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[Form 4] ContextLogic Holdings Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

ContextLogic Holdings Inc. (LOGC) Chief Financial Officer reported the vesting and settlement of restricted stock units. On 11/14/2025, 11,870 RSUs converted into 11,870 shares of common stock at an exercise price of $0, and these shares are now held directly. The RSUs represent a right to receive one share of common stock for each unit upon vesting. According to the vesting schedule, 50% of the RSUs vested on November 14, 2025, and the remaining 50% are scheduled to vest on May 15, 2026, with vested RSUs settling on or following each vesting date and within 60 days of that date unless a later settlement date is agreed in writing.

Positive
  • None.
Negative
  • None.
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*
Scarola Michael Gerard

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

(Street)
OAKLAND CA 94601

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
11/14/2025
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 11/14/2025 M(1) 11,870 A $0 11,870 D
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
Restricted Stock Units $0 11/14/2025 M 11,870 (2) (2) Common Stock 11,870 $0 11,870 D
Explanation of Responses:
1. The Reporting Person previously received Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Common Stock, $0.0001 par value, for each RSU. This reported transaction represents the settlement of RSUs vested as of November 14, 2025.
2. Subject to the Reporting Person's continued service, 50% of the RSUs vested on November 14, 2025, and the remaining 50% of the RSUs will vest on May 15, 2026. 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 Lewis, Attorney-in-Fact 11/18/2025
** 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 did ContextLogic (LOGC) disclose in this Form 4 filing?

The filing reports that the Chief Financial Officer acquired 11,870 shares of ContextLogic Holdings Inc. common stock through the vesting and settlement of 11,870 restricted stock units on 11/14/2025.

How many ContextLogic (LOGC) RSUs vested in this transaction and at what price?

A total of 11,870 restricted stock units vested and were settled into 11,870 shares of common stock at an exercise price of $0 per share.

What is the vesting schedule for the CFO's ContextLogic (LOGC) RSUs?

Subject to continued service, 50% of the RSUs vested on November 14, 2025, and the remaining 50% are scheduled to vest on May 15, 2026.

When do vested RSUs for ContextLogic (LOGC) settle into shares?

Vested RSUs settle on or following the vesting date, and in any event within 60 days after the vesting date, unless the reporting person and the issuer agree in writing to a later settlement date.

How many ContextLogic (LOGC) shares does the CFO own after this RSU settlement?

Following this transaction, the reporting person beneficially owns 11,870 shares of ContextLogic Holdings Inc. common stock directly.

What type of security was involved in the ContextLogic (LOGC) Form 4 transaction?

The transaction involved restricted stock units (RSUs) that converted into shares of ContextLogic Holdings Inc. common stock upon vesting.

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Internet Retail
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United States
OAKLAND