Board member at ContextLogic (NASDAQ: LOGC) receives 56,701 shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

ContextLogic Holdings Inc. director Jennifer K. Chou reported the settlement of previously granted Restricted Stock Units (RSUs) into common shares as part of her board compensation. On March 31, 2026, 56,701 RSUs vested and were exercised at $0.00 per share, delivering the same number of common shares.

Following the transaction, she directly holds 56,701 shares of Common Stock, and the RSU line in the filing shows 19,206 RSUs remaining after this settlement. The footnotes explain these RSUs were granted for board service and vest based on continued service, with provisions for vesting upon certain termination or change-in-control events.

Insider Trade Summary

56,701 shares exercised/converted

Mixed 2 txns

Insider Chou Jennifer K

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	56,701	$0.00	--
Exercise	Common Stock	56,701	$0.00	--

Holdings After Transaction: Restricted Stock Units — 19,206 shares (Direct); Common Stock — 56,701 shares (Direct)

Footnotes (1)

The Reporting Person was granted 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 March 31, 2026. The RSUs were granted in connection with the Reporting Person's service as a member of the Board of Directors for the Issuer. Subject to the Reporting Person's continued service, the RSUs will vest in full on the one-year anniversary of the date of grant based upon continued service, or on a pro-rata basis upon termination of service, including resignation before vesting. Upon termination of service, the Board in its discretion may fully vest the Reporting Person's RSUs. RSUs will fully vest in connection with the occurrence of a change in control or any other transaction the Board designates as a "special transaction." 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 the procedures the Issuer may prescribe at its discretion.

Key Figures

RSUs exercised: 56,701 RSUs Common shares received: 56,701 shares Exercise/settlement price: $0.00 per share +2 more

5 metrics

RSUs exercised 56,701 RSUs Vested and settled on March 31, 2026

Common shares received 56,701 shares Shares of ContextLogic common stock delivered from RSU settlement

Exercise/settlement price $0.00 per share Price per share for RSU conversion into common stock

Common stock holdings after 56,701 shares Total direct common stock owned following March 31, 2026 transaction

RSUs remaining after settlement 19,206 RSUs Total RSUs shown as outstanding after the reported transaction

Key Terms

Restricted Stock Units, derivative exercise/conversion, change in control, special transaction, +1 more

5 terms

Restricted Stock Units financial

"The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Common Stock"

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.

derivative exercise/conversion financial

"transaction_action: "derivative exercise/conversion" for the RSU transaction"

change in control financial

"RSUs will fully vest in connection with the occurrence of a change in control or any other transaction"

A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

special transaction financial

"any other transaction the Board designates as a "special transaction." Vested RSUs will settle"

Board of Directors financial

"The RSUs were granted in connection with the Reporting Person's service as a member of the Board of Directors for the Issuer."

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

Form 4 Insider Transactions: What Each Field Means →

04/01/2026 - 04:30 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^*

Chou Jennifer K

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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	03/31/2026		M⁽¹⁾		56,701	A	$0	56,701	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)
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)
Restricted Stock Units	$0⁽¹⁾	03/31/2026		M⁽²⁾		56,701		⁽³⁾	⁽³⁾	Common Stock	56,701	$0	19,206	D

Explanation of Responses:

1. The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Common Stock, $0.0001 par value, for each RSU.

2. This reported transaction represents the settlement of RSUs vested as of March 31, 2026.

3. The RSUs were granted in connection with the Reporting Person's service as a member of the Board of Directors for the Issuer. Subject to the Reporting Person's continued service, the RSUs will vest in full on the one-year anniversary of the date of grant based upon continued service, or on a pro-rata basis upon termination of service, including resignation before vesting. Upon termination of service, the Board in its discretion may fully vest the Reporting Person's RSUs. RSUs will fully vest in connection with the occurrence of a change in control or any other transaction the Board designates as a "special transaction." 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 the procedures the Issuer may prescribe at its discretion.

	/s/ Marianne Lewis, Attorney-in-Fact	04/01/2026
	** 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 did LOGC director Jennifer K. Chou report in this Form 4?

Jennifer K. Chou reported the settlement of previously granted Restricted Stock Units into common shares. On March 31, 2026, 56,701 RSUs vested and converted into 56,701 shares of ContextLogic common stock at $0.00 per share as part of her board compensation.

How many ContextLogic (LOGC) RSUs vested and settled in this filing?

The filing shows that 56,701 Restricted Stock Units vested and settled into 56,701 shares of common stock. These RSUs were granted for service on the Board of Directors and represent a contingent right to receive one share of common stock for each RSU upon vesting.

What is Jennifer K. Chou’s LOGC common stock holding after this Form 4?

After the reported RSU settlement, Jennifer K. Chou directly holds 56,701 shares of ContextLogic common stock. The non-derivative table lists 56,701 as the total number of common shares owned following the March 31, 2026 derivative exercise and conversion transaction.

Are any ContextLogic (LOGC) RSUs still outstanding for Jennifer K. Chou?

Yes. The derivative line in the Form 4 shows 19,206 Restricted Stock Units remaining after the March 31, 2026 settlement. These RSUs continue to be subject to the vesting provisions tied to her board service and potential special transactions described in the footnotes.

How do the LOGC RSUs for Jennifer K. Chou vest and settle?

The RSUs vest in full on the one-year anniversary of the grant date with continued service, or pro-rata upon earlier termination. They fully vest upon a change in control or Board-designated special transaction, and settle on or after vesting, within 60 days unless a later date is agreed.