=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-09-02
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: 2026-09-02 | Code: S (Open market sale)
Shares: -9,168 | Price: $112.23
Total Value: $1,028,924.64
Shares Owned After: 249,624 | 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 $111.49 to $112.48. 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: 2026-09-02 | Code: S (Open market sale)
Shares: -10,832 | Price: $112.67
Total Value: $1,220,441.44
Shares Owned After: 238,792 | 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.
[F3] Represents the weighted average price of shares sold at prices that ranged from $112.49 to $113.09.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-09-03 | Code: S (Open market sale)
Shares: -2,300 | Price: $112.14
Total Value: $257,922.00
Shares Owned After: 236,492 | 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 $111.53 to $112.51.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-09-03 | Code: S (Open market sale)
Shares: -10,104 | Price: $113.15
Total Value: $1,143,267.60
Shares Owned After: 226,388 | 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 $112.55 to $113.52.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-09-03 | Code: S (Open market sale)
Shares: -7,596 | Price: $113.93
Total Value: $865,412.28
Shares Owned After: 218,792 | 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 $113.53 to $114.32.
--- 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 $111.49 to $112.48. 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 $112.49 to $113.09.
F4: Represents the weighted average price of shares sold at prices that ranged from $111.53 to $112.51.
F5: Represents the weighted average price of shares sold at prices that ranged from $112.55 to $113.52.
F6: Represents the weighted average price of shares sold at prices that ranged from $113.53 to $114.32.
--- Signature ---
/s/ /s/ Mark Tang, attorney-in-fact for Gang Ye (2026-09-04)
