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Sea Ltd's Jingye Chen exercises 150,000 options

Sea Ltd (SE) reported that its CPO, Shopee, Jingye Chen, exercised 150,000 share options on October 5, 2026, at an exercise price of $15 per share, acquiring 150,000 Class A ordinary shares.

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Form Type
4

Rhea-AI Filing Summary

Sea Ltd (SE) reported that its CPO, Shopee, Jingye Chen, exercised 150,000 share options on October 5, 2026, at an exercise price of $15 per share, acquiring 150,000 Class A ordinary shares. Following the exercise, reported holdings were 9,276,574 Class A ordinary shares and 850,000 share options. The options were granted February 28, 2018, were fully exercisable, and expire February 28, 2028; no Rule 10b5-1 plan is reported.

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Analyzing...

Insider Chen Jingye
Role CPO, Shopee
Type Security Shares Price Value
In-the-Money Exercise Share options (right to buy) F1 150,000 $0.00 $0.00
In-the-Money Exercise Class A ordinary shares 150,000 $15.00 $2.25M
Holdings After Transaction: Share options (right to buy) — 850,000 contracts (Direct); Class A ordinary shares — 9,276,574 shares (Direct)
Footnotes (1)
  1. F1. The share options were granted on February 28, 2018 and are fully exercisable.
Share options exercised 150,000 options October 5, 2026
Exercise price $15 per share Options exercised October 5, 2026
Class A ordinary shares acquired 150,000 shares October 5, 2026
Class A ordinary shares following transaction 9,276,574 shares Reported after the October 5, 2026 transaction
Share options following transaction 850,000 options Reported after the October 5, 2026 transaction
Share options (right to buy) financial
"Share options (right to buy)"
fully exercisable financial
"are fully exercisable."
Class A ordinary shares financial
"Class A ordinary shares"
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

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How many SE shares did CPO, Shopee, Jingye Chen acquire, and at what price?

Jingye Chen, Sea Ltd's CPO, Shopee, acquired 150,000 Class A ordinary shares by exercising share options at $15 per share on October 5, 2026. Following the exercise, reported holdings were 9,276,574 Class A ordinary shares and 850,000 share options. The options were granted February 28, 2018 and were fully exercisable; no Rule 10b5-1 plan is reported.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Chen Jingye

(Last)(First)(Middle)
C/O 1 FUSIONOPOLIS PLACE,
#17-10, GALAXIS

(Street)
SINGAPORE138522

(City)(State)(Zip)

SINGAPORE

(Country)
2. Issuer Name and Ticker or Trading Symbol
Sea Ltd [ SE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CPO, Shopee
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A ordinary shares10/05/2026X150,000A$159,276,574D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Share options (right to buy)$1510/05/2026X150,000 (1)02/28/2028Class A ordinary shares150,000$0850,000D
Explanation of Responses:
1. The share options were granted on February 28, 2018 and are fully exercisable.
/s/ Mark Tang, attorney-in-fact for Jingye Chen10/07/2026
** Signature of Reporting PersonDate
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 4 (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 4: SEC 1474 (03-26)

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