secwatch.observer — SEC 8-K summary
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Issuer:     ContextLogic Holdings Inc. (LOGC)
CIK:        0002064307
Form:       8-K
Filed at:   2026-06-01T20:15:17+00:00
Accession:  0002064307-26-000007
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ContextLogic appoints Scott Stewart as CFO & COO effective June 1; interim CFO resigns
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- Chad Chevalier resigns as Interim CFO effective June 1, 2026; no disagreement with company.
- Scott Stewart appointed CFO and COO effective June 1, 2026; previously CFO at Cantaloupe (CTLP).
- Stewart receives $400k base salary, bonus target 37.5%, and 50,000 RSUs vesting over 5 years.
- Severance: 6 months base salary without cause (outside change in control); 12 months if in connection with change in control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2064307/000206430726000007/0002064307-26-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2064307/000206430726000007/logc-20260529.htm
  HTML page:      https://secwatch.observer/filing/0002064307-26-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer