Shareholder of SE (ticker: SE) files Form 144 to sell 750,090 ADS
A shareholder of the issuer has filed a notice of proposed sale on Form 144 to sell up to 750,090 ADS through Goldman Sachs & Co. LLC on the NYSE, against 546,492,141 ADS outstanding and with an aggregate market value of 107,180,360.1.
The ADS to be sold were acquired from the issuer between 08/10/2020 and 12/18/2025 through execution of vested employee stock options and vesting of restricted share units, all described as compensation for services rendered.
Over the past three months, Coast Bridge Investments Limited has reported multiple ADS sales on various dates in October, November, and December 2025, each with specified amounts of ADS sold and gross proceeds, including a sale of 24,691 ADS for gross proceeds of 4,677,193.91 on 10/07/2025.
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| 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 |
|---|---|---|---|---|---|---|
| ADS | Goldman Sachs & Co. LLC 200 West Street New York NY 10282 | 750090 | 107180360.1 | 546492141 | 01/06/2026 | NYSE |
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 | 08/10/2020 | Execution of vested employee stock options | Issuer | 302577 | 08/10/2020 | Compensation for service rendered | ||
| ADS | 12/30/2024 | Execution of vested employee stock options | Issuer | 411958 | 12/30/2024 | Compensation for service rendered | ||
| ADS | 09/30/2024 | Vesting of restricted share units | Issuer | 1907 | 09/30/2024 | Compensation for service rendered | ||
| ADS | 12/31/2024 | Vesting of restricted share units | Issuer | 1416 | 12/31/2024 | Compensation for service rendered | ||
| ADS | 03/31/2025 | Vesting of restricted share units | Issuer | 1229 | 03/31/2025 | Compensation for service rendered | ||
| ADS | 06/30/2025 | Vesting of restricted share units | Issuer | 1003 | 06/30/2025 | Compensation for service rendered | ||
| ADS | 12/18/2025 | Execution of vested employee stock options | Issuer | 30000 | 12/18/2025 | Compensation for service rendered |
144: Securities Sold During The Past 3 Months
| Name and Address of Seller | Title of Securities Sold | Date of Sale | Amount of Securities Sold | Gross Proceeds |
|---|---|---|---|---|
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/07/2025 | 24691 | 4677193.91 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/07/2025 | 12345 | 2356365.45 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/07/2025 | 12345 | 2327407.79 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/07/2025 | 12345 | 2347795.56 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/09/2025 | 12345 | 2280799.24 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/09/2025 | 24691 | 4592543.28 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/09/2025 | 12345 | 2319361.32 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/09/2025 | 12345 | 2335145.63 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/14/2025 | 24691 | 4444157.78 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/14/2025 | 12345 | 2238848.46 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/14/2025 | 12345 | 2190741.23 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/14/2025 | 12345 | 2232211.79 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/16/2025 | 12345 | 2111881.37 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/16/2025 | 12345 | 2060568.14 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/16/2025 | 12345 | 2010947.42 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/16/2025 | 24691 | 4071802.69 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/21/2025 | 24691 | 4099622.04 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/21/2025 | 12345 | 2039643.37 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/21/2025 | 12345 | 2079676.97 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/21/2025 | 12345 | 2095897.06 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/23/2025 | 12345 | 1936695.95 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/23/2025 | 24691 | 3856850.25 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/23/2025 | 12345 | 1921828.86 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/23/2025 | 12345 | 1933394.89 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/28/2025 | 12345 | 1969337.36 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/28/2025 | 24691 | 3927212.19 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/28/2025 | 12345 | 1953604.89 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/28/2025 | 12345 | 1987819.06 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/30/2025 | 24691 | 3858158.87 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/30/2025 | 12345 | 1907188.93 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/30/2025 | 12345 | 1946264.55 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 10/30/2025 | 12345 | 1957457.77 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/04/2025 | 12345 | 1924795.36 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/04/2025 | 24691 | 3837872.75 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/04/2025 | 12345 | 1906075.41 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/04/2025 | 12345 | 1930121 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/06/2025 | 12345 | 1959003.36 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/06/2025 | 12345 | 1893202.04 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/06/2025 | 12345 | 1930992.55 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/06/2025 | 24691 | 3805339.88 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/11/2025 | 12345 | 1846929.28 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/11/2025 | 24691 | 3551484.31 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/11/2025 | 12345 | 1889241.76 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/11/2025 | 3893 | 551198.58 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/12/2025 | 8452 | 1226497.61 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/13/2025 | 24691 | 3494695 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/13/2025 | 12345 | 1761596.93 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/13/2025 | 12345 | 1727897.55 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/18/2025 | 24691 | 3601816.91 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/18/2025 | 12345 | 1781488.43 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/18/2025 | 12345 | 1821298.59 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/20/2025 | 24691 | 3320265.44 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/20/2025 | 12345 | 1725484.1 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/20/2025 | 12345 | 1620439.27 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/25/2025 | 12345 | 1650075.91 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/25/2025 | 12345 | 1678139.8 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/25/2025 | 24691 | 3319458.04 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/26/2025 | 12345 | 1718837.56 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/26/2025 | 12345 | 1670292.08 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 11/26/2025 | 24691 | 3382607.74 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/02/2025 | 12345 | 1703616.17 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/02/2025 | 12345 | 1673761.02 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/02/2025 | 24691 | 3387262 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/04/2025 | 12345 | 1669613.1 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/04/2025 | 12345 | 1638271.62 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/04/2025 | 24691 | 3313675.41 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/09/2025 | 12345 | 1592001.32 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/09/2025 | 24691 | 3173919.41 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/09/2025 | 12345 | 1578530.46 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/11/2025 | 24691 | 3128347.23 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/11/2025 | 12345 | 1544953.29 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/11/2025 | 12345 | 1584205.46 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/16/2025 | 12345 | 1505523.36 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/16/2025 | 12345 | 1529070.22 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/16/2025 | 24691 | 3025810.45 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/18/2025 | 24691 | 2981097.51 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/18/2025 | 12345 | 1499902.69 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/18/2025 | 12345 | 1481806.15 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/23/2025 | 12345 | 1529954.12 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/23/2025 | 12345 | 1551148.01 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/23/2025 | 24691 | 3082621.97 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/24/2025 | 12345 | 1566936.04 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/24/2025 | 12345 | 1553138.03 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/24/2025 | 24691 | 3124470.74 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/30/2025 | 12345 | 1600258.89 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 12/30/2025 | 24691 | 3200864.7 |
| Coast Bridge Investments Limited Vistra Corp. Services Centre Wickhams Cay II Road Town, Tortola D8 VG1110 | ADS | 01/01/2026 | 12345 | 1600195.94 |
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 related to SE disclose?
The Form 144 discloses that a shareholder plans to sell up to 750,090 ADS of the issuer, with an aggregate market value of 107,180,360.1, through Goldman Sachs & Co. LLC on the NYSE.
How many SE ADS are currently outstanding according to this Form 144?
The notice states that the number of shares or other units outstanding is 546,492,141 ADS.
How were the SE ADS covered by this Form 144 acquired?
The ADS to be sold were acquired from the issuer between 08/10/2020 and 12/18/2025 through execution of vested employee stock options and vesting of restricted share units, all described as compensation for service rendered.
Who is listed as having sold SE ADS in the past three months?
The table of securities sold during the past three months lists Coast Bridge Investments Limited, with an address in Road Town, Tortola, as the seller of ADS on multiple dates.
What trading venue and broker are indicated for the planned SE ADS sales?
The notice identifies Goldman Sachs & Co. LLC, located at 200 West Street, New York, NY 10282, as the broker, and lists the NYSE as the securities exchange for the ADS.
Does the Form 144 include recent sale activity for SE ADS and related proceeds?
Yes. It lists numerous ADS sales by Coast Bridge Investments Limited between 10/07/2025 and 01/01/2026, with each entry showing the number of ADS sold and the gross proceeds, such as 24,691 ADS for 4,677,193.91 on 10/07/2025.
What representation does the selling person make in this SE Form 144 notice?
The signer 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 acknowledges that intentional misstatements or omissions constitute Federal Criminal Violations under 18 U.S.C. 1001.