=== 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: Wang Yanjun
CIK: 0002113214
Role: Officer (CCO and GC)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A ordinary shares
Date: 2026-07-06 | Code: S (Open market sale)
Shares: -272 | Price: $103.22
Total Value: $28,075.84
Shares Owned After: 44,528 | 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 March 26, 2026.
[F2] Represents the weighted average price of shares sold at prices that ranged from $102.90 to $103.85. 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: -316 | Price: $104.45
Total Value: $33,006.20
Shares Owned After: 44,212 | 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 March 26, 2026.
[F3] Represents the weighted average price of shares sold at prices that ranged from $103.94 to $104.89.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-07-06 | Code: S (Open market sale)
Shares: -611 | Price: $105.43
Total Value: $64,417.73
Shares Owned After: 43,601 | 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 March 26, 2026.
[F4] Represents the weighted average price of shares sold at prices that ranged from $104.90 to $105.71.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-07-06 | Code: S (Open market sale)
Shares: -1 | Price: $106.12
Total Value: $106.12
Shares Owned After: 43,600 | 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 March 26, 2026.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -489 | Price: $104.72
Total Value: $51,208.08
Shares Owned After: 43,111 | 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 March 26, 2026.
[F5] Represents the weighted average price of shares sold at prices that ranged from $104.09 to $105.08.
[Transaction #6]
Security: Class A ordinary shares
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -656 | Price: $105.45
Total Value: $69,175.20
Shares Owned After: 42,455 | 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 March 26, 2026.
[F6] Represents the weighted average price of shares sold at prices that ranged from $105.09 to $105.98.
[Transaction #7]
Security: Class A ordinary shares
Date: 2026-07-07 | Code: S (Open market sale)
Shares: -55 | Price: $106.30
Total Value: $5,846.50
Shares Owned After: 42,400 | 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 March 26, 2026.
[F7] Represents the weighted average price of shares sold at prices that ranged from $106.11 to $106.60.
--- 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 March 26, 2026.
F2: Represents the weighted average price of shares sold at prices that ranged from $102.90 to $103.85. 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 $103.94 to $104.89.
F4: Represents the weighted average price of shares sold at prices that ranged from $104.90 to $105.71.
F5: Represents the weighted average price of shares sold at prices that ranged from $104.09 to $105.08.
F6: Represents the weighted average price of shares sold at prices that ranged from $105.09 to $105.98.
F7: Represents the weighted average price of shares sold at prices that ranged from $106.11 to $106.60.
--- Signature ---
/s/ /s/ Emily Tan, attorney-in-fact for Yanjun Wang (2026-07-08)
