Sea Ltd affiliate plans sale of 300,000 ADS

An affiliate of Sea Ltd plans a Rule 144 resale of 300,000 ADS acquired as equity compensation.

Rhea-AI Filing Summary

Sea Ltd (SE) has a notice filed under Rule 144 for a proposed resale of 300,000 American Depositary Shares (ADS) for the account of Chen Jingye, with J.P. Morgan Securities LLC acting as agent and attorney-in-fact. The ADS position to be sold was acquired through exercises of share options under the issuer’s ESOP and vesting of restricted share units between July 17, 2023 and July 26, 2024, all described as compensation for services provided. The notice states that sales are to be made via an entity controlled by the filer.

Key Figures

ADS to be sold: 300,000 ADS Equity from ESOP exercise on July 17, 2023: 232,529 ADS Equity from ESOP exercise on August 15, 2023: 2,140 ADS +4 more

7 metrics

ADS to be sold 300,000 ADS Amount of Sea Ltd ADS covered by the Rule 144 notice

Equity from ESOP exercise on July 17, 2023 232,529 ADS Acquired via exercise of share options under issuer’s ESOP as compensation

Equity from ESOP exercise on August 15, 2023 2,140 ADS Acquired via exercise of share options under issuer’s ESOP as compensation

RSU vesting on March 31, 2024 2,834 ADS Acquired via vesting of restricted share units as compensation

RSU vesting on June 30, 2024 2,175 ADS Acquired via vesting of restricted share units as compensation

ESOP exercise on July 26, 2024 60,322 ADS Acquired via exercise of share options under issuer’s ESOP as compensation

Date of Rule 144 notice September 9, 2026 Date shown as Date of Notice

Key Terms

Rule 144, American Depositary Shares, ESOP, restricted share units

4 terms

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.

American Depositary Shares financial

"ADS | J.P. Morgan Securities LLC 270 Park Avenue - 10th Floor"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

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.

restricted share units financial

"Vesting of restricted share units"

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.

FAQ

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

What does the Form 144 filing disclose for Sea Ltd (SE)?

It discloses a planned Rule 144 resale of 300,000 ADS of Sea Ltd for the account of Chen Jingye, with J.P. Morgan Securities LLC acting as agent and attorney-in-fact. The shares were obtained through equity compensation, including option exercises and restricted share unit vesting.

How many Sea Ltd (SE) ADS are planned to be sold under this Form 144?

The notice covers a proposed sale of 300,000 ADS of Sea Ltd. This figure appears in the securities information section of the filing as the amount of ADS intended to be sold under Rule 144.

How were the Sea Ltd (SE) ADS being sold under Rule 144 acquired?

The ADS were acquired as compensation for services, through exercises of share options under Sea Ltd’s ESOP and vesting of restricted share units on several dates from July 17, 2023 through July 26, 2024, as detailed in the filing.

Who is the selling security holder in the Sea Ltd (SE) Form 144?

The securities are to be sold for the account of Chen Jingye, identified as an affiliate. The filing notes that sales are via an entity controlled by the filer, with J.P. Morgan Securities LLC signing as agent and attorney-in-fact.

What role does J.P. Morgan Securities LLC play in this Sea Ltd (SE) Form 144?

J.P. Morgan Securities LLC is listed as broker for the ADS and signs the notice “as agent and attorney-in-fact for Chen Jingye.” This indicates it will handle the execution of the planned Rule 144 sales on behalf of the selling holder.

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

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Available on EDGAR 09/09/2026 - 04:34 PM Accepted by SEC EDGAR 09/09/2026 - 04:33 PM Learn about SEC filing dates

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	0001965706
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Sea Limited
SEC File Number	001-38237
Address of Issuer	1 Fusionopolis Place, #17-10 Singapore Galaxis SINGAPORE 138522
Phone	65-6270-8100
Name of Person for Whose Account the Securities are To Be Sold	Chen Jingye
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	Affiliate

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
ADS	J.P. Morgan Securities LLC 270 Park Avenue - 10th Floor New York NY 10017	300000	33999000	565506375	09/09/2026	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 *
ADS	07/17/2023	Exercise of share options under Issuer's ESOP	Issuer			232529	07/17/2023	Compensation for services provided
ADS	08/15/2023	Exercise of share options under Issuer's ESOP	Issuer			2140	08/15/2023	Compensation for services provided
ADS	03/31/2024	Vesting of restricted share units	Issuer			2834	03/31/2024	Compensation for services provided
ADS	06/30/2024	Vesting of restricted share units	Issuer			2175	06/30/2024	Compensation for services provided
ADS	07/26/2024	Exercise of share options under Issuer’s ESOP	Issuer			60322	07/26/2024	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	Sales are via an entity controlled by the filer.
Date of Notice	09/09/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	06/10/2026
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	/s/ J.P. Morgan Securities LLC as agent and attorney-in-fact for Chen Jingye
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)