=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-09-11
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: 2026-09-11 | Code: S (Open market sale)
Shares: -14,833 | Price: $106.95
Total Value: $1,586,389.35
Shares Owned After: 225,167 | 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 $106.56 to $107.55. 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: 2026-09-11 | Code: S (Open market sale)
Shares: -13,447 | Price: $107.97
Total Value: $1,451,872.59
Shares Owned After: 211,720 | 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 $107.56 to $108.54.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-09-11 | Code: S (Open market sale)
Shares: -1,720 | Price: $108.75
Total Value: $187,050.00
Shares Owned After: 210,000 | 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.
[F4] Represents the weighted average price of shares sold at prices that ranged from $108.56 to $109.09.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-09-14 | Code: S (Open market sale)
Shares: -3,700 | Price: $105.27
Total Value: $389,499.00
Shares Owned After: 206,300 | 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 $104.83 to $105.78.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-09-14 | Code: S (Open market sale)
Shares: -4,700 | Price: $106.25
Total Value: $499,375.00
Shares Owned After: 201,600 | 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 June 10, 2026.
[F6] Represents the weighted average price of shares sold at prices that ranged from $105.85 to $106.75.
[Transaction #6]
Security: Class A ordinary shares
Date: 2026-09-14 | Code: S (Open market sale)
Shares: -2,200 | Price: $107.38
Total Value: $236,236.00
Shares Owned After: 199,400 | 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 $106.90 to $107.80.
[Transaction #7]
Security: Class A ordinary shares
Date: 2026-09-14 | Code: S (Open market sale)
Shares: -10,800 | Price: $108.50
Total Value: $1,171,800.00
Shares Owned After: 188,600 | 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 June 10, 2026.
[F8] Represents the weighted average price of shares sold at prices that ranged from $107.97 to $108.82.
[Transaction #8]
Security: Class A ordinary shares
Date: 2026-09-14 | Code: S (Open market sale)
Shares: -5,600 | Price: $109.19
Total Value: $611,464.00
Shares Owned After: 183,000 | 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.
[F9] Represents the weighted average price of shares sold at prices that ranged from $108.83 to $109.81.
[Transaction #9]
Security: Class A ordinary shares
Date: 2026-09-14 | Code: S (Open market sale)
Shares: -3,000 | Price: $109.97
Total Value: $329,910.00
Shares Owned After: 180,000 | 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.
[F10] Represents the weighted average price of shares sold at prices that ranged from $109.83 to $110.10.
--- 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 June 10, 2026.
F10: Represents the weighted average price of shares sold at prices that ranged from $109.83 to $110.10.
F2: Represents the weighted average price of shares sold at prices that ranged from $106.56 to $107.55. 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 $107.56 to $108.54.
F4: Represents the weighted average price of shares sold at prices that ranged from $108.56 to $109.09.
F5: Represents the weighted average price of shares sold at prices that ranged from $104.83 to $105.78.
F6: Represents the weighted average price of shares sold at prices that ranged from $105.85 to $106.75.
F7: Represents the weighted average price of shares sold at prices that ranged from $106.90 to $107.80.
F8: Represents the weighted average price of shares sold at prices that ranged from $107.97 to $108.82.
F9: Represents the weighted average price of shares sold at prices that ranged from $108.83 to $109.81.
--- Signature ---
/s/ /s/ Mark Tang, attorney-in-fact for Jingye Chen (2026-09-15)
