At what prices were the recent LOGC insider share purchases made?

The filing shows weighted average purchase prices near $8.63–$8.75 per share. Footnotes explain the shares were bought in multiple trades within ranges of $8.47–$8.75 and $8.73–$8.75, with detailed breakdowns available upon request to the issuer or regulators.

ContextLogic (LOGC) insider buys 130,201 shares in open market

Filing Impact

(Very High)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

ContextLogic Holdings Inc. director and 10% owner Bobbili Raja reported open-market insider purchases made through an estate planning vehicle. On May 26–28, 2026, the estate planning vehicle bought a total of 130,201 shares of common stock at weighted average prices around $8.63–$8.75 per share in multiple transactions. Following the most recent purchase, the estate planning vehicle held 630,201 shares indirectly. A separate indirect holding entry shows 18,269,534 shares beneficially owned as of May 26, 2026 through Abrams Capital Partners I and II and Riva Capital Partners V and VI, where Raja is a member of the respective general partners and disclaims beneficial ownership except for his pecuniary interest.

Insights

Director and 10% owner reports sizeable open-market share purchases via affiliated entities.

Bobbili Raja, a director and 10% owner of ContextLogic Holdings Inc., reported net open-market purchases of 130,201 common shares between May 26–28, 2026. All buys were executed indirectly through an estate planning vehicle at weighted average prices in the $8.63–$8.75 range.

The filing also lists 18,269,534 shares beneficially owned as of May 26, 2026 through funds ACP I, ACP II, Riva V and Riva VI, with Raja involved via their general partners. He disclaims beneficial ownership beyond his pecuniary interest, so these holdings and purchases are economically linked but not all personally controlled.

This pattern represents net insider buying rather than option exercises or routine tax withholdings, which investors often view as a stronger signal of conviction. However, without share-count context for the company overall or any stated trading plan, the broader significance of these purchases must be gauged alongside future company disclosures and performance.

Insider Trade Summary

Net Buyer: 130,201 shares ($1,134,825)

Net Buy 4 txns

Insider Bobbili Raja

Role null

Bought 130,201 shs ($1.13M)

Type	Security	Shares	Price	Value
Purchase	Common Stock, par value $0.0001 per share	92,918	$8.746	$813K
Purchase	Common Stock, par value $0.0001 per share	4,862	$8.748	$43K
Purchase	Common Stock, par value $0.0001 per share	32,421	$8.625	$280K
holding	Common Stock, par value $0.0001 per share	--	--	--

Holdings After Transaction: Common Stock, par value $0.0001 per share — 630,201 shares (Indirect, By estate planning vehicle)

Footnotes (1)

The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $8.47 to $8.75, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth above. The Reporting Person is the managing member of the estate planning vehicle. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose. The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $8.73 to $8.75, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth above. The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $8.73 to $8.75, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth above. Shares reported herein as beneficially owned represent 578,862 shares held by Abrams Capital Partners I, L.P. ("ACP I"), 7,897,244 shares held by Abrams Capital Partners II, L.P. ("ACP II"), 5,262,976 shares held by Riva Capital Partners V, L.P. ("Riva V") and 4,530,452 shares held by Riva Capital Partners VI, L.P. ("Riva VI"). The Reporting Person is a member of (i) Abrams Capital, LLC, which is the general partner of each of ACP I and ACP II, (ii) Riva Capital Management V, LLC, which is the general partner of Riva V, and (iii) Riva Capital Management VI, LLC, which is the general partner of Riva VI. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.

Key Figures

Net shares bought: 130,201 shares Estate vehicle holding: 630,201 shares Weighted average price May 28: $8.746 per share +3 more

6 metrics

Net shares bought 130,201 shares Open-market purchases between May 26–28, 2026

Estate vehicle holding 630,201 shares Indirect holdings after May 28, 2026 purchase

Weighted average price May 28 $8.746 per share Open-market purchase of 92,918 shares on May 28, 2026

Weighted average price May 27 $8.748 per share Open-market purchase of 4,862 shares on May 27, 2026

Weighted average price May 26 $8.625 per share Open-market purchase of 32,421 shares on May 26, 2026

Indirect fund holdings 18,269,534 shares Beneficially owned via ACP I, ACP II, Riva V and Riva VI as of May 26, 2026

Key Terms

estate planning vehicle, weighted average price, beneficial ownership, pecuniary interest, +1 more

5 terms

estate planning vehicle financial

"nature_of_ownership: "By estate planning vehicle" and footnote naming Raja as managing member"

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

beneficial ownership financial

"The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein"

Section 16 regulatory

"shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose"

Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.

Form 4 Insider Transactions: What Each Field Means →

05/28/2026 - 09:07 PM

SEC Form 4

FORM 4

UNITED 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^*

Bobbili Raja

(Last)

(First)

(Middle)

222 BERKELEY STREET, 21ST FLOOR

(Street)

BOSTON

MASSACHUSETTS

02116

(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)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.0001 per share	05/26/2026		P		32,421	A	$8.625⁽¹⁾	532,421	I	By estate planning vehicle⁽²⁾
Common Stock, par value $0.0001 per share	05/27/2026		P		4,862	A	$8.748⁽³⁾	537,283	I	By estate planning vehicle⁽²⁾
Common Stock, par value $0.0001 per share	05/28/2026		P		92,918	A	$8.746⁽⁴⁾	630,201	I	By estate planning vehicle⁽²⁾
Common Stock, par value $0.0001 per share								18,269,534	I	See footnotes⁽⁵⁾⁽⁶⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $8.47 to $8.75, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth above.

2. The Reporting Person is the managing member of the estate planning vehicle. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.

3. The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $8.73 to $8.75, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth above.

4. The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $8.73 to $8.75, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth above.

5. Shares reported herein as beneficially owned represent 578,862 shares held by Abrams Capital Partners I, L.P. ("ACP I"), 7,897,244 shares held by Abrams Capital Partners II, L.P. ("ACP II"), 5,262,976 shares held by Riva Capital Partners V, L.P. ("Riva V") and 4,530,452 shares held by Riva Capital Partners VI, L.P. ("Riva VI").

6. The Reporting Person is a member of (i) Abrams Capital, LLC, which is the general partner of each of ACP I and ACP II, (ii) Riva Capital Management V, LLC, which is the general partner of Riva V, and (iii) Riva Capital Management VI, LLC, which is the general partner of Riva VI. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.

	/s/ Raja Bobbili	05/28/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did ContextLogic (LOGC) report for Bobbili Raja?

ContextLogic reported that director and 10% owner Bobbili Raja’s estate planning vehicle bought 130,201 common shares in open-market transactions between May 26 and May 28, 2026, at weighted average prices around $8.63–$8.75 per share, increasing its indirect holdings to 630,201 shares.

How many ContextLogic shares does the estate planning vehicle hold after these transactions?

After the May 28, 2026 transaction, the estate planning vehicle associated with director Bobbili Raja held 630,201 ContextLogic common shares indirectly. These shares are reported as held by an estate planning vehicle, with Raja as managing member and beneficial ownership disclaimed except for his pecuniary interest.

What larger indirect holdings in LOGC stock are reported for entities linked to Bobbili Raja?

The filing reports 18,269,534 ContextLogic shares beneficially owned as of May 26, 2026 through Abrams Capital Partners I and II and Riva Capital Partners V and VI. Raja is a member of the entities’ general partners and disclaims beneficial ownership beyond his pecuniary interest in those funds.

Were these ContextLogic insider transactions option exercises or open-market purchases?

The reported insider transactions were open-market purchases of common stock, coded as “P” on Form 4. No derivative exercises or option-related transactions were listed, and derivativeSummary shows zero derivative transactions, indicating straightforward share buying rather than option exercises or tax-withholding events.