=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-05-14
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: 2026-05-14 | Code: S (Open market sale)
Shares: -285 | Price: $88.06
Total Value: $25,097.10
Shares Owned After: 208,515 | 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 $87.52 to $88.51. 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: 2026-05-14 | Code: S (Open market sale)
Shares: -213 | Price: $89.04
Total Value: $18,965.52
Shares Owned After: 208,302 | 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 $88.52 to $89.51.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-05-14 | Code: S (Open market sale)
Shares: -253 | Price: $89.99
Total Value: $22,767.47
Shares Owned After: 208,049 | 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 $89.53 to $90.52.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-05-14 | Code: S (Open market sale)
Shares: -26 | Price: $90.60
Total Value: $2,355.60
Shares Owned After: 208,023 | 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 $90.56 to $90.64.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-05-14 | Code: S (Open market sale)
Shares: -21 | Price: $92.35
Total Value: $1,939.35
Shares Owned After: 208,002 | 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 #6]
Security: Class A ordinary shares
Date: 2026-05-14 | Code: S (Open market sale)
Shares: -2 | Price: $92.69
Total Value: $185.38
Shares Owned After: 208,000 | 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 #7]
Security: Class A ordinary shares
Date: 2026-05-15 | Code: S (Open market sale)
Shares: -593 | Price: $88.25
Total Value: $52,332.25
Shares Owned After: 207,407 | 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 $87.92 to $88.91.
[Transaction #8]
Security: Class A ordinary shares
Date: 2026-05-15 | Code: S (Open market sale)
Shares: -174 | Price: $89.43
Total Value: $15,560.82
Shares Owned After: 207,233 | 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.
[F7] Represents the weighted average price of shares sold at prices that ranged from $88.93 to $89.89.
[Transaction #9]
Security: Class A ordinary shares
Date: 2026-05-15 | Code: S (Open market sale)
Shares: -33 | Price: $90.00
Total Value: $2,970.00
Shares Owned After: 207,200 | 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.
[F8] Represents the weighted average price of shares sold at prices that ranged from $89.92 to $90.10.
--- 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 $87.52 to $88.51. 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 $88.52 to $89.51.
F4: Represents the weighted average price of shares sold at prices that ranged from $89.53 to $90.52.
F5: Represents the weighted average price of shares sold at prices that ranged from $90.56 to $90.64.
F6: Represents the weighted average price of shares sold at prices that ranged from $87.92 to $88.91.
F7: Represents the weighted average price of shares sold at prices that ranged from $88.93 to $89.89.
F8: Represents the weighted average price of shares sold at prices that ranged from $89.92 to $90.10.
--- Signature ---
/s/ /s/ Mark Tang, attorney-in-fact for Jingye Chen (2026-05-18)
