=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-09-17
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: 2026-09-17 | Code: S (Open market sale)
Shares: -18,691 | Price: $101.23
Total Value: $1,892,089.93
Shares Owned After: 101,309 | 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 $100.63 to $101.62. 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: 2026-09-17 | Code: S (Open market sale)
Shares: -10,409 | Price: $101.90
Total Value: $1,060,677.10
Shares Owned After: 90,900 | 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.
[F3] Represents the weighted average price of shares sold at prices that ranged from $101.64 to $102.59.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-09-17 | Code: S (Open market sale)
Shares: -900 | Price: $103.01
Total Value: $92,709.00
Shares Owned After: 90,000 | 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 $102.80 to $103.17.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-09-18 | Code: S (Open market sale)
Shares: -4,262 | Price: $100.24
Total Value: $427,222.88
Shares Owned After: 85,738 | 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 $99.58 to $100.52.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-09-18 | Code: S (Open market sale)
Shares: -5,105 | Price: $101.10
Total Value: $516,115.50
Shares Owned After: 80,633 | 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 $100.59 to $101.57.
[Transaction #6]
Security: Class A ordinary shares
Date: 2026-09-18 | Code: S (Open market sale)
Shares: -20,633 | Price: $101.88
Total Value: $2,102,090.04
Shares Owned After: 60,000 | 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 $101.59 to $102.49.
--- 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 $100.63 to $101.62. 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 $101.64 to $102.59.
F4: Represents the weighted average price of shares sold at prices that ranged from $102.80 to $103.17.
F5: Represents the weighted average price of shares sold at prices that ranged from $99.58 to $100.52.
F6: Represents the weighted average price of shares sold at prices that ranged from $100.59 to $101.57.
F7: Represents the weighted average price of shares sold at prices that ranged from $101.59 to $102.49.
--- Signature ---
/s/ /s/ Mark Tang, attorney-in-fact for Jingye Chen (2026-09-21)
