=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-08-13
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: 2026-08-13 | Code: S (Open market sale)
Shares: -353 | Price: $122.56
Total Value: $43,263.68
Shares Owned After: 6,647 | 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 $121.90 to $122.86. 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: 2026-08-13 | Code: S (Open market sale)
Shares: -340 | Price: $123.37
Total Value: $41,945.80
Shares Owned After: 6,307 | 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 $122.91 to $123.89.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-08-13 | Code: S (Open market sale)
Shares: -470 | Price: $124.30
Total Value: $58,421.00
Shares Owned After: 5,837 | 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 $123.90 to $124.89.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-08-13 | Code: S (Open market sale)
Shares: -173 | Price: $125.27
Total Value: $21,671.71
Shares Owned After: 5,664 | 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 $124.90 to $125.81.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-08-13 | Code: S (Open market sale)
Shares: -138 | Price: $126.30
Total Value: $17,429.40
Shares Owned After: 5,526 | 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 $125.90 to $126.81.
[Transaction #6]
Security: Class A ordinary shares
Date: 2026-08-13 | Code: S (Open market sale)
Shares: -26 | Price: $127.45
Total Value: $3,313.70
Shares Owned After: 5,500 | 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.
[Transaction #7]
Security: Class A ordinary shares
Date: 2026-08-14 | Code: S (Open market sale)
Shares: -841 | Price: $121.83
Total Value: $102,459.03
Shares Owned After: 4,659 | 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 $121.25 to $122.23.
[Transaction #8]
Security: Class A ordinary shares
Date: 2026-08-14 | Code: S (Open market sale)
Shares: -585 | Price: $122.59
Total Value: $71,715.15
Shares Owned After: 4,074 | 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 $122.25 to $123.14.
[Transaction #9]
Security: Class A ordinary shares
Date: 2026-08-14 | Code: S (Open market sale)
Shares: -46 | Price: $123.56
Total Value: $5,683.76
Shares Owned After: 4,028 | 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 $123.25 to $123.72.
[Transaction #10]
Security: Class A ordinary shares
Date: 2026-08-14 | Code: S (Open market sale)
Shares: -28 | Price: $125.00
Total Value: $3,500.00
Shares Owned After: 4,000 | 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.
--- 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 $121.90 to $122.86. 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 $122.91 to $123.89.
F4: Represents the weighted average price of shares sold at prices that ranged from $123.90 to $124.89.
F5: Represents the weighted average price of shares sold at prices that ranged from $124.90 to $125.81.
F6: Represents the weighted average price of shares sold at prices that ranged from $125.90 to $126.81.
F7: Represents the weighted average price of shares sold at prices that ranged from $121.25 to $122.23.
F8: Represents the weighted average price of shares sold at prices that ranged from $122.25 to $123.14.
F9: Represents the weighted average price of shares sold at prices that ranged from $123.25 to $123.72.
--- Signature ---
/s/ /s/ Emily Tan, attorney-in-fact for Yanjun Wang (2026-08-17)
