STOCK TITAN

ContextLogic (LOGC) CFO receives 50,000 RSUs vesting over five years

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Stewart Scott Matthew reported acquisition or exercise transactions in this Form 4 filing.

ContextLogic Holdings Inc. reported that CFO & COO Stewart Scott Matthew received a grant of 50,000 Restricted Stock Units. Each RSU represents a right to one share of common stock. The award vests in 20% annual installments over five years, subject to continued service, with settled shares delivered within 60 days after each vesting date.

Positive

  • None.

Negative

  • None.
Insider Stewart Scott Matthew
Role CFO & COO
Type Security Shares Price Value
Grant/Award Restricted Stock Units 50,000 $0.00 --
Holdings After Transaction: Restricted Stock Units — 50,000 shares (Direct, null)
Footnotes (1)
  1. The Reporting Person was granted restricted stock units ("RSUs") which represent a contingent right to receive one share of the Issuer's Common Stock, $0.0001 par value, for each RSU. Subject to the Reporting Person's continued service, the RSU's will vest in equal installments of 20% of the total RSUs subject to the award on each of the first through fifth anniversaries of the effective date. Vested RSUs will settle on or following the vesting date, but in any event, within 60 days following the vesting date (unless the Reporting Person and the Issuer have agreed in writing to a later settlement date pursuant to procedures the Issuer may prescribe at its discretion).
RSUs granted 50,000 units Restricted Stock Units granted to CFO & COO Stewart Scott Matthew
Underlying common shares 50,000 shares Common stock underlying the granted RSUs
Vesting schedule 20% per year for five years Annual vesting on the first through fifth anniversaries of the effective date
Settlement window Within 60 days after vesting Timing for delivering shares upon each RSU vesting
Post-transaction RSU holdings 50,000 units Total RSUs following the reported grant
Restricted Stock Units financial
"The Reporting Person was granted restricted stock units ("RSUs") which represent a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"RSUs which represent a contingent right to receive one share of the Issuer's Common Stock"
par value financial
"Issuer's Common Stock, $0.0001 par value, for each RSU"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
vest financial
"RSU's will vest in equal installments of 20% of the total RSUs"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
settle financial
"Vested RSUs will settle on or following the vesting date, but in any event, within 60 days"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Stewart Scott Matthew

(Last)(First)(Middle)
2648 INTERNATIONAL BLVD STE 301

(Street)
OAKLAND CALIFORNIA 94601

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ContextLogic Holdings Inc. [ LOGC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CFO & COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$006/01/2026A(1)50,000 (2) (2)Common Stock50,000$050,000D
Explanation of Responses:
1. The Reporting Person was granted restricted stock units ("RSUs") which represent a contingent right to receive one share of the Issuer's Common Stock, $0.0001 par value, for each RSU.
2. Subject to the Reporting Person's continued service, the RSU's will vest in equal installments of 20% of the total RSUs subject to the award on each of the first through fifth anniversaries of the effective date. Vested RSUs will settle on or following the vesting date, but in any event, within 60 days following the vesting date (unless the Reporting Person and the Issuer have agreed in writing to a later settlement date pursuant to procedures the Issuer may prescribe at its discretion).
/s/ Marianne Lewis06/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did LOGC report for CFO Stewart Scott Matthew?

ContextLogic reported that CFO & COO Stewart Scott Matthew received a grant of 50,000 Restricted Stock Units. These units are part of his equity compensation and do not involve any open-market stock purchases or sales by him.

How many Restricted Stock Units were granted to LOGC’s CFO?

The CFO received 50,000 Restricted Stock Units, each representing the right to one share of ContextLogic common stock. These units increase his potential future share ownership as they vest and settle into actual shares over time.

What is the vesting schedule for the LOGC CFO’s 50,000 RSUs?

The 50,000 RSUs vest in equal 20% installments on each of the first through fifth anniversaries of the award’s effective date. Vesting requires his continued service with the company through each applicable anniversary date.

When will the LOGC CFO receive common shares from these RSUs?

Each vested RSU will settle into one share of common stock on or following its vesting date. Settlement must occur within 60 days after vesting, unless a later date is agreed in writing under company procedures.

Is the LOGC CFO’s RSU grant an open-market stock purchase or sale?

No, the RSU grant is a compensation award, not an open-market trade. The CFO did not buy or sell shares for cash; instead, he received equity that converts into shares over time as vesting conditions are met.

How many RSUs and underlying shares does the LOGC CFO hold after this grant?

Following this award, the filing shows 50,000 Restricted Stock Units, with 50,000 underlying shares of common stock tied to the grant. These shares will only be issued as units vest and settle according to the schedule.