Raja Bobbili, a director at ContextLogic Holdings Inc., disclosed insider purchases in a Form 4 filing with the Securities and Exchange Commission reflecting two transactions on March 9 and March 10, 2026. Together the trades amount to 250,000 shares acquired at prices in the $7.86 to $8.00 range, with the combined consideration for the purchases equal to $1,978,252.
The filing breaks down the activity as follows: on March 9, Bobbili bought 162,634 shares at $7.92 per share; on March 10, he acquired an additional 87,366 shares at $7.90 per share. The filing also notes that these shares are held indirectly "by estate planning vehicle." Following these transactions, Bobbili’s total reported direct and indirect stake in ContextLogic stands at 18,519,534 shares.
At the time of reporting, ContextLogic’s stock is trading at $7.95 and the company carries a market capitalization of $363 million. Over the prior 12 months the share price has produced a 13% return, though price behavior is described as volatile, with a beta of 2.21 cited in related market commentary.
The Form 4 disclosure provides the precise transaction dates, share counts and per-share prices, and the filing indicates the ownership structure for the purchased shares. Investors and observers tracking insider activity can reference the filing for the detailed mechanics of the trades and the updated ownership totals reported by the director.
Additional market data and analysis noted in the filing context point to both the one-year return and the elevated beta figure, highlighting that the stock has experienced larger-than-average price swings year-over-year. The filing does not attach commentary on intent or future plans related to the holdings; it records the quantitative particulars of the purchases and the post-transaction ownership position.
Data points - Purchase dates: March 9 and March 10, 2026; Shares bought: 250,000 total; Purchase prices: $7.86 - $8.00 per share; Transaction value: $1,978,252; Post-transaction ownership: 18,519,534 shares; Current share price: $7.95; Market capitalization: $363 million; One-year return: 13%; Beta: 2.21.