Sea Ltd (SE) CEO Li Xiaodong Receives 1,866-Share Award

What Happened

• Li Xiaodong, Chairman and CEO of Sea Ltd (SE), was granted/acquired 1,866 shares on March 31, 2026. The reported price per share for the award was $85.74, for a total reported value of $159,991. The Form 4 classifies the transaction as an award/grant (transaction code A), which is a company compensation/award transaction rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-31; Form 4 filed: 2026-04-02 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 1,866 at $85.74 each; total value $159,991.
• Shares owned after transaction: Not specified in the information provided in this summary.
• Notable footnote from filing: The report only includes securities the reporting person may be deemed to beneficially own under Rule 16a‑1 and excludes Class A ordinary shares over which the reporting person has no pecuniary interest but may hold voting power via irrevocable voting proxies (including certain directors, employees, affiliates, and the Garena ESOP Program).

Context

• This was an award/grant (compensation), a common form of executive equity compensation used for retention or incentives; it is not an open-market buy or sale. The filing contains no indication of a 10b5‑1 plan, cashless exercise, tax-withholding sell, or other disposition related to these shares in the provided details.