=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-08-17
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: 2026-08-17 | Code: S (Open market sale)
Shares: -1,248 | Price: $119.74
Total Value: $149,435.52
Shares Owned After: 32,352 | 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 $119.16 to $120.15. 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: 2026-08-17 | Code: S (Open market sale)
Shares: -241 | Price: $120.52
Total Value: $29,045.32
Shares Owned After: 32,111 | 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.
[F3] Represents the weighted average price of shares sold at prices that ranged from $120.16 to $121.05.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-08-17 | Code: S (Open market sale)
Shares: -11 | Price: $121.21
Total Value: $1,333.31
Shares Owned After: 32,100 | 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 $121.19 to $121.24.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -177 | Price: $115.46
Total Value: $20,436.42
Shares Owned After: 31,923 | 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 $114.98 to $115.89.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -980 | Price: $116.59
Total Value: $114,258.20
Shares Owned After: 30,943 | 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 $115.98 to $116.97.
[Transaction #6]
Security: Class A ordinary shares
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -290 | Price: $117.27
Total Value: $34,008.30
Shares Owned After: 30,653 | 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 $116.98 to $117.96.
[Transaction #7]
Security: Class A ordinary shares
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -53 | Price: $118.20
Total Value: $6,264.60
Shares Owned After: 30,600 | 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.
[F8] Represents the weighted average price of shares sold at prices that ranged from $118.00 to $118.34.
--- 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 $119.16 to $120.15. 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 $120.16 to $121.05.
F4: Represents the weighted average price of shares sold at prices that ranged from $121.19 to $121.24.
F5: Represents the weighted average price of shares sold at prices that ranged from $114.98 to $115.89.
F6: Represents the weighted average price of shares sold at prices that ranged from $115.98 to $116.97.
F7: Represents the weighted average price of shares sold at prices that ranged from $116.98 to $117.96.
F8: Represents the weighted average price of shares sold at prices that ranged from $118.00 to $118.34.
--- Signature ---
/s/ /s/ Emily Tan, attorney-in-fact for Yanjun Wang (2026-08-19)
