February 26, 2026 · Form 4 insider transaction
Bobbili Raja bought 1,758,794 shares of CONTEXTLOGIC INC at $7.00 per share, a transaction worth $12.31M. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 0 days after the transaction.
Shares reported herein as 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"). 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.; The Reporting Person is a 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. 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.