Sea Limited holder Gang Ye reports 4.4% stake

Sea Limited investor Gang Ye has updated his ownership in the company’s Class A ordinary shares.

Rhea-AI Filing Summary

Sea Limited investor Gang Ye has updated his ownership in the company’s Class A ordinary shares. He reports beneficial ownership of 27,267,872 Class A ordinary shares, representing 4.4% of this share class. As of December 31, 2025, Sea Limited had 611,034,168 total ordinary shares outstanding across both Class A and Class B shares. Each Class A share carries one vote and each Class B share carries fifteen votes. Excluding 8,704,719 Class A shares for which he has appointed chairman and chief executive officer Forrest Xiaodong Li as his irrevocable proxy to exercise voting power, the shares beneficially owned by Gang Ye represent approximately 1.5% of the company’s aggregate voting power.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What percentage of Sea Limited (SE) does Gang Ye beneficially own?

Gang Ye beneficially owns 27,267,872 Class A ordinary shares of Sea Limited, which represents 4.4% of the Class A share class.

How much voting power does Gang Ye have in Sea Limited (SE)?

Excluding 8,704,719 Class A shares for which he granted an irrevocable proxy to chairman and CEO Forrest Xiaodong Li, the shares beneficially owned by Gang Ye represent approximately 1.5% of Sea Limited’s total voting power.

How many Sea Limited (SE) shares are outstanding as of December 31, 2025?

As of December 31, 2025, Sea Limited had a total of 611,034,168 ordinary shares outstanding, including all Class A and Class B ordinary shares.

What class of Sea Limited (SE) securities does this Schedule 13G/A cover?

This Schedule 13G/A relates to Class A ordinary shares of Sea Limited, each with a par value of US$0.0005 per share.

How do voting rights differ between Sea Limited’s Class A and Class B shares?

Each Class A ordinary share of Sea Limited is entitled to one vote, while each Class B ordinary share is entitled to fifteen votes.

What is the significance of the irrevocable proxy mentioned for Gang Ye’s shares in Sea Limited (SE)?

The filing states that 8,704,719 Class A ordinary shares held by Gang Ye are subject to an arrangement where he has appointed Forrest Xiaodong Li, the chairman and chief executive officer of Sea Limited, as his irrevocable proxy to exercise the voting power for those shares.

What type of filer is Gang Ye in this Sea Limited (SE) Schedule 13G/A?

Gang Ye is identified with the reporting person type code “IN”, indicating an individual investor, and the filing notes ownership of 5 percent or less of a class of Sea Limited’s securities.

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

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Accepted by SEC EDGAR 01/16/2026 - 04:05 PM EST Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 7)

Sea Limited

(Name of Issuer)

Class A Ordinary Shares, par value US$0.0005 per share

(Title of Class of Securities)

81141R100

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 81141R100

1

Names of Reporting Persons

Gang Ye

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

SINGAPORE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 27,267,872.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 27,267,872.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

27,267,872.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.4 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: The Sole Voting Power includes 8,704,719 Class A Ordinary Shares which Gang Ye ("Mr. Ye") has appointed Mr. Forrest Xiaodong Li, the chairman and chief executive officer of the Issuer, as his irrevocable proxy to exercise voting power. As of December 31, 2025, the Issuer had a total of 611,034,168 ordinary shares of par value US$0.0005 per share ("Shares"), which included all the Class A ordinary shares of par value US$0.0005 per share ("Class A Ordinary Share") and the Class B ordinary shares of par value US$0.0005 per share ("Class B Ordinary Share"). Each Class A Ordinary Share is entitled to one vote, and each Class B Ordinary Share is entitled to fifteen votes. The Shares beneficially owned by Mr. Ye (excluding 8,704,719 Class A Ordinary Shares which Mr. Ye has appointed Mr. Forrest Xiaodong Li as his irrevocable proxy to vote) represent approximately 1.5% of the aggregate voting power of the total issued and outstanding Shares of the Issuer.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Sea Limited
(b)	Address of issuer's principal executive offices: 1 Fusionopolis Place, #17-10, Galaxis, Singapore 138522
Item 2.
(a)	Name of person filing: Gang Ye
(b)	Address or principal business office or, if none, residence: c/o Sea Limited, 1 Fusionopolis Place, #17-10, Galaxis, Singapore 138522
(c)	Citizenship: Singapore
(d)	Title of class of securities: Class A Ordinary Shares, par value US$0.0005 per share
(e)	CUSIP No.: 81141R100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 27,267,872
(b)	Percent of class: 4.4 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 27,267,872
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 27,267,872
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Gang Ye

Signature:	/s/ Gang Ye
Name/Title:	Gang Ye
Date:	01/16/2026