=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-09-09
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: Sea Ltd (SE)
CIK: 0001703399
--- Reporting Owner ---
Name: Chen Jingye
CIK: 0001965706
Role: Officer (CPO, Shopee)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A ordinary shares
Date: 2026-09-09 | Code: S (Open market sale)
Shares: -18,299 | Price: $108.41
Total Value: $1,983,794.59
Shares Owned After: 281,701 | 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 June 10, 2026.
[F2] Represents the weighted average price of shares sold at prices that ranged from $107.86 to $108.85. 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: 2026-09-09 | Code: S (Open market sale)
Shares: -9,001 | Price: $109.23
Total Value: $983,179.23
Shares Owned After: 272,700 | 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 June 10, 2026.
[F3] Represents the weighted average price of shares sold at prices that ranged from $108.87 to $109.70.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-09-09 | Code: S (Open market sale)
Shares: -2,000 | Price: $110.59
Total Value: $221,180.00
Shares Owned After: 270,700 | 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 June 10, 2026.
[F4] Represents the weighted average price of shares sold at prices that ranged from $110.11 to $110.78.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-09-09 | Code: S (Open market sale)
Shares: -700 | Price: $111.42
Total Value: $77,994.00
Shares Owned After: 270,000 | 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 June 10, 2026.
[F5] Represents the weighted average price of shares sold at prices that ranged from $110.99 to $111.83.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-09-10 | Code: S (Open market sale)
Shares: -22,394 | Price: $107.90
Total Value: $2,416,312.60
Shares Owned After: 247,606 | 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 June 10, 2026.
[F6] Represents the weighted average price of shares sold at prices that ranged from $107.31 to $108.30.
[Transaction #6]
Security: Class A ordinary shares
Date: 2026-09-10 | Code: S (Open market sale)
Shares: -7,606 | Price: $108.50
Total Value: $825,251.00
Shares Owned After: 240,000 | 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 June 10, 2026.
[F7] Represents the weighted average price of shares sold at prices that ranged from $108.31 to $108.75.
--- 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 June 10, 2026.
F2: Represents the weighted average price of shares sold at prices that ranged from $107.86 to $108.85. 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 $108.87 to $109.70.
F4: Represents the weighted average price of shares sold at prices that ranged from $110.11 to $110.78.
F5: Represents the weighted average price of shares sold at prices that ranged from $110.99 to $111.83.
F6: Represents the weighted average price of shares sold at prices that ranged from $107.31 to $108.30.
F7: Represents the weighted average price of shares sold at prices that ranged from $108.31 to $108.75.
--- Signature ---
/s/ /s/ Mark Tang, attorney-in-fact for Jingye Chen (2026-09-11)
