=== 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: Ye Gang
CIK: 0001729171
Role: Director, Officer (COO)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A ordinary shares
Date: 2026-09-17 | Code: S (Open market sale)
Shares: -9,735 | Price: $101.38
Total Value: $986,934.30
Shares Owned After: 629,057 | 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 May 21, 2026.
[F2] Represents the weighted average price of shares sold at prices that ranged from $100.76 to $101.75. 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: -9,601 | Price: $102.02
Total Value: $979,494.02
Shares Owned After: 619,456 | 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 May 21, 2026.
[F3] Represents the weighted average price of shares sold at prices that ranged from $101.76 to $102.65.
[Transaction #3]
Security: Class A ordinary shares
Date: 2026-09-17 | Code: S (Open market sale)
Shares: -458 | Price: $102.96
Total Value: $47,155.68
Shares Owned After: 618,998 | 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 May 21, 2026.
[F4] Represents the weighted average price of shares sold at prices that ranged from $102.76 to $103.20.
[Transaction #4]
Security: Class A ordinary shares
Date: 2026-09-17 | Code: S (Open market sale)
Shares: -206 | Price: $104.76
Total Value: $21,580.56
Shares Owned After: 618,792 | 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 May 21, 2026.
[Transaction #5]
Security: Class A ordinary shares
Date: 2026-09-18 | Code: S (Open market sale)
Shares: -17,480 | Price: $101.95
Total Value: $1,782,086.00
Shares Owned After: 601,312 | 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 May 21, 2026.
[F5] Represents the weighted average price of shares sold at prices that ranged from $101.37 to $102.36.
[Transaction #6]
Security: Class A ordinary shares
Date: 2026-09-18 | Code: S (Open market sale)
Shares: -2,520 | Price: $102.41
Total Value: $258,073.20
Shares Owned After: 598,792 | 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 May 21, 2026.
[F6] Represents the weighted average price of shares sold at prices that ranged from $102.37 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 May 21, 2026.
F2: Represents the weighted average price of shares sold at prices that ranged from $100.76 to $101.75. 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 $101.76 to $102.65.
F4: Represents the weighted average price of shares sold at prices that ranged from $102.76 to $103.20.
F5: Represents the weighted average price of shares sold at prices that ranged from $101.37 to $102.36.
F6: Represents the weighted average price of shares sold at prices that ranged from $102.37 to $102.49.
--- Signature ---
/s/ /s/ Mark Tang, attorney-in-fact for Gang Ye (2026-09-21)
