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[Form 4] Sea Ltd Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sea Ltd chief compliance officer and general counsel Wang Yanjun, through a BVI entity he controls, reported open-market sales of 1,600 Class A ordinary shares over March 18–19, 2026 under a pre-arranged Rule 10b5-1 trading plan.

The shares were sold at weighted average prices within ranges from $79.98 to $86.52. After these indirect sales, the BVI entity held 36,400 shares, while Wang also had 1,220,976 shares in direct holdings reported in the filing, indicating the sales represent a small portion of his overall position.

Positive

  • None.

Negative

  • None.
Insider Wang Yanjun
Role CCO and GC
Sold 1,600 shs ($133K)
Type Security Shares Price Value
Sale Class A ordinary shares 458 $80.68 $37K
Sale Class A ordinary shares 311 $81.29 $25K
Sale Class A ordinary shares 31 $82.00 $3K
Sale Class A ordinary shares 614 $84.87 $52K
Sale Class A ordinary shares 171 $85.79 $15K
Sale Class A ordinary shares 15 $86.50 $1K
holding Class A ordinary shares -- -- --
Holdings After Transaction: Class A ordinary shares — 36,400 shares (Indirect, By BVI entity); Class A ordinary shares — 1,220,976 shares (Direct)
Footnotes (7)
  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 September 4, 2025.
  2. F2. Represents the weighted average price of shares sold at prices that ranged from $84.44 to $85.43. 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 $85.44 to $86.40.
  4. F4. Represents the weighted average price of shares sold at prices that ranged from $86.48 to $86.52.
  5. F5. Represents the weighted average price of shares sold at prices that ranged from $79.98 to $80.97.
  6. F6. Represents the weighted average price of shares sold at prices that ranged from $80.98 to $81.96.
  7. F7. Represents the weighted average price of shares sold at prices that ranged from $81.98 to $82.04.

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

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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).
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*
Wang Yanjun
(Last)(First)(Middle)
C/O 1 FUSIONOPOLIS PLACE,
#17-10, GALAXIS
(Street)
SINGAPORESINGAPORE138522
(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)
CCO and GC
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026		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 shares03/18/2026S614(1)D$84.87(2)37,386IBy BVI entity
Class A ordinary shares03/18/2026S171(1)D$85.79(3)37,215IBy BVI entity
Class A ordinary shares03/18/2026S15(1)D$86.5(4)37,200IBy BVI entity
Class A ordinary shares03/19/2026S458(1)D$80.68(5)36,742IBy BVI entity
Class A ordinary shares03/19/2026S311(1)D$81.29(6)36,431IBy BVI entity
Class A ordinary shares03/19/2026S31(1)D$82(7)36,400IBy BVI entity
Class A ordinary shares1,220,976D
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
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 September 4, 2025.
2. Represents the weighted average price of shares sold at prices that ranged from $84.44 to $85.43. 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 $85.44 to $86.40.
4. Represents the weighted average price of shares sold at prices that ranged from $86.48 to $86.52.
5. Represents the weighted average price of shares sold at prices that ranged from $79.98 to $80.97.
6. Represents the weighted average price of shares sold at prices that ranged from $80.98 to $81.96.
7. Represents the weighted average price of shares sold at prices that ranged from $81.98 to $82.04.
/s/ Emily Tan, attorney-in-fact for Yanjun Wang03/20/2026
** 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)

Source: View Original Filing on SEC EDGAR