=== 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: Ye Gang
CIK: 0001729171
Role: Director, Officer (COO)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A ordinary shares
Date: 2026-09-09 | Code: S (Open market sale)
Shares: -12,000 | Price: $108.41
Total Value: $1,300,920.00
Shares Owned After: 746,792 | 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.
[F2] Represents the weighted average price of shares sold at prices that ranged from $107.86 to $108.83. 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: -6,300 | Price: $109.21
Total Value: $688,023.00
Shares Owned After: 740,492 | 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.
[F3] Represents the weighted average price of shares sold at prices that ranged from $108.86 to $109.69.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-09-09 | Code: S (Open market sale)
Shares: -1,200 | Price: $110.57
Total Value: $132,684.00
Shares Owned After: 739,292 | 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 $110.15 to $110.78.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-09-09 | Code: S (Open market sale)
Shares: -500 | Price: $111.39
Total Value: $55,695.00
Shares Owned After: 738,792 | 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.
[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: -16,099 | Price: $107.92
Total Value: $1,737,404.08
Shares Owned After: 722,693 | 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 $107.35 to $108.34.
[Transaction #6]
Security: Class A ordinary shares
Date: 2026-09-10 | Code: S (Open market sale)
Shares: -3,901 | Price: $108.54
Total Value: $423,414.54
Shares Owned After: 718,792 | 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.
[F7] Represents the weighted average price of shares sold at prices that ranged from $108.35 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 September 4, 2025.
F2: Represents the weighted average price of shares sold at prices that ranged from $107.86 to $108.83. 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 $108.86 to $109.69.
F4: Represents the weighted average price of shares sold at prices that ranged from $110.15 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 $107.35 to $108.34.
F7: Represents the weighted average price of shares sold at prices that ranged from $108.35 to $108.75.
--- Signature ---
/s/ /s/ Mark Tang, attorney-in-fact for Gang Ye (2026-09-11)
