Sea

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-09-15 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: 2026-09-15 | Code: S (Open market sale) Shares: -11,700 | Price: $103.30 Total Value: $1,208,610.00 Shares Owned After: 168,300 | 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. [F2] Represents the weighted average price of shares sold at prices that ranged from $102.59 to $103.58. 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: 2026-09-15 | Code: S (Open market sale) Shares: -14,600 | Price: $103.81 Total Value: $1,515,626.00 Shares Owned After: 153,700 | 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 $103.59 to $104.55. [Transaction #3] Security: Class A ordinary shares Date: 2026-09-15 | Code: S (Open market sale) Shares: -1,800 | Price: $105.08 Total Value: $189,144.00 Shares Owned After: 151,900 | 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 $104.60 to $105.56. [Transaction #4] Security: Class A ordinary shares Date: 2026-09-15 | Code: S (Open market sale) Shares: -1,900 | Price: $106.04 Total Value: $201,476.00 Shares Owned After: 150,000 | 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 $105.71 to $106.49. [Transaction #5] Security: Class A ordinary shares Date: 2026-09-16 | Code: S (Open market sale) Shares: -6,863 | Price: $103.26 Total Value: $708,673.38 Shares Owned After: 143,137 | 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 $102.68 to $103.67. [Transaction #6] Security: Class A ordinary shares Date: 2026-09-16 | Code: S (Open market sale) Shares: -15,437 | Price: $104.07 Total Value: $1,606,528.59 Shares Owned After: 127,700 | 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. [F7] Represents the weighted average price of shares sold at prices that ranged from $103.69 to $104.67. [Transaction #7] Security: Class A ordinary shares Date: 2026-09-16 | Code: S (Open market sale) Shares: -7,700 | Price: $105.03 Total Value: $808,731.00 Shares Owned After: 120,000 | 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. [F8] Represents the weighted average price of shares sold at prices that ranged from $104.68 to $105.30. [Transaction #8] Security: Class A ordinary shares Date: 2026-09-16 | Code: X (Exercise of ITM/ATM derivative) Shares: +150,000 | Price: $15.00 Total Value: $2,250,000.00 Shares Owned After: 9,126,574 | Ownership: D (Direct) --- Derivative Transactions --- [Transaction #1] Security: Share options (right to buy) Date: 2026-09-16 | Code: X (Exercise of ITM/ATM derivative) Shares: -150,000 | Price: $0.00 Exercise Price: $15.00 Exercisable: N/A | Expires: 2028-02-28 Shares Owned After: 1,000,000 | Ownership: D (Direct) Footnotes: [F9] The share options were granted on February 28, 2018 and are fully exercisable. --- 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 $102.59 to $103.58. 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 $103.59 to $104.55. F4: Represents the weighted average price of shares sold at prices that ranged from $104.60 to $105.56. F5: Represents the weighted average price of shares sold at prices that ranged from $105.71 to $106.49. F6: Represents the weighted average price of shares sold at prices that ranged from $102.68 to $103.67. F7: Represents the weighted average price of shares sold at prices that ranged from $103.69 to $104.67. F8: Represents the weighted average price of shares sold at prices that ranged from $104.68 to $105.30. F9: The share options were granted on February 28, 2018 and are fully exercisable. --- Signature --- /s/ /s/ Mark Tang, attorney-in-fact for Jingye Chen (2026-09-17)