David Y. Ma - 20 Apr 2026 Form 4 Insider Report for Sea Ltd (SE)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
22 Apr 2026, 06:04:36 UTC
Prior SEC filing
20 Apr 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mark Tang, attorney-in-fact for David Y Ma

Key filing fact

David Y. Ma filed Form 4 for Sea Ltd (SE) on 22 Apr 2026.

Key facts

  • This page summarizes David Y. Ma's Form 4 filing for Sea Ltd (SE).
  • 6 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 22 Apr 2026, 06:04.

Change

  • Previous filing in this sequence was filed on 20 Apr 2026.
  • Current net transaction value: -$24,222,849.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002114135 Primary reporting owner

Ma David Y

Relationship
Director
Address
C/O 1 FUSIONOPOLIS PLACE,, #17-10, GALAXIS, SINGAPORE, SINGAPORE
Signature
/s/ Mark Tang, attorney-in-fact for David Y Ma
Signature date
22 Apr 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SE transaction

Class A ordinary shares

Sale

Transaction value
$11,448,017
Shares
-128,226
Change %
-27%
Price
$89.28
Shares after
343,939
Date
20 Apr 2026
Ownership
By BVI entity
Footnotes
F1, F2
SE transaction

Class A ordinary shares

Sale

Transaction value
$3,612,758
Shares
-40,173
Change %
-12%
Price
$89.93
Shares after
303,766
Date
20 Apr 2026
Ownership
By BVI entity
Footnotes
F1, F3
SE transaction

Class A ordinary shares

Sale

Transaction value
$2,470,812
Shares
-28,348
Change %
-9.3%
Price
$87.16
Shares after
275,418
Date
21 Apr 2026
Ownership
By BVI entity
Footnotes
F1, F4
SE transaction

Class A ordinary shares

Sale

Transaction value
$4,375,606
Shares
-49,672
Change %
-18%
Price
$88.09
Shares after
225,746
Date
21 Apr 2026
Ownership
By BVI entity
Footnotes
F1, F5
SE transaction

Class A ordinary shares

Sale

Transaction value
$2,189,033
Shares
-24,560
Change %
-11%
Price
$89.13
Shares after
201,186
Date
21 Apr 2026
Ownership
By BVI entity
Footnotes
F1, F6
SE transaction

Class A ordinary shares

Sale

Transaction value
$126,623
Shares
-1,411
Change %
-0.7%
Price
$89.74
Shares after
199,775
Date
21 Apr 2026
Ownership
By BVI entity
Footnotes
F1, F7
SE holding

Class A ordinary shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
10,000
Date
20 Apr 2026
Ownership
Direct
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 7 footnotes

Footnote F1

The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by a BVI entity controlled by an immediate family member sharing the same household as the Reporting Person on December 12, 2025.

Footnote F2

Represents the weighted average price of shares sold at prices that ranged from $88.61 to $89.60. 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.

Footnote F3

Represents the weighted average price of shares sold at prices that ranged from $89.61 to $90.51.

Footnote F4

Represents the weighted average price of shares sold at prices that ranged from $86.67 to $87.66.

Footnote F5

Represents the weighted average price of shares sold at prices that ranged from $87.67 to $88.66.

Footnote F6

Represents the weighted average price of shares sold at prices that ranged from $88.67 to $89.66.

Footnote F7

Represents the weighted average price of shares sold at prices that ranged from $89.68 to $89.83.

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