Bond.az reports that Raja Bobbili, a director of ContextLogic Holdings Inc., acquired 130,201 shares of common stock for approximately $1,134,824. The transactions occurred over several days in late May 2026.
The stock traded at $8.80, near its 52-week high of $9.14. Shares are up 16% year-to-date.
The purchases were executed across three separate dates: 32,421 shares on May 26, 4,862 on May 27, and 92,918 on May 28. Prices ranged from $8.625 to $8.748 per share.
Following these transactions, Mr. Bobbili's indirect holdings increased to 630,201 shares through an estate planning vehicle. He also indirectly holds 18,269,534 shares through various investment partnerships.
