Major SE (NYSE: SE) holder files to sell 1.68M ADS in Form 144

Q: What does this Form 144 filing disclose for SE?

The filing shows that Alpha Ally Holdings Limited plans to sell 1,680,000 ADS of the issuer on the NYSE , with an aggregate market value of $216,148,800 , as part of an ongoing disposition of shares.

Q: How many SE ADS are planned to be sold under this notice?

The notice covers a planned sale of 1,680,000 ADS , to be executed through J.P. Morgan Securities LLC as broker.

Q: What is the market value and share base related to the SE ADS sale?

The 1,680,000 ADS have an aggregate market value of $216,148,800 , and the class has 543,584,213 ADS outstanding according to the filing.

Q: When were the SE ADS originally acquired by the selling holder?

The ADS were acquired on 07/16/2021 via exercise of share options under the issuer’s ESOP , described as compensation for services provided.

Q: Has Alpha Ally Holdings Limited recently sold additional SE ADS?

Yes. The filing lists numerous sales of 30,000 ADS blocks almost daily between 09/11/2025 and 12/09/2025 , each generating multi‑million‑dollar gross proceeds .

Q: On which exchange will the planned SE ADS sale occur and when?

The planned sale of 1,680,000 ADS is listed for execution on the NYSE , with an approximate sale date of 12/10/2025 .

Filing Impact

(Low)

Filing Sentiment

(Neutral)

Form Type

144

Rhea-AI Filing Summary

A major shareholder, Alpha Ally Holdings Limited, has filed a Form 144 indicating a planned sale of 1,680,000 ADS through J.P. Morgan Securities on the NYSE, with an aggregate market value of $216,148,800. The ADS are part of a class with 543,584,213 shares outstanding, and the approximate sale date listed is 12/10/2025.

The securities were acquired on 07/16/2021 by exercising share options under the issuer’s ESOP, as compensation for services. Over the past three months, Alpha Ally Holdings Limited has already executed frequent block sales of 30,000 ADS per day from September through December 2025, each generating multi‑million‑dollar gross proceeds, signaling an ongoing orderly disposal of holdings rather than a one‑off transaction.

12/10/2025 - 06:20 PM

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

J.P. Morgan Securities LLC
270 Madison Avenue - 10th Floor
New York NY 10017

1680000

216148800

543584213

12/10/2025

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 *

ADS

07/16/2021

Exercise of share options under Issuer's ESOP

Issuer

1680000

07/16/2021

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

Name and Address of Seller

Title of Securities Sold

Date of Sale

Amount of Securities Sold

Gross Proceeds