=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-09-04
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: 2026-09-04 | Code: S (Open market sale)
Shares: -6,481 | Price: $112.66
Total Value: $730,149.46
Shares Owned After: 792,311 | 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 $112.14 to $113.1397. 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: 2026-09-04 | Code: S (Open market sale)
Shares: -12,129 | Price: $113.52
Total Value: $1,376,884.08
Shares Owned After: 780,182 | 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 $113.14 to $114.138.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-09-04 | Code: S (Open market sale)
Shares: -1,390 | Price: $114.34
Total Value: $158,932.60
Shares Owned After: 778,792 | 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 $114.14 to $114.68.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-09-08 | Code: S (Open market sale)
Shares: -2,722 | Price: $110.72
Total Value: $301,379.84
Shares Owned After: 776,070 | 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 $110.19 to $111.17.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-09-08 | Code: S (Open market sale)
Shares: -2,020 | Price: $111.87
Total Value: $225,977.40
Shares Owned After: 774,050 | 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 $111.21 to $112.17.
[Transaction #6]
Security: Class A ordinary shares
Date: 2026-09-08 | Code: S (Open market sale)
Shares: -6,495 | Price: $112.80
Total Value: $732,636.00
Shares Owned After: 767,555 | 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 $112.20 to $113.19.
[Transaction #7]
Security: Class A ordinary shares
Date: 2026-09-08 | Code: S (Open market sale)
Shares: -8,763 | Price: $113.49
Total Value: $994,512.87
Shares Owned After: 758,792 | 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.
[F8] Represents the weighted average price of shares sold at prices that ranged from $113.1905 to $114.10.
--- 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 $112.14 to $113.1397. 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 $113.14 to $114.138.
F4: Represents the weighted average price of shares sold at prices that ranged from $114.14 to $114.68.
F5: Represents the weighted average price of shares sold at prices that ranged from $110.19 to $111.17.
F6: Represents the weighted average price of shares sold at prices that ranged from $111.21 to $112.17.
F7: Represents the weighted average price of shares sold at prices that ranged from $112.20 to $113.19.
F8: Represents the weighted average price of shares sold at prices that ranged from $113.1905 to $114.10.
--- Signature ---
/s/ /s/ Mark Tang, attorney-in-fact for Gang Ye (2026-09-09)
