=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-07-10
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: 2026-07-10 | Code: S (Open market sale)
Shares: -527 | Price: $111.96
Total Value: $59,002.92
Shares Owned After: 39,473 | 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 $111.43 to $112.39. 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: 2026-07-10 | Code: S (Open market sale)
Shares: -176 | Price: $113.25
Total Value: $19,932.00
Shares Owned After: 39,297 | 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 $112.44 to $113.42.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-07-10 | Code: S (Open market sale)
Shares: -454 | Price: $113.92
Total Value: $51,719.68
Shares Owned After: 38,843 | 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 $113.43 to $114.42.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-07-10 | Code: S (Open market sale)
Shares: -343 | Price: $114.70
Total Value: $39,342.10
Shares Owned After: 38,500 | 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 $114.43 to $115.35.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-07-13 | Code: S (Open market sale)
Shares: -517 | Price: $111.22
Total Value: $57,500.74
Shares Owned After: 37,983 | 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 $110.64 to $111.63.
[Transaction #6]
Security: Class A ordinary shares
Date: 2026-07-13 | Code: S (Open market sale)
Shares: -494 | Price: $111.93
Total Value: $55,293.42
Shares Owned After: 37,489 | 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 $111.64 to $112.62.
[Transaction #7]
Security: Class A ordinary shares
Date: 2026-07-13 | Code: S (Open market sale)
Shares: -204 | Price: $113.08
Total Value: $23,068.32
Shares Owned After: 37,285 | 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.
[F8] Represents the weighted average price of shares sold at prices that ranged from $112.64 to $113.58.
[Transaction #8]
Security: Class A ordinary shares
Date: 2026-07-13 | Code: S (Open market sale)
Shares: -127 | Price: $114.21
Total Value: $14,504.67
Shares Owned After: 37,158 | 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.
[F9] Represents the weighted average price of shares sold at prices that ranged from $113.70 to $114.60.
[Transaction #9]
Security: Class A ordinary shares
Date: 2026-07-13 | Code: S (Open market sale)
Shares: -158 | Price: $114.93
Total Value: $18,158.94
Shares Owned After: 37,000 | 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 March 26, 2026.
[F10] Represents the weighted average price of shares sold at prices that ranged from $114.66 to $115.24.
--- 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.
F10: Represents the weighted average price of shares sold at prices that ranged from $114.66 to $115.24.
F2: Represents the weighted average price of shares sold at prices that ranged from $111.43 to $112.39. 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 $112.44 to $113.42.
F4: Represents the weighted average price of shares sold at prices that ranged from $113.43 to $114.42.
F5: Represents the weighted average price of shares sold at prices that ranged from $114.43 to $115.35.
F6: Represents the weighted average price of shares sold at prices that ranged from $110.64 to $111.63.
F7: Represents the weighted average price of shares sold at prices that ranged from $111.64 to $112.62.
F8: Represents the weighted average price of shares sold at prices that ranged from $112.64 to $113.58.
F9: Represents the weighted average price of shares sold at prices that ranged from $113.70 to $114.60.
--- Signature ---
/s/ /s/ Emily Tan, attorney-in-fact for Yanjun Wang (2026-07-14)
