=== 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: Wang Yanjun
CIK: 0002113214
Role: Officer (CCO and GC)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A ordinary shares
Date: 2026-08-27 | Code: S (Open market sale)
Shares: -917 | Price: $117.19
Total Value: $107,463.23
Shares Owned After: 20,683 | 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 $116.50 to $117.495. 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: -555 | Price: $117.82
Total Value: $65,390.10
Shares Owned After: 20,128 | 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 $117.50 to $118.39.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-08-27 | Code: S (Open market sale)
Shares: -28 | Price: $118.97
Total Value: $3,331.16
Shares Owned After: 20,100 | 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 $118.54 to $118.99.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-08-28 | Code: S (Open market sale)
Shares: -58 | Price: $118.24
Total Value: $6,857.92
Shares Owned After: 20,042 | 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 $117.80 to $118.66.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-08-28 | Code: S (Open market sale)
Shares: -1,019 | Price: $119.34
Total Value: $121,607.46
Shares Owned After: 19,023 | 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 $118.83 to $119.79.
[Transaction #6]
Security: Class A ordinary shares
Date: 2026-08-28 | Code: S (Open market sale)
Shares: -418 | Price: $120.32
Total Value: $50,293.76
Shares Owned After: 18,605 | 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 $119.80 to $120.75.
[Transaction #7]
Security: Class A ordinary shares
Date: 2026-08-28 | Code: S (Open market sale)
Shares: -5 | Price: $120.82
Total Value: $604.10
Shares Owned After: 18,600 | 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.
--- 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 $116.50 to $117.495. 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 $117.50 to $118.39.
F4: Represents the weighted average price of shares sold at prices that ranged from $118.54 to $118.99.
F5: Represents the weighted average price of shares sold at prices that ranged from $117.80 to $118.66.
F6: Represents the weighted average price of shares sold at prices that ranged from $118.83 to $119.79.
F7: Represents the weighted average price of shares sold at prices that ranged from $119.80 to $120.75.
--- Signature ---
/s/ /s/ Emily Tan, attorney-in-fact for Yanjun Wang (2026-08-31)
