=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-04-28
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: 2026-04-28 | Code: S (Open market sale)
Shares: -384 | Price: $85.04
Total Value: $32,655.36
Shares Owned After: 218,016 | 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 $84.46 to $85.44. 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: 2026-04-28 | Code: S (Open market sale)
Shares: -216 | Price: $85.92
Total Value: $18,558.72
Shares Owned After: 217,800 | 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.
[F3] Represents the weighted average price of shares sold at prices that ranged from $85.49 to $86.11.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-04-28 | Code: S (Open market sale)
Shares: -200 | Price: $86.71
Total Value: $17,342.00
Shares Owned After: 217,600 | 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.
[F4] Represents the weighted average price of shares sold at prices that ranged from $86.70 to $86.72.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-04-29 | Code: S (Open market sale)
Shares: -180 | Price: $82.47
Total Value: $14,844.60
Shares Owned After: 217,420 | 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 $81.93 to $82.92.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-04-29 | Code: S (Open market sale)
Shares: -526 | Price: $83.29
Total Value: $43,810.54
Shares Owned After: 216,894 | 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 $82.95 to $83.928.
[Transaction #6]
Security: Class A ordinary shares
Date: 2026-04-29 | Code: S (Open market sale)
Shares: -43 | Price: $84.41
Total Value: $3,629.63
Shares Owned After: 216,851 | 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 $83.93 to $84.67.
[Transaction #7]
Security: Class A ordinary shares
Date: 2026-04-29 | Code: S (Open market sale)
Shares: -42 | Price: $85.55
Total Value: $3,593.10
Shares Owned After: 216,809 | 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 $85.03 to $85.89.
[Transaction #8]
Security: Class A ordinary shares
Date: 2026-04-29 | Code: S (Open market sale)
Shares: -9 | Price: $86.00
Total Value: $774.00
Shares Owned After: 216,800 | 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.
--- 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 $84.46 to $85.44. 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 $85.49 to $86.11.
F4: Represents the weighted average price of shares sold at prices that ranged from $86.70 to $86.72.
F5: Represents the weighted average price of shares sold at prices that ranged from $81.93 to $82.92.
F6: Represents the weighted average price of shares sold at prices that ranged from $82.95 to $83.928.
F7: Represents the weighted average price of shares sold at prices that ranged from $83.93 to $84.67.
F8: Represents the weighted average price of shares sold at prices that ranged from $85.03 to $85.89.
--- Signature ---
/s/ /s/ Mark Tang, attorney-in-fact for Jingye Chen (2026-04-30)
