ContextLogic Holdings Inc.
US ˙ OTCPK ˙ US21077C3051

Introduction

This page provides a comprehensive analysis of the known insider trading history of Tarun Kumar Jain. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

Companies with Reported Insider Positions

The SEC filings indicate Tarun Kumar Jain has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:WISH / ContextLogic Inc. Former Chief Product Officer 90,622
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Tarun Kumar Jain. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases LOGC / ContextLogic Holdings Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in LOGC / ContextLogic Holdings Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

LOGC / ContextLogic Holdings Inc. Insider Trades
Insider Sales LOGC / ContextLogic Holdings Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in LOGC / ContextLogic Holdings Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
2022-02-17 WISH Jain Tarun Kumar 37,366 2.4036 1,246 72.1080 89,813 314 13.161 -73,427 -81.76
2021-12-01 WISH Jain Tarun Kumar 25,000 3.7305 833 111.9150 93,262
2021-11-17 WISH Jain Tarun Kumar 67,605 4.8876 2,254 146.6280 330,426

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

LOGC / ContextLogic Holdings Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Tarun Kumar Jain as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change
Share
Price
Tran
Value
Remaining
Value
2023-03-06 2023-03-02 4 WISH ContextLogic Inc.
Class A Common Stock
S - Sale X -88,000 90,622 -49.27 0.46 -40,058 41,251
2023-02-17 2023-02-15 4 WISH ContextLogic Inc.
Class A Common Stock
F - Taxes -183,649 178,622 -50.69 0.95 -173,567 168,816
2023-02-17 2023-02-15 4 WISH ContextLogic Inc.
Class A Common Stock
M - Exercise 362,271 362,271
2023-02-06 2023-02-02 4 WISH ContextLogic Inc.
Class A Common Stock
S - Sale X -76,629 0 -100.00 0.77 -58,989
2023-01-18 2022-11-15 4/A WISH ContextLogic Inc.
Class A Common Stock
F - Taxes -179,615 252,629 -41.55 0.80 -143,692 202,103
2023-01-18 2022-11-15 4/A WISH ContextLogic Inc.
Class A Common Stock
M - Exercise 362,272 432,244 517.74
2023-01-18 2022-08-15 4/A WISH ContextLogic Inc.
Class A Common Stock
F - Taxes -191,994 421,972 -31.27 1.66 -318,710 700,474
2023-01-18 2022-08-15 4/A WISH ContextLogic Inc.
Class A Common Stock
M - Exercise 362,272 613,966 143.93
2023-01-18 2022-05-15 4/A WISH ContextLogic Inc.
Class A Common Stock
F - Taxes -167,236 281,694 -37.25 1.54 -257,543 433,809
2023-01-18 2022-05-15 4/A WISH ContextLogic Inc.
Class A Common Stock
M - Exercise 270,061 448,930 150.98
2023-01-05 2023-01-03 4 WISH ContextLogic Inc.
Class A Common Stock
S - Sale X -88,000 76,629 -53.45 0.49 -43,384 37,778
2022-12-06 2022-12-02 4 WISH ContextLogic Inc.
Class A Common Stock
S - Sale X -88,000 201,764 -30.37 0.69 -60,738 139,258
2022-11-17 2022-11-15 4 WISH ContextLogic Inc.
Class A Common Stock
F - Taxes -191,788 289,764 -39.83 0.80 -153,430 231,811
2022-11-17 2022-11-15 4 WISH ContextLogic Inc.
Class A Common Stock
M - Exercise 386,823 481,552 408.35
2022-11-04 2022-11-02 4 WISH ContextLogic Inc.
Class A Common Stock
S - Sale X -88,000 94,729 -48.16 0.74 -65,375 70,374
2022-10-05 2022-10-03 4 WISH ContextLogic Inc.
Class A Common Stock
S - Sale X -88,000 182,729 -32.50 0.72 -63,430 131,711
2022-09-07 2022-09-02 4 WISH ContextLogic Inc.
Class A Common Stock
S - Sale X -88,000 270,729 -24.53 1.23 -108,161 332,753
2022-08-17 2022-08-17 4 WISH ContextLogic Inc.
Class A Common Stock
S - Sale X -88,000 358,729 -19.70 1.67 -146,775 598,324
2022-08-17 2022-08-15 4 WISH ContextLogic Inc.
Class A Common Stock
F - Taxes -191,788 446,729 -30.04 1.66 -318,368 741,570
2022-08-17 2022-08-15 4 WISH ContextLogic Inc.
Class A Common Stock
M - Exercise 386,823 638,517 153.69
2022-05-20 2022-05-18 4 WISH ContextLogic Inc.
Class A Common Stock
S - Sale X -30,000 251,694 -10.65 1.53 -45,846 384,639
2022-05-17 2022-05-15 4 WISH ContextLogic Inc.
Restricted Stock Unit
M - Exercise -294,612 2,946,128 -9.09
2022-05-17 2022-05-15 4 WISH ContextLogic Inc.
Restricted Stock Unit
M - Exercise -92,210 1,106,521 -7.69
2022-05-17 2022-05-15 4 WISH ContextLogic Inc.
Class A Common Stock
F - Taxes -191,787 281,694 -40.51 1.54 -295,352 433,809
2022-05-17 2022-05-15 4 WISH ContextLogic Inc.
Class A Common Stock
M - Exercise 294,612 473,481 164.71
2022-05-17 2022-05-15 4 WISH ContextLogic Inc.
Class A Common Stock
M - Exercise 92,210 178,869 106.41
2022-04-20 2022-04-18 4 WISH ContextLogic Inc.
Class A Common Stock
S - Sale X -30,000 86,659 -25.72 1.92 -57,666 166,576
2022-03-22 2022-03-18 4 WISH ContextLogic Inc.
Class A Common Stock
S - Sale X -30,000 116,659 -20.46 2.07 -62,034 241,227
2022-03-17 2022-03-15 4 WISH ContextLogic Inc.
Restricted Stock Unit
A - Award -3,240,740 3,240,740 -50.00
2022-02-18 2022-02-17 4 WISH ContextLogic Inc.
Class A Common Stock
S - Sale -37,366 146,659 -20.30 2.40 -89,813 352,510
2022-02-17 2022-02-15 4 WISH ContextLogic Inc.
Restricted Stock Unit
M - Exercise -92,210 1,198,731 -7.14
2022-02-17 2022-02-15 4 WISH ContextLogic Inc.
Class A Common Stock
M - Exercise 92,210 184,025 100.43
2021-12-03 2021-12-01 4 WISH ContextLogic Inc.
Class A Common Stock
S - Sale -25,000 91,815 -21.40 3.73 -93,262 342,516
2021-11-19 2021-11-17 4 WISH ContextLogic Inc.
Class A Common Stock
S - Sale -67,605 116,815 -36.66 4.89 -330,426 570,945
2021-11-17 2021-11-15 4 WISH ContextLogic Inc.
Restricted Stock Unit
M - Exercise -184,420 1,290,941 -12.50
2021-11-17 2021-11-15 4 WISH ContextLogic Inc.
Class A Common Stock
M - Exercise 184,420 184,420
2021-08-04 2021-08-02 4 WISH ContextLogic Inc.
Restricted Stock Unit
A - Award 1,475,361 1,475,361
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)