=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-08-21
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: 2026-08-21 | Code: S (Open market sale)
Shares: -3,820 | Price: $116.87
Total Value: $446,443.40
Shares Owned After: 444,972 | 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 $116.26 to $117.26. 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: 2026-08-21 | Code: S (Open market sale)
Shares: -14,747 | Price: $117.90
Total Value: $1,738,671.30
Shares Owned After: 430,225 | 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 $117.27 to $118.26.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-08-21 | Code: S (Open market sale)
Shares: -1,433 | Price: $118.35
Total Value: $169,595.55
Shares Owned After: 428,792 | 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 $118.27 to $118.63.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-08-24 | Code: S (Open market sale)
Shares: -4,859 | Price: $114.98
Total Value: $558,687.82
Shares Owned After: 423,933 | 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 $114.40 to $115.39.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-08-24 | Code: S (Open market sale)
Shares: -9,064 | Price: $115.97
Total Value: $1,051,152.08
Shares Owned After: 414,869 | 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 $115.41 to $116.40.
[Transaction #6]
Security: Class A ordinary shares
Date: 2026-08-24 | Code: S (Open market sale)
Shares: -6,077 | Price: $116.61
Total Value: $708,638.97
Shares Owned After: 408,792 | 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 $116.41 to $117.00.
--- 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 September 4, 2025.
F2: Represents the weighted average price of shares sold at prices that ranged from $116.26 to $117.26. 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 $117.27 to $118.26.
F4: Represents the weighted average price of shares sold at prices that ranged from $118.27 to $118.63.
F5: Represents the weighted average price of shares sold at prices that ranged from $114.40 to $115.39.
F6: Represents the weighted average price of shares sold at prices that ranged from $115.41 to $116.40.
F7: Represents the weighted average price of shares sold at prices that ranged from $116.41 to $117.00.
--- Signature ---
/s/ /s/ Mark Tang, attorney-in-fact for Gang Ye (2026-08-25)
