Summary by Moomoo AI
Rishi Bajaj, the Chief Executive Officer of ContextLogic Inc. (WISH), completed a transaction to acquire 20,000 shares of the company's Class A Common Stock on May 1, 2024. The shares were acquired at no cost, indicating the exercise or conversion of a derivative security. Following this transaction, Bajaj directly holds a total of 20,000 shares in the company. The transaction reflects the CEO's increased stake in ContextLogic and is now part of his direct holdings.