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Sea Ltd affiliate plans 1.28M ADS resale in 2026

Sea Ltd (SE) has an affiliate, Alpha Ally Holdings Limited, filing an amended Notice of Proposed Sale of Securities on Form 144 for the resale of up to 1,280,000 American Depositary Shares (ADS) of Sea Ltd through J.P.

(Neutral)
(Neutral)
Form Type
144/A

Rhea-AI Filing Summary

Sea Ltd (SE) has an affiliate, Alpha Ally Holdings Limited, filing an amended Notice of Proposed Sale of Securities on Form 144 for the resale of up to 1,280,000 American Depositary Shares (ADS) of Sea Ltd through J.P. Morgan Securities LLC on the NYSE on or after September 11, 2026, under Rule 144.

The filing states an aggregate market value of $137.8 million for these ADS, with Sea Ltd having 565,506,375 shares outstanding. Alpha Ally’s holdings were built over time via exercises of share options under Sea’s ESOP, vesting of restricted share units, and prior share issuances. The notice also lists numerous ADS sales by Alpha Ally during the past three months, each with specified trade dates, share counts, and dollar amounts.

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ADS proposed for resale 1,280,000 ADS Maximum number of Sea Ltd ADS to be sold by Alpha Ally under Rule 144
Aggregate market value of ADS $137,843,200 Market value corresponding to the 1,280,000 ADS covered by the notice
Shares outstanding 565,506,375 shares Sea Ltd shares outstanding as referenced in the Form 144/A
Rule 144 sale date September 11, 2026 Date on or after which the proposed 1,280,000 ADS sale may occur
Example recent sale 10,000 ADS for $837,601.05 Sale by Alpha Ally on June 12, 2026 as listed in past 3 months’ sales
Larger example recent sale 30,000 ADS for $3,880,407.81 Sale by Alpha Ally on August 11, 2026 as listed in past 3 months’ sales
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Affiliate regulatory
"Affiliate 144/A: Securities Information"
ADS financial
"144/A: Securities Information ADS | J.P. Morgan Securities LLC"
Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.
restricted share units financial
"Vesting of restricted share units | Issuer"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
ESOP financial
"Exercise of share options under Issuer’s ESOP"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.

FAQ

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

What does Sea Ltd (SE)’s latest Form 144/A filing disclose?

It discloses that Alpha Ally Holdings Limited, an affiliate of Sea Ltd, plans to resell up to 1,280,000 ADS of Sea Ltd under Rule 144 through J.P. Morgan Securities LLC on or after September 11, 2026.

How many Sea Ltd (SE) ADS are covered by this proposed Rule 144 sale?

The proposed Rule 144 sale covers up to 1,280,000 ADS of Sea Ltd. The filing also shows Sea Ltd has 565,506,375 shares outstanding, which is a separate baseline figure and not the number being sold.

What is the aggregate market value of the Sea Ltd (SE) ADS in the Form 144/A notice?

The filing reports an aggregate market value of approximately $137,843,200 for the 1,280,000 ADS that Alpha Ally Holdings Limited may sell under Rule 144.

Who is the broker for the proposed Sea Ltd (SE) ADS sales under Rule 144?

The broker named is J.P. Morgan Securities LLC, located at 270 Park Avenue, New York. It is listed as the firm through which the 1,280,000 ADS of Sea Ltd may be sold on the NYSE.

How did Alpha Ally Holdings Limited acquire the Sea Ltd (SE) ADS referenced in the filing?

The ADS were acquired over time through exercise of share options under Sea’s ESOP, vesting of restricted share units on several specified dates in 2025, and an earlier issuance of shares by Sea Ltd on September 9, 2009.

Does the Sea Ltd (SE) Form 144/A show any recent sales by Alpha Ally Holdings Limited?

Yes. The filing lists numerous ADS sales during the past three months, including multiple trades of 10,000–30,000 ADS per day between June 12, 2026, and September 10, 2026, each with detailed dollar amounts received.

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

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Learn about SEC filing dates

144/A: Filer Information

144/A: Issuer Information

144/A: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144/A: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144/A: Securities Sold During The Past 3 Months

144/A: Remarks and Signature

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