On what dates did Chen Jingye’s recent Sea Ltd (SE) share sales occur?

The reported Sea Ltd share sales occurred on March 20, 2026 and March 23, 2026. Multiple small transactions were recorded on each date, all classified as open-market sales of Class A ordinary shares by an indirectly owned BVI entity.

Were Chen Jingye’s Sea Ltd (SE) share sales made under a Rule 10b5-1 plan?

Yes. The filing states the sales were made under a Rule 10b5-1 trading plan adopted on August 28, 2025. Such plans pre-schedule trades, indicating these dispositions were planned in advance rather than timed discretionarily to short-term market movements.

Sea Ltd (NYSE: SE) CPO Chen Jingye sells 1,600 shares via plan

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Sea Ltd chief product officer for Shopee, Chen Jingye, reported indirect open-market sales of 1,600 Class A ordinary shares. The trades were executed on March 20, 2026 and March 23, 2026 through a BVI entity at prices between $78.21 and $81.18, under a pre-arranged Rule 10b5-1 trading plan adopted on August 28, 2025.

After these sales, the BVI entity held 237,600 shares indirectly, and Chen also held 9,073,908 shares directly. The filing indicates a modest, pre-planned reduction in holdings rather than a large discretionary sale.

Insider Trade Summary 10b5-1

Net Seller: 1,600 shares ($127,797)

Net Sell 7 txns

Insider Chen Jingye

Role CPO, Shopee

Sold 1,600 shs ($128K)

Type	Security	Shares	Price	Value
Sale	Class A ordinary shares	48	$78.60	$4K
Sale	Class A ordinary shares	420	$80.06	$34K
Sale	Class A ordinary shares	332	$80.40	$27K
Sale	Class A ordinary shares	380	$78.95	$30K
Sale	Class A ordinary shares	354	$80.14	$28K
Sale	Class A ordinary shares	66	$80.85	$5K
holding	Class A ordinary shares	--	--	--

Holdings After Transaction: Class A ordinary shares — 238,352 shares (Indirect, By BVI entity); Class A ordinary shares — 9,073,908 shares (Direct)

Footnotes (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. Represents the weighted average price of shares sold at prices that ranged from $78.65 to $79.63. 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. Represents the weighted average price of shares sold at prices that ranged from $79.66 to $80.64. Represents the weighted average price of shares sold at prices that ranged from $80.70 to $81.03. Represents the weighted average price of shares sold at prices that ranged from $78.21 to $79.03. Represents the weighted average price of shares sold at prices that ranged from $79.59 to $80.20. Represents the weighted average price of shares sold at prices that ranged from $80.21 to $81.18.

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Form 4 Insider Transactions: What Each Field Means →

03/24/2026 - 06:03 AM

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).

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

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)
03/20/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A ordinary shares	03/20/2026		S		380⁽¹⁾	D	$78.95⁽²⁾	238,820	I	By BVI entity
Class A ordinary shares	03/20/2026		S		354⁽¹⁾	D	$80.14⁽³⁾	238,466	I	By BVI entity
Class A ordinary shares	03/20/2026		S		66⁽¹⁾	D	$80.85⁽⁴⁾	238,400	I	By BVI entity
Class A ordinary shares	03/23/2026		S		48⁽¹⁾	D	$78.6⁽⁵⁾	238,352	I	By BVI entity
Class A ordinary shares	03/23/2026		S		420⁽¹⁾	D	$80.06⁽⁶⁾	237,932	I	By BVI entity
Class A ordinary shares	03/23/2026		S		332⁽¹⁾	D	$80.4⁽⁷⁾	237,600	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 $78.65 to $79.63. 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 $79.66 to $80.64.

4. Represents the weighted average price of shares sold at prices that ranged from $80.70 to $81.03.

5. Represents the weighted average price of shares sold at prices that ranged from $78.21 to $79.03.

6. Represents the weighted average price of shares sold at prices that ranged from $79.59 to $80.20.

7. Represents the weighted average price of shares sold at prices that ranged from $80.21 to $81.18.

	/s/ Mark Tang, attorney-in-fact for Jingye Chen	03/24/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Sea Ltd (SE) executive Chen Jingye report in this Form 4?

Chen Jingye reported indirect open-market sales of 1,600 Sea Ltd Class A ordinary shares. The trades were executed by a BVI entity associated with Chen over two days at prices around the upper-$70s to low-$80s per share.

How many Sea Ltd (SE) shares does Chen Jingye hold after these transactions?

After the transactions, the BVI entity associated with Chen held 237,600 shares indirectly, while Chen also held 9,073,908 shares directly. These balances show that the 1,600 shares sold represent a small portion of the overall reported holdings.

At what prices were the Sea Ltd (SE) shares sold by the BVI entity?

The reported Sea Ltd share sales occurred at weighted average prices between $78.21 and $81.18 per share. Footnotes explain that each line reflects average prices over specific ranges and that full price-by-price details are available upon request.

Is the Form 4 for Sea Ltd (SE) a direct or indirect holding change for Chen Jingye?

The reported sales relate to indirect holdings, executed by a BVI entity noted as being controlled by Chen. The Form 4 separately shows a large direct holding balance for Chen, which remains after these relatively small, indirect open-market sales.