=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-07-06
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: Sea Ltd (SE)
CIK: 0001703399
--- Reporting Owner ---
Name: Ye Gang
CIK: 0001729171
Role: Director, Officer (COO)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A ordinary shares
Date: 2026-07-06 | Code: S (Open market sale)
Shares: -9,695 | Price: $103.76
Total Value: $1,005,953.20
Shares Owned After: 510,305 | 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 September 4, 2025.
[F2] Represents the weighted average price of shares sold at prices that ranged from $103.05 to $104.02. 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: 2026-07-06 | Code: S (Open market sale)
Shares: -4,905 | Price: $104.53
Total Value: $512,719.65
Shares Owned After: 505,400 | 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 September 4, 2025.
[F3] Represents the weighted average price of shares sold at prices that ranged from $104.05 to $105.00.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-07-06 | Code: S (Open market sale)
Shares: -5,400 | Price: $105.46
Total Value: $569,484.00
Shares Owned After: 500,000 | 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 September 4, 2025.
[F4] Represents the weighted average price of shares sold at prices that ranged from $105.05 to $106.05.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -11,303 | Price: $104.63
Total Value: $1,182,632.89
Shares Owned After: 488,697 | 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 September 4, 2025.
[F5] Represents the weighted average price of shares sold at prices that ranged from $104.08 to $105.07.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -7,597 | Price: $105.51
Total Value: $801,559.47
Shares Owned After: 481,100 | 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 September 4, 2025.
[F6] Represents the weighted average price of shares sold at prices that ranged from $105.09 to $105.97.
[Transaction #6]
Security: Class A ordinary shares
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -1,100 | Price: $106.28
Total Value: $116,908.00
Shares Owned After: 480,000 | 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 September 4, 2025.
[F7] Represents the weighted average price of shares sold at prices that ranged from $106.10 to $106.40.
--- 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 September 4, 2025.
F2: Represents the weighted average price of shares sold at prices that ranged from $103.05 to $104.02. 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 $104.05 to $105.00.
F4: Represents the weighted average price of shares sold at prices that ranged from $105.05 to $106.05.
F5: Represents the weighted average price of shares sold at prices that ranged from $104.08 to $105.07.
F6: Represents the weighted average price of shares sold at prices that ranged from $105.09 to $105.97.
F7: Represents the weighted average price of shares sold at prices that ranged from $106.10 to $106.40.
--- Signature ---
/s/ /s/ Mark Tang, attorney-in-fact for Gang Ye (2026-07-08)
