=== 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: Wang Yanjun
CIK: 0002113214
Role: Officer (CCO and GC)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A ordinary shares
Date: 2026-07-28 | Code: S (Open market sale)
Shares: -283 | Price: $103.51
Total Value: $29,293.33
Shares Owned After: 23,817 | 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 $102.84 to $103.84. 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: -422 | Price: $104.37
Total Value: $44,044.14
Shares Owned After: 23,395 | 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 $103.85 to $104.83.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-07-28 | Code: S (Open market sale)
Shares: -298 | Price: $105.34
Total Value: $31,391.32
Shares Owned After: 23,097 | 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 $104.89 to $105.836.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-07-28 | Code: S (Open market sale)
Shares: -197 | Price: $106.36
Total Value: $20,952.92
Shares Owned After: 22,900 | 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 $105.84 to $106.63.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-07-29 | Code: S (Open market sale)
Shares: -524 | Price: $107.67
Total Value: $56,419.08
Shares Owned After: 22,376 | 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 $107.20 to $108.19.
[Transaction #6]
Security: Class A ordinary shares
Date: 2026-07-29 | Code: S (Open market sale)
Shares: -521 | Price: $108.75
Total Value: $56,658.75
Shares Owned After: 21,855 | 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 $108.25 to $109.19.
[Transaction #7]
Security: Class A ordinary shares
Date: 2026-07-29 | Code: S (Open market sale)
Shares: -455 | Price: $109.83
Total Value: $49,972.65
Shares Owned After: 21,400 | 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.
[F8] Represents the weighted average price of shares sold at prices that ranged from $109.21 to $110.00.
--- 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 $102.84 to $103.84. 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 $104.83.
F4: Represents the weighted average price of shares sold at prices that ranged from $104.89 to $105.836.
F5: Represents the weighted average price of shares sold at prices that ranged from $105.84 to $106.63.
F6: Represents the weighted average price of shares sold at prices that ranged from $107.20 to $108.19.
F7: Represents the weighted average price of shares sold at prices that ranged from $108.25 to $109.19.
F8: Represents the weighted average price of shares sold at prices that ranged from $109.21 to $110.00.
--- Signature ---
/s/ /s/ Emily Tan, attorney-in-fact for Yanjun Wang (2026-07-30)
