Sea Ltd (NYSE: SE) president details large share and option holdings

Rhea-AI Filing Summary

Sea Ltd President Feng Zhimin has filed an initial ownership report detailing his equity position in the company. He holds share options over 3,000,000 Class A ordinary shares at an exercise price of 15.0000 expiring on February 28, 2028, 4,000,000 similar options at 15.0000 expiring on February 28, 2029, and 2,400,000 options at 120.0000 expiring on April 17, 2032, all described as fully exercisable in the footnotes. In addition, he directly owns 1,002,103 Class A ordinary shares and indirectly owns 300,000 Class A ordinary shares through a BVI entity.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Feng Zhimin

(Last) (First) (Middle)

C/O 1 FUSIONOPOLIS PLACE,

#17-10, GALAXIS

(Street)

SINGAPORE SINGAPORE 138522

(City) (State) (Zip)

SINGAPORE

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Sea Ltd [ SE ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A ordinary shares	1,002,103	D
Class A ordinary shares	300,000	I	By BVI entity

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Share options (right to buy)	(1)	02/28/2028	Class A ordinary shares	3,000,000	$15	D
Share options (right to buy)	(2)	02/28/2029	Class A ordinary shares	4,000,000	$15	D
Share options (right to buy)	(3)	04/17/2032	Class A ordinary shares	2,400,000	$120	D

Explanation of Responses:

1. The share options were granted on February 28, 2018 and are fully exercisable.

2. The share options were granted on February 28, 2019 and are fully exercisable.

3. The share options were granted on April 17, 2022 and are fully exercisable.

	/s/ Emily Tan, attorney-in-fact for Zhimin Feng	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Sea Ltd (SE) President Feng Zhimin report on this Form 3?

He reports his existing equity stake in Sea Ltd, including share options and ordinary shares. This filing establishes his baseline ownership position as an officer, rather than showing new purchases or sales of the company’s stock.

How many Sea Ltd (SE) share options does Feng Zhimin hold?

He holds options over 3,000,000 Class A ordinary shares at 15.0000 expiring in 2028, 4,000,000 at 15.0000 expiring in 2029, and 2,400,000 at 120.0000 expiring in 2032, all noted as fully exercisable.

What direct share ownership in Sea Ltd (SE) does Feng Zhimin disclose?

He discloses direct ownership of 1,002,103 Class A ordinary shares. This represents his personal share position separate from options and any indirect holdings through other entities associated with him.

What indirect Sea Ltd (SE) holdings does Feng Zhimin have?

He reports indirect ownership of 300,000 Class A ordinary shares held "By BVI entity." This indicates the shares are owned through a separate entity, rather than registered directly in his own name.

Are Feng Zhimin’s Sea Ltd share options currently exercisable?

Yes. Footnotes state the share options granted in 2018, 2019, and 2022 are fully exercisable. This means he can convert these options into Class A ordinary shares at the specified exercise prices.