Sea Ltd insider sells 1,600 shares under plan

Sea Ltd insider activity shows a BVI entity controlled by CPO Jingye Chen sold a total of 1,600 Class A ordinary shares in open-market trades on March 30–31, 2026, under a pre-arranged Rule 10b5-1 trading plan.

Rhea-AI Filing Summary

Sea Ltd insider activity shows a BVI entity controlled by CPO Jingye Chen sold a total of 1,600 Class A ordinary shares in open-market trades on March 30–31, 2026, under a pre-arranged Rule 10b5-1 trading plan. Sale prices ranged from about $77.99 to $82.93 per share. After these sales, indirect holdings reported for the entity were 232,800 shares, while Chen also reported 9,073,908 shares held directly.

Insider Trade Summary 10b5-1

Net Seller: 1,600 shares

Net Sell 6 txns

Insider Chen Jingye

Role CPO, Shopee

Sold 1,600 shs ($128K)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares	249	$80.81	$20K
Sale	Class A ordinary shares	132	$81.31	$11K
Sale	Class A ordinary shares	419	$82.57	$35K
Sale	Class A ordinary shares	656	$78.45	$51K
Sale	Class A ordinary shares	144	$79.23	$11K
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 232,800 shares (Indirect, By BVI entity); Class A ordinary shares — 9,073,908 shares (Direct)

Footnotes (6)

1. F1. The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on August 28, 2025.
2. F2. Represents the weighted average price of shares sold at prices that ranged from $77.99 to $78.97. 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.
3. F3. Represents the weighted average price of shares sold at prices that ranged from $78.99 to $79.55.
4. F4. Represents the weighted average price of shares sold at prices that ranged from $80.09 to $81.08.
5. F5. Represents the weighted average price of shares sold at prices that ranged from $81.09 to $81.92.
6. F6. Represents the weighted average price of shares sold at prices that ranged from $82.20 to $82.93.

Key Figures

Shares sold: 1,600 shares Sale price range: $77.99–$82.93 per share Indirect holdings after trades: 232,800 shares +2 more

5 metrics

Shares sold 1,600 shares Total Class A ordinary shares sold on March 30–31, 2026

Sale price range $77.99–$82.93 per share Weighted average price ranges cited in footnotes

Indirect holdings after trades 232,800 shares Indirect Class A ordinary shares held by BVI entity after final sale

Direct holdings reported 9,073,908 shares Direct Class A ordinary shares held after March 30, 2026 entry

Example sale price $80.81 per share Price for a 249-share open-market sale on March 31, 2026

Key Terms

Rule 10b5-1 trading plan, Class A ordinary shares, weighted average price, open-market sale, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

Class A ordinary shares financial

"security_title": "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.

weighted average price financial

"Represents the weighted average price of shares sold at prices that ranged"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

indirect ownership financial

"direct_or_indirect": "I","nature_of_ownership": "By BVI entity""

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/01/2026 - 06:05 AM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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).

X

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)

SINGAPORE SINGAPORE 138522

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CPO, Shopee

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A ordinary shares	03/30/2026		S		656(1)	D	$78.45(2)	233,744	I	By BVI entity
Class A ordinary shares	03/30/2026		S		144(1)	D	$79.23(3)	233,600	I	By BVI entity
Class A ordinary shares	03/31/2026		S		249(1)	D	$80.81(4)	233,351	I	By BVI entity
Class A ordinary shares	03/31/2026		S		132(1)	D	$81.31(5)	233,219	I	By BVI entity
Class A ordinary shares	03/31/2026		S		419(1)	D	$82.57(6)	232,800	I	By BVI entity
Class A ordinary shares								9,073,908	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by the Reporting Person on August 28, 2025.

2. Represents the weighted average price of shares sold at prices that ranged from $77.99 to $78.97. 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.

3. Represents the weighted average price of shares sold at prices that ranged from $78.99 to $79.55.

4. Represents the weighted average price of shares sold at prices that ranged from $80.09 to $81.08.

5. Represents the weighted average price of shares sold at prices that ranged from $81.09 to $81.92.

6. Represents the weighted average price of shares sold at prices that ranged from $82.20 to $82.93.

	/s/ Mark Tang, attorney-in-fact for Jingye Chen	04/01/2026
	** 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 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)