SE (NYSE: SE) holder files Rule 144 to sell 238,000 ADRs valued at 32.46M

Rhea-AI Filing Summary

A holder of SE securities has filed a notice of proposed sale under Rule 144 covering 238,000 ADRs. These American Depositary Receipts are listed for sale through J.P. Morgan Securities LLC on the NYSE, with an indicated aggregate market value of 32,458,440 and an approximate sale date of 11/28/2025.

The ADRs were originally acquired on 07/17/2023 through the exercise of share options under the issuer's employee stock option plan as compensation for services. The filing notes that the issuer has 543,584,213 shares or units outstanding, which provides a baseline for the size of the planned sale.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
ADR	J.P. Morgan Securities LLC 270 Park Avenue - 10th Floor New York NY 10017	238000	32458440	543584213	11/28/2025	NYSE

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: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
ADR	07/17/2023	Exercise of share options under Issuer's ESOP	Issuer			238000	07/17/2023	Compensation for services provided

* 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: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filing for SE disclose?

The Form 144 filing for SE discloses that a holder intends to sell 238,000 ADRs on the NYSE through J.P. Morgan Securities LLC, with an indicated aggregate market value of 32,458,440 and an approximate sale date of 11/28/2025.

How many SE ADRs are planned to be sold under this Rule 144 notice?

The notice states that 238,000 ADRs are to be sold, with an aggregate market value of 32,458,440, and that these securities are to be traded on the NYSE.

How and when were the SE ADRs being sold under Form 144 acquired?

The ADRs were acquired on 07/17/2023 through the exercise of share options under the issuer's ESOP, with the nature of payment described as compensation for services provided.

What does the Form 144 say about SE’s shares outstanding?

The filing reports that the issuer has 543,584,213 shares or other units outstanding, providing context for the size of the planned sale of 238,000 ADRs.

Which broker and exchange are involved in the planned sale of SE ADRs?

The Rule 144 notice lists J.P. Morgan Securities LLC as the broker, located at 270 Park Avenue, New York, and identifies the NYSE as the securities exchange where the ADRs are to be sold.

What representations does the seller make in the SE Form 144 notice?

The seller represents that they do not know any material adverse information about the issuer's current or prospective operations that has not been publicly disclosed, and is reminded that intentional misstatements or omissions can constitute Federal criminal violations under 18 U.S.C. 1001.

How does Rule 10b5-1 relate to the SE Form 144 filing?

The notice explains that if the person relies on a written trading plan or instructions under Rule 10b5-1, by signing and indicating the plan or instruction date, they make their representation as of that adoption or instruction date.