ContextLogic Holdings (LOGC) director reports 500,065 shares held indirectly

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

ContextLogic Holdings Inc. director Paul S. Levy filed an initial Form 3 reporting indirect ownership of 500,065 shares of Common Stock of LOGC. These shares are held by Great Point Ventures LLC, an entity whose members are trusts for the benefit of Levy’s family members.

Levy is the sole manager of Great Point Ventures LLC but disclaims beneficial ownership of the securities, except for any pecuniary interest he may have through his ownership of the LLC. This filing establishes his starting ownership position as an insider rather than reporting a new market transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider LEVY PAUL S

Role Director

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 500,065 shares (Indirect, Great Point Ventures LLC)

Footnotes (1)

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Key Figures

Indirect Common Stock holdings: 500,065 shares Holding entries: 1 entry Net buy/sell shares: 0 shares

3 metrics

Indirect Common Stock holdings 500,065 shares Indirect ownership through Great Point Ventures LLC following reported position

Holding entries 1 entry Single holding record reported on Form 3

Net buy/sell shares 0 shares No reported purchases or sales in this initial ownership filing

Key Terms

Form 3, beneficial ownership, pecuniary interest, indirect

4 terms

Form 3 regulatory

"INSIDER FILING DATA (Form 3): {"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

beneficial ownership financial

"The reporting person disclaims beneficial ownership of the securities held by GPV, except to the extent of his pecuniary interest"

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

"except to the extent of his pecuniary interest, if any, in the securities by virtue of his ownership of GPV"

indirect financial

""ownership_type": "indirect","

Understanding Insider Trading Forms →

04/03/2026 - 04:30 PM

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

LEVY PAUL S

(Last)

(First)

(Middle)

2648 INTERNATIONAL BLVD STE 301

(Street)

OAKLAND

CALIFORNIA

94601

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/26/2026

3. Issuer Name and Ticker or Trading Symbol
ContextLogic Holdings Inc. [ LOGC ]

3a. Foreign Trading Symbol

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

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	500,065	I	Great Point Ventures LLC⁽¹⁾

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:

1. These shares are held by Great Point Ventures, LLC ("GPV"). The reporting person is the sole manager of GPV, the members of which are certain trusts held for the benefit of family members of the reporting person. The reporting person disclaims beneficial ownership of the securities held by GPV, except to the extent of his pecuniary interest, if any, in the securities by virtue of his ownership of GPV. This report shall not be deemed an admission that the reporting person was the beneficial owner of such securities.

	/s/ Marianne Lewis	04/03/2026
	** 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 5 (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 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What does Paul S. Levy’s Form 3 for ContextLogic (LOGC) report?

The Form 3 reports Paul S. Levy’s indirect ownership of 500,065 shares of ContextLogic Common Stock. These shares are held by Great Point Ventures LLC, establishing his starting insider position rather than disclosing a new stock purchase or sale.

How many ContextLogic (LOGC) shares are reported on this Form 3?

The filing reports indirect ownership of 500,065 shares of ContextLogic Common Stock. All of these shares are held through Great Point Ventures LLC, an entity connected to family trusts, rather than held directly in Paul S. Levy’s name.

How are the LOGC shares held that are reported for Paul S. Levy?

All reported shares are held by Great Point Ventures LLC. The members of this LLC are trusts for the benefit of Levy’s family members, and he is disclosed as the sole manager of Great Point Ventures LLC in the filing’s footnote.

Does Paul S. Levy claim full beneficial ownership of these LOGC shares?

No. Levy expressly disclaims beneficial ownership of the securities held by Great Point Ventures LLC, except for any pecuniary interest he may have through his ownership of the LLC, limiting how much of the position he treats as personally his.

Is this ContextLogic (LOGC) Form 3 a buy or sell transaction?

The Form 3 does not report a buy or sell; it is an initial ownership statement. It simply records an existing indirect holding of 500,065 shares through Great Point Ventures LLC as Levy becomes a reporting insider at ContextLogic.