SEC FORM 3

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Sea Ltd (0001703399) (Issuer)","image":["https://www.sec.gov/files/sec-logo.png"],"datePublished":"2026-03-18 10:52:22.000000","dateModified":"2026-03-18 10:54:39.370631","articleSection":"INSIDER","keywords":"Quantisnow, SE","author":{"@type":"Organization","name":"INSIDER"},"sourceOrganization":{"@type":"Organization","name":"INSIDER"},"publisher":{"@id":"https://www.quantisnow.com#organization"},"provider":{"@id":"https://www.quantisnow.com#organization"},"copyrightHolder":{"@id":"https://www.quantisnow.com#organization"},"creditText":"Delivered by Quantisnow (Wall Street's wire, on your screen.)","isPartOf":{"@id":"https://www.quantisnow.com#website"},"isAccessibleForFree":true},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Quantisnow","item":"https://www.quantisnow.com/"},{"@type":"ListItem","position":2,"name":"News","item":"https://www.quantisnow.com/news"},{"@type":"ListItem","position":3,"name":"SEC Form 3 filed by new insider Zhao Feng","item":"https://www.quantisnow.com/insight/sec-form-3-filed-by-new-insider-zhao-feng-6454729"}]},{"@context":"https://schema.org","@type":"Organization","@id":"https://www.quantisnow.com#organization","name":"Quantisnow","legalName":"Quantisnow, Inc.","url":"https://www.quantisnow.com","logo":"https://www.quantisnow.com/logo-512.png","description":"Fastest customizable news feed in the world. 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FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Zhao Feng

(Last)

(First)

(Middle)

C/O 1 FUSIONOPOLIS PLACE,

#17-10, GALAXIS

(Street)

SINGAPORE

138522

(City)

(State)

(Zip)

SINGAPORE

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Sea Ltd [ SE ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President of Garena

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A ordinary shares	1,688,262	D
Class A ordinary shares	150,000	I	By BVI entity

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Share options (right to buy)	⁽¹⁾	01/31/2029	Class A ordinary shares	300,000	$15	D
Share options (right to buy)	⁽²⁾	04/17/2032	Class A ordinary shares	3,000,000	$120	D

Explanation of Responses:

1. The share options were granted on January 31, 2019 and are fully exercisable.

2. The share options were granted on April 17, 2022 and will be fully exercisable on April 30, 2027.

	/s/ Emily Tan, attorney-in-fact for Feng Zhao	03/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)

63:["$","div",null,{"className":"mb-4 flex items-center gap-3","children":[["$","$L6f",null,{"item":{"id":6454729,"title":"SEC Form 3 filed by new insider Zhao Feng","summary":"3 - Sea Ltd (0001703399) (Issuer)","link":"https://www.sec.gov/Archives/edgar/data/control/000119312526112356/0001193125-26-112356-index.htm","imgUrl":"https://www.sec.gov/files/sec-logo.png","publishedAt":"2026-03-18 10:52:22.000000","discoveredAt":"2026-03-18 10:54:39.370631","parser":6,"category":15,"text":null,"html":"$70","companies":[{"id":54425,"ticker":"SE","name":"Sea Limited","website":"sea.com","sector":"Consumer Discretionary","industry":"Other Consumer Services"}]},"showLabel":true}],"$L71","$L72","$L73"]}] 64:["$","div",null,{"className":"flex flex-col items-start gap-2 sm:flex-row sm:gap-3","children":[["$","div",null,{"className":"flex shrink-0 -space-x-1.5 sm:pt-1.5","children":[[["$","div","54425",{"className":"relative h-7 w-7 shrink-0 overflow-hidden rounded-md border border-border bg-surface ring-2 ring-background sm:h-11 sm:w-11","title":"SE","children":["$","$L74",null,{"website":"sea.com","ticker":"SE","name":"Sea Limited","size":"md","chromeless":true}]}]],null]}],["$","div",null,{"className":"min-w-0","children":[["$","h1",null,{"className":"font-display max-w-[62ch] text-balance text-[32px] leading-[1.08] text-foreground sm:text-[44px]","children":"SEC Form 3 filed by new insider Zhao Feng"}],["$","div",null,{"className":"mt-4 flex flex-wrap items-center gap-x-2 gap-y-1 text-[13px] text-muted-foreground","children":[["$","span",null,{"children":"By"}],["$","$L2c",null,{"ref":"$undefined","prefetch":false,"href":"/","rel":"publisher author","className":"font-medium text-foreground transition-colors hover:text-brand-glow","children":["Quantisnow",["$","$L2f",null,{}]]}],["$","span",null,{"className":"text-dim-foreground","children":"·"}],["$","span",null,{"className":"text-dim-foreground","children":"Wall Street's wire, on your screen."}]]}]]}]]}] 65:["$","div",null,{"className":"mt-7 flex flex-wrap items-center gap-x-4 gap-y-2 border-y border-hairline py-3.5","children":[["$","div",null,{"className":"flex flex-wrap items-center gap-1.5","children":[["$","$L2c","54425",{"ref":"$undefined","prefetch":false,"href":"/company/SE","className":"inline-flex h-7 items-center gap-1.5 rounded-full border border-hairline-strong bg-surface/60 px-3 text-[13px] font-medium text-foreground transition-colors hover:border-brand/50","children":[[["$","span",null,{"className":"font-mono","children":"SE"}],["$","span",null,{"className":"font-normal text-dim-foreground","children":"Sea Limited"}]],["$","$L2f",null,{}]]}]]}],["$","div",null,{"className":"ml-auto flex flex-wrap gap-1.5","children":[["$","span","Consumer Discretionary",{"className":"text-[13px] text-dim-foreground","children":"Consumer Discretionary"}]]}]]}] 66:["$","$L76",null,{"insightId":"6454729","iso":"2026-03-18 10:52:22.000000"}] 79:T3773,SEC FORM 3SEC Form 3

FORM 3

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Zhao Feng

(Last)

(First)

(Middle)

C/O 1 FUSIONOPOLIS PLACE,

#17-10, GALAXIS

(Street)

SINGAPORE

138522

(City)

(State)

(Zip)

SINGAPORE

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Sea Ltd [ SE ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President of Garena

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A ordinary shares	1,688,262	D
Class A ordinary shares	150,000	I	By BVI entity

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Share options (right to buy)	⁽¹⁾	01/31/2029	Class A ordinary shares	300,000	$15	D
Share options (right to buy)	⁽²⁾	04/17/2032	Class A ordinary shares	3,000,000	$120	D

Explanation of Responses:

1. The share options were granted on January 31, 2019 and are fully exercisable.

2. The share options were granted on April 17, 2022 and will be fully exercisable on April 30, 2027.

	/s/ Emily Tan, attorney-in-fact for Feng Zhao	03/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)

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