=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-08-27
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: 2026-08-27 | Code: S (Open market sale)
Shares: -12,972 | Price: $117.24
Total Value: $1,520,837.28
Shares Owned After: 335,820 | 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 $116.61 to $117.61. 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: 2026-08-27 | Code: S (Open market sale)
Shares: -6,656 | Price: $117.92
Total Value: $784,875.52
Shares Owned After: 329,164 | 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 $117.62 to $118.35.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-08-27 | Code: S (Open market sale)
Shares: -372 | Price: $118.99
Total Value: $44,264.28
Shares Owned After: 328,792 | 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.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-08-28 | Code: S (Open market sale)
Shares: -577 | Price: $118.13
Total Value: $68,161.01
Shares Owned After: 328,215 | 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 $117.80 to $118.77.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-08-28 | Code: S (Open market sale)
Shares: -13,848 | Price: $119.35
Total Value: $1,652,758.80
Shares Owned After: 314,367 | 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 $118.82 to $119.7994.
[Transaction #6]
Security: Class A ordinary shares
Date: 2026-08-28 | Code: S (Open market sale)
Shares: -15,575 | Price: $120.30
Total Value: $1,873,672.50
Shares Owned After: 298,792 | 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.
[F6] Represents the weighted average price of shares sold at prices that ranged from $119.80 to $120.78.
--- 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 $116.61 to $117.61. 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 $117.62 to $118.35.
F4: Represents the weighted average price of shares sold at prices that ranged from $117.80 to $118.77.
F5: Represents the weighted average price of shares sold at prices that ranged from $118.82 to $119.7994.
F6: Represents the weighted average price of shares sold at prices that ranged from $119.80 to $120.78.
--- Signature ---
/s/ /s/ Mark Tang, attorney-in-fact for Gang Ye (2026-08-31)