Colloids of natural river water is a key intermediate carrier of lead (Pb). It is important to monitor the transport–transformation behavior of Pb in the colloidal phase of seaward water because this behavior is related to the levels of pollution input and environmental risks posed to the sea, especially in coastal delta areas. In this study, the fractionation behavior and distribution of toxic Pb from the truly dissolved phase and the different colloidal phases in seven seaward rivers in the Yellow River Delta were investigated. The concentrations of total dissolved Pb, truly dissolved Pb, and colloidal Pb were 0.99–40.09 μg L–1, 0.40–8.10 μg L–1, and 0.60–35.88 μg L–1, respectively. In freshwater rivers, the main component of total dissolved Pb (about > 50%) is truly dissolved Pb but the main component of total dissolved Pb in the seawater environment is colloidal Pb (> 80%). A dramatic increase in salinity causes the deposition (about ≈94%) of all forms of Pb to sediment from estuarine water in winter. However, this sedimentation behavior of colloidal Pb gradually decreases (in the Shenxiangou River) when the river salinity approaches seawater salinity (S = ≈29). In the industrial port (Xiaoqinghe River) and mariculture (Yongfenghe River) estuarine areas, which have extensive seawater, the deposition behavior of colloidal Pb (<15%) is less affected by the change in salinity. This suggests that human activity contributes to the spread of Pb in the offshore environment. The concentration of 100 kDa–0.22 μm Pb has a postive correlation with total colloidal Pb. Its variation is minimally affected by salinity compared with other colloidal components. In addition, the correlation between the molecular weight and aromaticity of chromophoric dissolved organic matter (CDOM) and colloidal Pb suggests that macromolecules in seawater will be important transport carriers of Pb. In all, truly dissolved Pb is the main transport form of dissolved Pb in river freshwater; however, in brackish water in estuaries, colloidal matter gradually becomes the main transport carrier. Surging salinity immobilizes truly dissolved Pb in the estuarine region, but colloidal matter inhibits this deposition. Colloidal phase is the important conversion for land–sea transport of Pb by seaward rivers.