=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-05-06
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: 2026-05-06 | Code: S (Open market sale)
Shares: -129 | Price: $86.78
Total Value: $11,194.62
Shares Owned After: 213,471 | 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 $86.20 to $87.18. 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: 2026-05-06 | Code: S (Open market sale)
Shares: -113 | Price: $87.83
Total Value: $9,924.79
Shares Owned After: 213,358 | 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 $87.20 to $88.19.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-05-06 | Code: S (Open market sale)
Shares: -437 | Price: $88.66
Total Value: $38,744.42
Shares Owned After: 212,921 | 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 $88.20 to $89.17.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-05-06 | Code: S (Open market sale)
Shares: -121 | Price: $89.58
Total Value: $10,839.18
Shares Owned After: 212,800 | 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 $89.21 to $89.86.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-05-07 | Code: S (Open market sale)
Shares: -485 | Price: $89.43
Total Value: $43,373.55
Shares Owned After: 212,315 | 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 $89.04 to $90.035.
[Transaction #6]
Security: Class A ordinary shares
Date: 2026-05-07 | Code: S (Open market sale)
Shares: -276 | Price: $90.36
Total Value: $24,939.36
Shares Owned After: 212,039 | 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 $90.04 to $90.90.
[Transaction #7]
Security: Class A ordinary shares
Date: 2026-05-07 | Code: S (Open market sale)
Shares: -39 | Price: $91.44
Total Value: $3,566.16
Shares Owned After: 212,000 | 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.
[F8] Represents the weighted average price of shares sold at prices that ranged from $91.12 to $91.75.
--- 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 $86.20 to $87.18. 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 $87.20 to $88.19.
F4: Represents the weighted average price of shares sold at prices that ranged from $88.20 to $89.17.
F5: Represents the weighted average price of shares sold at prices that ranged from $89.21 to $89.86.
F6: Represents the weighted average price of shares sold at prices that ranged from $89.04 to $90.035.
F7: Represents the weighted average price of shares sold at prices that ranged from $90.04 to $90.90.
F8: Represents the weighted average price of shares sold at prices that ranged from $91.12 to $91.75.
--- Signature ---
/s/ /s/ Mark Tang, attorney-in-fact for Jingye Chen (2026-05-08)