ContextLogic (NASDAQ: LOGC) CFO acquires 10,000 shares of common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ContextLogic Holdings Inc. executive insider trade: CFO & COO Stewart Scott Matthew bought 10,000 shares of Common Stock in an open-market purchase. The weighted average price was $9.76 per share, with individual trades between $9.70 and $9.78. Following this transaction, he directly owns 60,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,000 shares ($97,600)
Net Buy
1 txn
Insider
Stewart Scott Matthew
Role
CFO & COO
Bought
10,000 shs ($98K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.0001 per share | 10,000 | $9.76 | $98K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 60,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 10,000 shares
Weighted average price: $9.76 per share
Price range: $9.70–$9.78 per share
+2 more
5 metrics
Shares purchased
10,000 shares
Open-market purchase of Common Stock
Weighted average price
$9.76 per share
Purchase price for 10,000 shares
Price range
$9.70–$9.78 per share
Range of individual trade prices
Shares owned after transaction
60,000 shares
Direct holdings following purchase
Transaction date
June 12, 2026
Date of open-market purchase
Key Terms
open-market purchase, weighted average price, Common Stock, par value $0.0001 per share, Reporting Person
4 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
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.
Reporting Person regulatory
"The Reporting Person undertakes to provide to the issuer"
FAQ
What insider transaction did LOGC executive Stewart Scott Matthew report?
Stewart Scott Matthew, CFO & COO of ContextLogic Holdings Inc. (LOGC), reported buying 10,000 shares of Common Stock. The transaction was an open-market purchase, increasing his direct holdings to 60,000 shares after the trade.
What type of transaction is reported in this LOGC Form 4 filing?
The filing reports an open-market purchase of Common Stock, coded as “P” for a purchase. It is a non-derivative transaction, meaning the executive bought shares directly rather than exercising options or converting derivative securities.