Key facts
- This page summarizes Michael Gerard Scarola's Form 4 filing for ContextLogic Holdings Inc..
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 20 Nov 2025, 16:15.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Tax liability
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Options Exercise
Additional SEC filing notes
Footnote F1
The sale reported on this Form 4 represents shared sold to cover tax withholding obligations in connecting with the vesting and settlement of RSUs on November 14, 2025. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person
Footnote F2
The price reported in column 4 represents the sale price for the "sell to cover."
Footnote F3
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).
SEC remarks
The November 14, 2025 RSU conversion was also reported on the November 18, 2025 Form 4 but has been repeated here for additional context about the sell-to-cover transaction.