ContextLogic Holdings (LOGC) director adds 250,000 shares via estate vehicle

Rhea-AI Filing Summary

ContextLogic Holdings Inc. director and ten percent owner Bobbili Raja, through an estate planning vehicle, reported open-market purchases of a total of 250,000 shares of common stock. The vehicle bought 87,366 shares at an average price of about $7.90 per share on March 10, 2026 and 162,634 shares at about $7.92 per share on March 9, 2026, both at weighted-average prices within disclosed intraday ranges. A separate holding entry shows 18,269,534 shares reported as indirectly beneficially owned through Abrams Capital Partners I and II and Riva Capital Partners V and VI, with Raja disclaiming beneficial ownership beyond his pecuniary interest.

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

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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 MA 02116

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.0001 per share	03/09/2026		P		162,634	A	$7.92(1)	162,634	I	By estate planning vehicle(2)
Common Stock, par value $0.0001 per share	03/10/2026		P		87,366	A	$7.9(3)	250,000	I	By estate planning vehicle(2)
Common Stock, par value $0.0001 per share								18,269,534	I	See footnotes(4)(5)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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 $7.89 to $8.00, 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 $7.86 to $7.92, 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. 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").

5. 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	03/11/2026
	** 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.

FAQ

What insider activity did ContextLogic (LOGC) disclose for Bobbili Raja?

ContextLogic reported that director and ten percent owner Bobbili Raja, through an estate planning vehicle, made open-market purchases of 250,000 common shares. These transactions were executed over two days at weighted-average prices under $8 per share.

How many ContextLogic (LOGC) shares did the estate planning vehicle buy and at what prices?

The estate planning vehicle bought 87,366 shares at about $7.90 on March 10, 2026 and 162,634 shares at about $7.92 on March 9, 2026. Both prices are weighted averages within disclosed intraday trading ranges.

Are the ContextLogic (LOGC) insider purchases direct or indirect holdings?

The 250,000 purchased shares are reported as indirectly owned "by estate planning vehicle." Footnotes state Raja is the managing member of this vehicle and disclaims beneficial ownership except to the extent of his pecuniary interest in the securities.

How many ContextLogic (LOGC) shares are reported as indirectly beneficially owned in total?

A holding entry reports 18,269,534 common shares as beneficially owned indirectly. These are held via Abrams Capital Partners I and II and Riva Capital Partners V and VI, with footnotes clarifying the respective fund share amounts and Raja’s relationship to their general partners.

What do the weighted-average prices in the ContextLogic (LOGC) Form 4 mean?

The reported per-share prices are weighted averages of multiple trades. For example, March 10 purchases occurred between $7.89 and $8.00. Raja undertakes to provide full breakdowns of shares bought at each price to the issuer, security holders, or SEC staff on request.

Does Bobbili Raja fully own the ContextLogic (LOGC) shares reported in the Form 4?

Footnotes state Raja disclaims beneficial ownership of shares held by the estate planning vehicle and various funds, except for his pecuniary interest. The inclusion of these securities is not deemed an admission of beneficial ownership for Section 16 or other purposes.