=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-07-28
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: 2026-07-28 | Code: S (Open market sale)
Shares: -4,350 | Price: $103.52
Total Value: $450,312.00
Shares Owned After: 195,650 | 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 $102.85 to $103.849. 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: 2026-07-28 | Code: S (Open market sale)
Shares: -6,928 | Price: $104.38
Total Value: $723,144.64
Shares Owned After: 188,722 | 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 $103.85 to $104.84.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-07-28 | Code: S (Open market sale)
Shares: -5,539 | Price: $105.35
Total Value: $583,533.65
Shares Owned After: 183,183 | 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 $104.85 to $105.85.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-07-28 | Code: S (Open market sale)
Shares: -3,183 | Price: $106.27
Total Value: $338,257.41
Shares Owned After: 180,000 | 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.
[F5] Represents the weighted average price of shares sold at prices that ranged from $105.86 to $106.67.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-07-29 | Code: S (Open market sale)
Shares: -9,510 | Price: $107.66
Total Value: $1,023,846.60
Shares Owned After: 170,490 | 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 $107.19 to $108.18.
[Transaction #6]
Security: Class A ordinary shares
Date: 2026-07-29 | Code: S (Open market sale)
Shares: -5,470 | Price: $108.69
Total Value: $594,534.30
Shares Owned After: 165,020 | 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 $108.19 to $109.18.
[Transaction #7]
Security: Class A ordinary shares
Date: 2026-07-29 | Code: S (Open market sale)
Shares: -5,020 | Price: $109.53
Total Value: $549,840.60
Shares Owned After: 160,000 | 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.
[F8] Represents the weighted average price of shares sold at prices that ranged from $109.19 to $109.99.
--- 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 $102.85 to $103.849. 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 $103.85 to $104.84.
F4: Represents the weighted average price of shares sold at prices that ranged from $104.85 to $105.85.
F5: Represents the weighted average price of shares sold at prices that ranged from $105.86 to $106.67.
F6: Represents the weighted average price of shares sold at prices that ranged from $107.19 to $108.18.
F7: Represents the weighted average price of shares sold at prices that ranged from $108.19 to $109.18.
F8: Represents the weighted average price of shares sold at prices that ranged from $109.19 to $109.99.
--- Signature ---
/s/ /s/ Mark Tang, attorney-in-fact for Gang Ye (2026-07-30)
