SE submitted a Rule 144 notice reporting a series of proposed or completed sales of American Depositary Shares (ADS). The filing lists recurring blocks of 800 ADS sold on many dates between 12/12/2025 and 03/10/2026, attributed to Devon Court Limited and processed through J.P. Morgan Securities LLC.
The filing also lists prior issuer vesting events of restricted share units for ADS on 11/01/2024, 01/16/2025, and 01/31/2025, with per-event ADS counts shown in the excerpt.
SE filed a Form 144 reporting proposed sales of American Depositary Shares (ADS). The notice lists multiple proposed dispositions by Alpha Ally Holdings Limited across dates from 12/12/2025 through 03/10/2026, with recurring lot sizes such as 30,000 ADS and 20,000 ADS. The excerpt includes many individual sale entries with dates and ADS quantities, including representative entries of 30,000 ADS on 12/12/2025 and 20,000 ADS on 02/02/2026.
Alpha Ally Holdings Limited submitted a Form 144 notice reporting proposed sales of American Depositary Shares (ADS). The excerpt lists multiple proposed ADS sale dates between 12/11/2025 and 03/09/2026, with recurring lot sizes of 30,000 or 20,000 ADS on specific dates.
Examples shown include proposed sales by Alpha Ally of 30,000 ADS on 12/11/2025 and 20,000 ADS on 03/02/2026. The filing names J.P. Morgan Securities LLC as a broker on the cover lines.
Sea Limited reported strong growth and sharply higher profits for Q4 and full year 2025. Fourth-quarter GAAP revenue rose to US$6.9 billion, up 38.4% year-on-year, with net income of US$410.9 million, up 72.9%. Adjusted EBITDA reached US$787.1 million, a 33.2% increase.
For 2025, GAAP revenue grew to US$22.9 billion, up 36.4%, while net income surged to US$1.6 billion from US$447.8 million. Total adjusted EBITDA rose 75.2% to US$3.4 billion, driven by all three core businesses.
Shopee’s 2025 GAAP revenue was US$16.6 billion with adjusted EBITDA of US$880.6 million, Monee generated US$3.8 billion of revenue and US$1.0 billion of adjusted EBITDA, and Garena delivered bookings of US$2.9 billion and adjusted EBITDA of US$1.7 billion. Management targets about 25% Shopee GMV growth in 2026 with adjusted EBITDA at least matching 2025 in absolute dollars.
SE filed a Form 144 notifying the proposed sale of 88,800 ADRs, arising from the exercise of share options under the issuer's ESOP on 03/08/2017. The filing lists multiple block sales by Perennial Spring Limited of 1,600 ADRs on trading dates from 12/02/2025 through 02/27/2026
SE submitted a Form 144 reporting a proposed sale of 217,000 ADRs tied to the exercise of share options under the issuer's ESOP on 07/17/2023, described as compensation for services provided. The filing lists multiple small sales by Green Kiwi Holding Limited during late 2025–early 2026, including 800 ADRs sold on 01/06/2026 for $116,498.82 and 800 ADRs sold on 02/27/2026 for $87,134.30.
Sea Limited investor Gang Ye has updated his ownership in the company’s Class A ordinary shares. He reports beneficial ownership of 27,267,872 Class A ordinary shares, representing 4.4% of this share class. As of December 31, 2025, Sea Limited had 611,034,168 total ordinary shares outstanding across both Class A and Class B shares. Each Class A share carries one vote and each Class B share carries fifteen votes. Excluding 8,704,719 Class A shares for which he has appointed chairman and chief executive officer Forrest Xiaodong Li as his irrevocable proxy to exercise voting power, the shares beneficially owned by Gang Ye represent approximately 1.5% of the company’s aggregate voting power.
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.
Sea Limited discloses updated ownership details for founder Forrest Xiaodong Li and Blue Dolphins Venture Inc. Mr. Li beneficially owns 104,615,356 Shares as of December 30, 2025, representing approximately 16.1% of Sea Limited’s total issued and outstanding Shares and about 57.7% of the aggregate voting power. His stake includes Class A and Class B Ordinary Shares, options and restricted share units, as well as Shares subject to irrevocable voting proxies from directors, employees, affiliates and a family member. Blue Dolphins holds 45,527,793 Class B Ordinary Shares, or about 7.5% of total issued and outstanding Shares. The filing also lists multiple open-market sales of American Depositary Shares by an entity solely owned and controlled by Mr. Li under a Rule 10b5-1 Sales Plan during November and December 2025.