Scarola Michael Gerard sold LOGC
November 19, 2025 · Form 4 insider transaction
Scarola Michael Gerard sold 4,485 shares of ContextLogic Holdings Inc. at $7.05 per share, a transaction worth $31.6K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
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; The price reported in column 4 represents the sale price for the "sell to cover."