LOGC - Contextlogic Holdings Inc.

Insider Purchase by Bobbili Raja (Dir, 10%)

1 Month
After Trade
Before Trade

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Trade Summary

1 week ago, Bobbili Raja, 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, Bobbili Raja now holds 18,269,534 shares of LOGC.

This purchase represents a 11.00% increase in Bobbili Raja'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.

Bobbili Raja

Dir, 10%

Raja Bobbili is a Managing Director at Abrams Capital, a prominent investment firm, where he plays a key role in managing funds such as 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://au.investing.com/news/insider-trading-news/bobbili-raja-buys-contextlogic-logc-shares-worth-123-million-93CH-4282409)[[2]](https://www.stocktitan.net/sec-filings/LOGC/form-3-context-logic-holdings-inc-initial-statement-of-beneficial-own-2acbe11b04e8.html)[[3]](https://kairosresearch.substack.com/p/contextlogic) As a director and 10% owner of ContextLogic Holdings Inc. (LOGC), he recently oversaw the indirect purchase of 1,758,794 shares worth $12.3 million at $7.00 per share on February 26, 2026, increasing holdings to 18,269,534 shares through these entities.[[1]](https://au.investing.com/news/insider-trading-news/bobbili-raja-buys-contextlogic-logc-shares-worth-123-million-93CH-4282409)[[4]](https://www.stocktitan.net/sec-filings/LOGC/form-4-context-logic-holdings-inc-insider-trading-activity-5d0e20d556ee.html)[[6]](https://www.stocktitan.net/sec-filings/LOGC/schedule-13d-context-logic-holdings-inc-major-shareholder-acquisition-31cdd9bedeeb.html) Bobbili disclaims beneficial ownership beyond his pecuniary interest in these funds.[[2]](https://www.stocktitan.net/sec-filings/LOGC/form-3-context-logic-holdings-inc-initial-statement-of-beneficial-own-2acbe11b04e8.html) Bobbili has been instrumental in ContextLogic's transformation into a capital allocation vehicle leveraging $2.9 billion in NOLs, including its $907.5 million acquisition of US Salt, financed partly by BC Partners' $150 million commitment.[[3]](https://kairosresearch.substack.com/p/contextlogic)[[5]](https://www.otcmarkets.com/filing/conv_pdf?id=18981100&guid=GNt-keWSJ-xzB3h)[[7]](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/) He joined LOGC's board alongside David Abrams, succeeding as Chairman, and chairs the US Salt Business Oversight Committee while serving on the Investment Committee, emphasizing long-term ownership principles without compensation from the company.[[5]](https://www.otcmarkets.com/filing/conv_pdf?id=18981100&guid=GNt-keWSJ-xzB3h)[[7]](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/)[[8]](https://www.sec.gov/Archives/edgar/data/2064307/000090266425005225/ex99_1.htm)

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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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