David C. Abrams - 26 Feb 2026 Form 4 Insider Report for ContextLogic Holdings Inc. (LOGC)

Signature
/s/ David Abrams
Issuer symbol
LOGC
Transactions as of
26 Feb 2026
Net transactions value
+$12,311,558
Form type
4
Filing time
26 Feb 2026, 20:36:32 UTC
Previous filing
20 May 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Abrams David C Director, 10%+ Owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON /s/ David Abrams 26 Feb 2026 0001292250

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOGC Common Stock, par value $0.0001 per share Purchase $12,311,558 +1,758,794 +11% $7.00 18,269,534 26 Feb 2026 See footnotes F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares reported herein beneficially owned represent 578,862 shares held by Abrams Capital Partners I, L.P. ("ACP I"), 7,897,244 shares held by Abrams Capital Partners II, L.P. ("ACP II"), 5,262,976 shares held by Riva Capital Partners V, L.P. ("Riva V") and 4,530,452 shares held by Riva Capital Partners VI, L.P. ("Riva VI", and, together with ACP I, ACP II and Riva V, collectively the "Abrams Funds"). Of the shares purchased on February 26, 2026 reported herein, 120,126 shares were purchased by ACP I and 1,638,668 shares were purchased by ACP II.
F2 The Reporting Person is the managing member of (i) Abrams Capital, LLC, which is the general partner of each of ACP I and ACP II, (ii) Riva Capital Management V, LLC, which is the general partner of Riva V, and (iii) Riva Capital Management VI, LLC, which is the general partner of Riva VI. In addition, the Reporting Person is the managing member of Abrams Capital Management, LLC, which is the general partner of Abrams Capital Management, L.P., which is the investment manager of each of the Abrams Funds. As a result of the relationships described in this footnote, the Reporting Person may be deemed to share voting and dispositive power with respect to the shares held by each of the Abrams Funds. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.