1] The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on August 28, 2025.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-05-19 | Code: S (Open market sale)
Shares: -248 | Price: $86.76
Total Value: $21,516.48
Shares Owned After: 206,152 | Ownership: I (Indirect) | Nature: By BVI entity
Footnotes:
[F1] The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on August 28, 2025.
[F4] Represents the weighted average price of shares sold at prices that ranged from $86.04 to $87.0395.
[Transaction #6]
Security: Class A ordinary shares
Date: 2026-05-19 | Code: S (Open market sale)
Shares: -498 | Price: $87.38
Total Value: $43,515.24
Shares Owned After: 205,654 | Ownership: I (Indirect) | Nature: By BVI entity
Footnotes:
[F1] The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on August 28, 2025.
[F5] Represents the weighted average price of shares sold at prices that ranged from $87.04 to $88.03.
[Transaction #7]
Security: Class A ordinary shares
Date: 2026-05-19 | Code: S (Open market sale)
Shares: -54 | Price: $88.37
Total Value: $4,771.98
Shares Owned After: 205,600 | Ownership: I (Indirect) | Nature: By BVI entity
Footnotes:
[F1] The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on August 28, 2025.
[F6] Represents the weighted average price of shares sold at prices that ranged from $88.06 to $88.70.
--- Holdings ---
[Holding #1]
Security: Class A ordinary shares
Ownership: D (Direct)
--- Footnotes (Complete Index) ---
F1: The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on August 28, 2025.
F2: Represents the weighted average price of shares sold at prices that ranged from $86.59 to $87.43. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
F3: Represents the weighted average price of shares sold at prices that ranged from $87.61 to $88.42.
F4: Represents the weighted average price of shares sold at prices that ranged from $86.04 to $87.0395.
F5: Represents the weighted average price of shares sold at prices that ranged from $87.04 to $88.03.
F6: Represents the weighted average price of shares sold at prices that ranged from $88.06 to $88.70.
--- Signature ---
/s/ /s/ Mark Tang, attorney-in-fact for Jingye Chen (2026-05-20)
