[144] Sea Limited American SEC Filing
Form 144 filed for Sea Limited (SE) discloses a proposed sale of 101,003 American Depositary Shares (ADS) through UBS Financial Services on the NYSE, with an aggregate market value reported as $17,675,525 and an approximate sale date of 08/14/2025. The filing shows two recent acquisitions by vesting of restricted stock units (1,003 ADS on 07/18/2025 and 100,000 ADS on 07/31/2025) described as compensation for services. It also lists seven ADS sales by NordicSun Limited in June 2025 totaling 94,416 ADS for gross proceeds ranging from roughly $1.77 million to $2.56 million per trade. The filer certifies no undisclosed material adverse information.
La Form 144 presentata per Sea Limited (SE) segnala una proposta vendita di 101.003 American Depositary Shares (ADS) tramite UBS Financial Services alla NYSE, con un valore di mercato complessivo dichiarato di $17.675.525 e una data di vendita approssimativa del 14/08/2025. La comunicazione mostra due acquisizioni recenti per maturazione di restricted stock unit (1.003 ADS il 18/07/2025 e 100.000 ADS il 31/07/2025) descritte come compenso per servizi. Elenca inoltre sette vendite di ADS da parte di NordicSun Limited a giugno 2025 per un totale di 94.416 ADS, con ricavi lordi per singola operazione compresi tra circa $1,77 milioni e $2,56 milioni. Il dichiarante certifica l'assenza di informazioni negative materiali non divulgate.
El Formulario 144 presentado para Sea Limited (SE) revela una propuesta de venta de 101.003 American Depositary Shares (ADS) a través de UBS Financial Services en la NYSE, con un valor de mercado agregado declarado de $17.675.525 y una fecha aproximada de venta del 14/08/2025. La presentación muestra dos adquisiciones recientes por consolidación de restricted stock units (1.003 ADS el 18/07/2025 y 100.000 ADS el 31/07/2025) descritas como compensación por servicios. También enumera siete ventas de ADS por parte de NordicSun Limited en junio de 2025 por un total de 94.416 ADS, con ingresos brutos por operación de aproximadamente $1,77 millones a $2,56 millones. El declarante certifica que no existen informaciones adversas materiales no divulgadas.
Sea Limited (SE)에 대한 Form 144 제출은 NYSE에서 UBS Financial Services를 통해 101,003개의 American Depositary Shares(ADS)를 매도하려는 계획을 공개하며, 총 시가 가치는 $17,675,525로 신고되고 예상 매각일은 2025-08-14입니다. 제출서에는 제한주식단위(restricted stock units)의 권리확정으로 최근 취득한 2건(2025-07-18에 1,003 ADS, 2025-07-31에 100,000 ADS)이 서비스에 대한 보상으로 설명되어 있습니다. 또한 NordicSun Limited가 2025년 6월에 총 94,416 ADS를 매각한 7건을 기재하고 있으며, 거래별 총수익은 대략 $1.77백만에서 $2.56백만 사이입니다. 제출인은 공개되지 않은 중대한 부정적 정보가 없음을 인증합니다.
Le formulaire 144 déposé pour Sea Limited (SE) révèle une proposition de vente de 101 003 American Depositary Shares (ADS) via UBS Financial Services à la NYSE, avec une valeur marchande globale déclarée de 17 675 525 $ et une date de vente approximative au 14/08/2025. Le dépôt indique deux acquisitions récentes par vesting d'unités d'actions restreintes (1 003 ADS le 18/07/2025 et 100 000 ADS le 31/07/2025) décrites comme rémunération pour services. Il liste également sept ventes d'ADS par NordicSun Limited en juin 2025 totalisant 94 416 ADS, avec des produits bruts par transaction d'environ 1,77 M$ à 2,56 M$. Le déclarant certifie l'absence d'informations défavorables importantes non divulguées.
Bei Sea Limited (SE) eingereichte Form 144 offenbart einen geplanten Verkauf von 101.003 American Depositary Shares (ADS) über UBS Financial Services an der NYSE, mit einem angegebenen Gesamtmarktwert von $17.675.525 und einem ungefähren Verkaufsdatum 14.08.2025. Die Einreichung zeigt zwei jüngste Erwerbe durch Vesting von Restricted Stock Units (1.003 ADS am 18.07.2025 und 100.000 ADS am 31.07.2025), beschrieben als Vergütung für Dienstleistungen. Weiterhin werden sieben ADS-Verkäufe von NordicSun Limited im Juni 2025 aufgeführt, insgesamt 94.416 ADS, mit Bruttoerlösen pro Transaktion von etwa $1,77 Mio. bis $2,56 Mio. Der Einreicher bestätigt, dass keine nicht offengelegten wesentlichen nachteiligen Informationen vorliegen.
- Disclosure completeness: Broker, quantity, acquisition dates, and nature of acquisition (RSU vesting) are provided
- Recent sales reported: Prior June sales by NordicSun Limited are listed with dates and proceeds, aiding transparency
- Insider-related sell-off: Proposed sale of 101,003 ADS (valued at $17.7M) increases share supply
- Limited holder context: Filing does not state the filer’s relationship to issuer or percent ownership, restricting materiality assessment
Insights
TL;DR: Insider-related selling disclosed; modest planned block may pressure near-term float.
The filing reveals a planned sale of 101,003 ADS valued at $17.7 million using UBS as broker and multiple recent June dispositions by NordicSun Limited totaling 94,416 ADS. The seller received 101,003 ADS via RSU vesting in July as compensation, indicating these shares are recently issued to an insider or related party and are now being registered for sale. For investors, the immediate implication is incremental supply to the market; without context on average daily volume or insider holdings, the market impact is unclear. Disclosure appears standard and compliant with Rule 144 notice requirements.
TL;DR: Proper Form 144 disclosure of proposed sale and recent RSU vesting; certifications align with Rule 144 practices.
The document identifies the broker, quantity, acquisition dates, and nature of acquisition (RSU vesting), and includes prior sales by the same related entity in June. The signature/representation language affirms no undisclosed material adverse information. From a governance perspective, the filing transparently ties compensation-related share issuance to subsequent sale intent, which is appropriate; however, it does not provide the filer’s relationship to the issuer or holdings schedule, limiting assessment of proportionality versus total outstanding ADS.
La Form 144 presentata per Sea Limited (SE) segnala una proposta vendita di 101.003 American Depositary Shares (ADS) tramite UBS Financial Services alla NYSE, con un valore di mercato complessivo dichiarato di $17.675.525 e una data di vendita approssimativa del 14/08/2025. La comunicazione mostra due acquisizioni recenti per maturazione di restricted stock unit (1.003 ADS il 18/07/2025 e 100.000 ADS il 31/07/2025) descritte come compenso per servizi. Elenca inoltre sette vendite di ADS da parte di NordicSun Limited a giugno 2025 per un totale di 94.416 ADS, con ricavi lordi per singola operazione compresi tra circa $1,77 milioni e $2,56 milioni. Il dichiarante certifica l'assenza di informazioni negative materiali non divulgate.
El Formulario 144 presentado para Sea Limited (SE) revela una propuesta de venta de 101.003 American Depositary Shares (ADS) a través de UBS Financial Services en la NYSE, con un valor de mercado agregado declarado de $17.675.525 y una fecha aproximada de venta del 14/08/2025. La presentación muestra dos adquisiciones recientes por consolidación de restricted stock units (1.003 ADS el 18/07/2025 y 100.000 ADS el 31/07/2025) descritas como compensación por servicios. También enumera siete ventas de ADS por parte de NordicSun Limited en junio de 2025 por un total de 94.416 ADS, con ingresos brutos por operación de aproximadamente $1,77 millones a $2,56 millones. El declarante certifica que no existen informaciones adversas materiales no divulgadas.
Sea Limited (SE)에 대한 Form 144 제출은 NYSE에서 UBS Financial Services를 통해 101,003개의 American Depositary Shares(ADS)를 매도하려는 계획을 공개하며, 총 시가 가치는 $17,675,525로 신고되고 예상 매각일은 2025-08-14입니다. 제출서에는 제한주식단위(restricted stock units)의 권리확정으로 최근 취득한 2건(2025-07-18에 1,003 ADS, 2025-07-31에 100,000 ADS)이 서비스에 대한 보상으로 설명되어 있습니다. 또한 NordicSun Limited가 2025년 6월에 총 94,416 ADS를 매각한 7건을 기재하고 있으며, 거래별 총수익은 대략 $1.77백만에서 $2.56백만 사이입니다. 제출인은 공개되지 않은 중대한 부정적 정보가 없음을 인증합니다.
Le formulaire 144 déposé pour Sea Limited (SE) révèle une proposition de vente de 101 003 American Depositary Shares (ADS) via UBS Financial Services à la NYSE, avec une valeur marchande globale déclarée de 17 675 525 $ et une date de vente approximative au 14/08/2025. Le dépôt indique deux acquisitions récentes par vesting d'unités d'actions restreintes (1 003 ADS le 18/07/2025 et 100 000 ADS le 31/07/2025) décrites comme rémunération pour services. Il liste également sept ventes d'ADS par NordicSun Limited en juin 2025 totalisant 94 416 ADS, avec des produits bruts par transaction d'environ 1,77 M$ à 2,56 M$. Le déclarant certifie l'absence d'informations défavorables importantes non divulguées.
Bei Sea Limited (SE) eingereichte Form 144 offenbart einen geplanten Verkauf von 101.003 American Depositary Shares (ADS) über UBS Financial Services an der NYSE, mit einem angegebenen Gesamtmarktwert von $17.675.525 und einem ungefähren Verkaufsdatum 14.08.2025. Die Einreichung zeigt zwei jüngste Erwerbe durch Vesting von Restricted Stock Units (1.003 ADS am 18.07.2025 und 100.000 ADS am 31.07.2025), beschrieben als Vergütung für Dienstleistungen. Weiterhin werden sieben ADS-Verkäufe von NordicSun Limited im Juni 2025 aufgeführt, insgesamt 94.416 ADS, mit Bruttoerlösen pro Transaktion von etwa $1,77 Mio. bis $2,56 Mio. Der Einreicher bestätigt, dass keine nicht offengelegten wesentlichen nachteiligen Informationen vorliegen.
FAQ
What quantity of Sea Limited (SE) ADS is proposed for sale on Form 144?
How were the ADS acquired that are subject to the proposed sale?
Did the filer sell any SE ADS recently before this notice?
Through which broker will the proposed sale be executed?
Does the filing state there is any undisclosed material adverse information?
