=== 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: Ye Gang
CIK: 0001729171
Role: Director, Officer (COO)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A ordinary shares
Date: 2026-08-17 | Code: S (Open market sale)
Shares: -13,686 | Price: $119.63
Total Value: $1,637,256.18
Shares Owned After: 326,314 | 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 $119.06 to $120.05. 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: -16,115 | Price: $120.44
Total Value: $1,940,890.60
Shares Owned After: 310,199 | 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 $120.07 to $121.05.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-08-17 | Code: S (Open market sale)
Shares: -199 | Price: $121.19
Total Value: $24,116.81
Shares Owned After: 310,000 | 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.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -3,163 | Price: $115.66
Total Value: $365,832.58
Shares Owned After: 306,837 | 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 September 4, 2025.
[F4] Represents the weighted average price of shares sold at prices that ranged from $115.13 to $116.10.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -14,313 | Price: $116.67
Total Value: $1,669,897.71
Shares Owned After: 292,524 | 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 $116.13 to $117.129.
[Transaction #6]
Security: Class A ordinary shares
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -2,053 | Price: $117.54
Total Value: $241,309.62
Shares Owned After: 290,471 | 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 $117.13 to $118.05.
[Transaction #7]
Security: Class A ordinary shares
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -471 | Price: $118.29
Total Value: $55,714.59
Shares Owned After: 290,000 | 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.
[F7] Represents the weighted average price of shares sold at prices that ranged from $118.19 to $118.36.
--- 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 $119.06 to $120.05. 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 $120.07 to $121.05.
F4: Represents the weighted average price of shares sold at prices that ranged from $115.13 to $116.10.
F5: Represents the weighted average price of shares sold at prices that ranged from $116.13 to $117.129.
F6: Represents the weighted average price of shares sold at prices that ranged from $117.13 to $118.05.
F7: Represents the weighted average price of shares sold at prices that ranged from $118.19 to $118.36.
--- Signature ---
/s/ /s/ Mark Tang, attorney-in-fact for Gang Ye (2026-08-19)
