[Form 4] ContextLogic Inc. Class A Common Stock Insider Trading Activity

Rhea-AI Filing Summary

Context: ContextLogic Inc. (NASDAQ: WISH) filed a Form 4 on July 2, 2025 reporting an equity award to Chief Financial Officer Michael G. Scarola.

Key details: On June 30, 2025 Scarola received 23,740 Restricted Stock Units (RSUs) with a zero exercise price. The RSUs vest in two equal tranches—50 % on November 15, 2025 and the remaining 50 % on May 15, 2026—provided he remains in service. Each vested unit converts into one share of Class A common stock and will settle within 60 days of the respective vesting date.

Ownership impact: No shares were sold or otherwise disposed of, and the filing lists 23,740 derivative securities now beneficially owned directly by the executive. The grant represents routine incentive compensation and does not materially affect ContextLogic’s share count or capital structure.

Investor takeaway: The transaction is a standard alignment mechanism between management and shareholders and, by itself, is not expected to be market-moving.

Insights

Equity Compensation Analyst

TL;DR: Routine RSU grant to CFO; no immediate buy/sell implication, neutral for valuation.

The Form 4 shows a single, straightforward equity award of 23,740 RSUs to CFO Michael Scarola. Because there are no concurrent disposals or option exercises, the transaction is strictly incentive-related. The vesting schedule—half in six months, half in one year—encourages executive retention through the next two reporting cycles. Given ContextLogic’s large outstanding share base, the dilution from this grant is de minimis. No financial performance conditions are mentioned, so shareholder value impact depends on future share price performance rather than operational milestones. Overall, this is a neutral governance event that neither signals insider confidence (no open-market purchase) nor concern (no sale).

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
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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^*

Scarola Michael Gerard

(Last) (First) (Middle)

2648 INTERNATIONAL BLVD.

STE. 115

(Street)

OAKLAND CA 94601

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ContextLogic 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)
06/30/2025

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

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	06/30/2025		A(1)		23,740		(2)	(2)	Class A Common Stock	23,740	$0	23,740	D

Explanation of Responses:

1. The Reporting Person was granted restricted stock units ("RSUs") which represent a contingent right to receive one share of the Issuer's Class A Common Stock, $0.0001 par value, for each RSU.

2. Subject to the Reporting Person's continued service, 50% of the RSUs will vest on November 15, 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	07/02/2025
	** 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.
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FAQ

How many shares did ContextLogic (WISH) CFO Michael Scarola receive?

He was granted 23,740 Restricted Stock Units, each convertible into one Class A common share.

When will the RSUs granted to the WISH CFO vest?

50% vest on November 15, 2025 and the remaining 50% on May 15, 2026, subject to continued service.

Did the CFO sell any ContextLogic shares in this Form 4 filing?

No. The filing reports only an RSU grant; there were no sales or disposals.

Does this Form 4 materially dilute ContextLogic shareholders?

The 23,740-share grant is immaterial relative to ContextLogic’s total shares outstanding, so dilution is negligible.