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LOGC - Contextlogic Holdings Inc.

Insider Purchase by Abrams David C (Dir, 10%)

1 Month
After Trade
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Trade Summary

1 week ago, Abrams David C, serving as Dir, 10% owner at Contextlogic Holdings Inc. (LOGC), purchased 1,758,794 shares at $7.00 per share, for a total transaction value of $12,311,558.00. Following this transaction, Abrams David C now holds 18,269,534 shares of LOGC.

This purchase represents a 11.00% increase in Abrams David C's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Thursday, February 26, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, February 26, 2026, meaning the disclosure happened on the same day as the trade.

Contextlogic Holdings Inc. operates in the CONSUMER CYCLICAL sector, specifically within the INTERNET RETAIL industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.

Abrams David C

Abrams David C

Dir, 10%

Abrams David C (David C. Abrams) is the Managing Member of Abrams Capital, LLC, Abrams Capital Management, LLC, Riva Capital Management V, LLC, and Riva Capital Management VI, LLC, overseeing investment activities for affiliated funds including Abrams Capital Partners I, L.P., Abrams Capital Partners II, L.P., Riva Capital Partners V, L.P., and Riva Capital Partners VI, L.P.[[1]](https://www.investing.com/news/insider-trading-news/abrams-capital-funds-invests-123-million-in-contextlogic-logc-93CH-4530361)[[4]](https://www.stocktitan.net/sec-filings/LOGC/form-3-context-logic-holdings-inc-initial-statement-of-beneficial-own-53c64bb0bdaf.html) As a director and over 10% owner of ContextLogic Holdings Inc. (LOGC), Abrams has led significant investments, including a $12.3 million purchase of 1,758,794 shares at $7.00 on February 26, 2026, bringing affiliated holdings to 18,269,534 shares or 40% of the company.[[1]](https://www.investing.com/news/insider-trading-news/abrams-capital-funds-invests-123-million-in-contextlogic-logc-93CH-4530361)[[3]](https://www.stocktitan.net/sec-filings/LOGC/schedule-13d-context-logic-holdings-inc-major-shareholder-acquisition-31cdd9bedeeb.html)[[4]](https://www.stocktitan.net/sec-filings/LOGC/form-3-context-logic-holdings-inc-initial-statement-of-beneficial-own-53c64bb0bdaf.html)[[6]](https://ng.investing.com/news/insider-trading-news/abrams-david-c-buys-contextlogic-logc-shares-worth-123-million-93CH-2364494) These stakes were accumulated via the US Salt acquisition, rights offerings, and backstops, positioning Abrams Capital to influence board representation and strategic decisions as ContextLogic transforms into a tax-efficient acquisition platform.[[2]](https://kairosresearch.substack.com/p/contextlogic)[[3]](https://www.stocktitan.net/sec-filings/LOGC/schedule-13d-context-logic-holdings-inc-major-shareholder-acquisition-31cdd9bedeeb.html)[[5]](https://www.bcpartners.com/news/contextlogic-to-acquire-us-salt-from-emerald-lake-in-907-5-million-transaction-creating-new-business-ownership-platform-in-partnership-with-abrams-capital-and-bc-partners-credit/)

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Trade Price

$7.00

Quantity

1,758,794

Total Value

$12,311,558.00

Shares Owned

18,269,534

Trade Date

Thursday, February 26, 2026

7 days ago

SEC Filing Date

Thursday, February 26, 2026

CONSUMER CYCLICALINTERNET RETAIL

About Contextlogic Holdings Inc.

Company Overview

No company information available
View news mentioning LOGC

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