Companies ContextLogic Holdings Inc.
ContextLogic (LOGC): executive pay, fiscal 2025
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CEO pay, last three years
- $7,752,184FY2025
CEO total pay was $7,752,184 in fiscal 2025; the brief holds no earlier figure for this CEO.
FY2025: salary $516,667 · bonus $825,000 · stock awards $6,395,269 · option awards $0
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Rishi Bajaj | $516,667 | $825,000 | $6,395,269 | $0 | $0 | $0 | $15,248 | $7,752,184 |
| Former Chief Executive Officer | ||||||||
| Brett Just | 275,000 | 112,500 | 0 | 0 | 0 | 0 | 296,760 | 684,260 |
| Former Chief Financial Officer | ||||||||
| Michael Scarola | 237,727 | 0 | 161,669 | 0 | 0 | 0 | 108 | 399,504 |
| Former Chief Financial Officer | ||||||||
| Mark Ward | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| President | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Rishi Bajaj | $7,752,184 | — | — | — |
| Brett Just | 684,260 | — | — | — |
| Michael Scarola | 399,504 | — | — | — |
| Mark Ward | 0 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The company aims to maintain a competitive executive compensation program by offering cash compensation for individual contributions and day-to-day responsibilities, while utilizing equity-based awards (RSUs and profits interests) to align executive interests with long-term stockholder value and business strategy.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Rishi Bajaj | PRSU | 2025-03-06 | — | 474,443 | — | — | $1,521,984 |
| Rishi Bajaj | PRSU | 2025-03-06 | — | 1,897,773 | — | — | 4,533,285 |
| Rishi Bajaj | PRSU | 2025-12-07 | — | 600,000 | — | — | 340,000 |
| Michael Scarola | RSU | 2025-07-30 | — | — | 23,740 | — | 161,669 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Michael Scarola | $161,669 | $0 | $0 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Rishi Bajaj | PSU | 600,000 | — | $340,000 |
| Rishi Bajaj | PSU | 1,897,773 | — | 4,533,285 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Jennifer ChouIndependent · Audit (Chair) · Nominating and Corporate Governance | $132,293 | $395,773 | — | — | — | $528,066 |
| Michael FarlekasIndependent · Audit · Compensation | 271,290 | 138,985 | — | — | — | 410,275 |
| Richard ParisiIndependent · Compensation · Not standing for re-election · Departed during FY | 81,290 | 303,458 | — | — | — | 384,748 |
| Marshall HeinbergIndependent · Audit | 81,290 | 296,507 | — | — | — | 377,797 |
| Elizabeth LaPumaIndependent · Compensation · Not standing for re-election · Departed during FY | 213,790 | 138,985 | — | — | — | 352,775 |
| Ted GoldthorpeIndependent · Compensation · Nominating and Corporate Governance · Investment Committee | 0 | 0 | — | — | — | — |
| Mark WardEmployee director · Investment Committee · US Salt Business Oversight Committee | 0 | 0 | — | — | — | — |
Board fee structure and ownership guideline
| Annual cash retainer | $150,000 |
|---|---|
| Annual equity retainer | $150,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 10,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $779,953 |
| Equity awards (grant-date value) | $1,273,708 |
| All other compensation | $0 |
| Total cost of the board | $2,053,661 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names ContextLogic as a peer
Companies that benchmark against LOGC
No companies currently name LOGC as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | ContextLogic Holdings Inc. | 2025 | Rishi Bajaj | $516,667 | $6,395,269 | $0 | $0 | $7,752,184 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (18 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Rishi Bajaj. DEF 14A, filed 2026-04-28. Section “Executive Compensation”. As printed: 7,752,184. View filing ↗
- Section 01, Brett Just. DEF 14A, filed 2026-04-28. Section “Executive Compensation”. As printed: 684,260. View filing ↗
- Section 01, Michael Scarola. DEF 14A, filed 2026-04-28. Section “Executive Compensation”. As printed: 399,504. View filing ↗
- Section 01, Mark Ward. DEF 14A, filed 2026-04-28. Section “Executive Compensation”. As printed: 0. View filing ↗
- Section 03, Rishi Bajaj PRSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Rishi Bajaj PRSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Rishi Bajaj PRSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Michael Scarola RSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 08, Jennifer Chou. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 528,066. View filing ↗
- Section 08, Michael Farlekas. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 410,275. View filing ↗
- Section 08, Richard Parisi. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 384,748. View filing ↗
- Section 08, Marshall Heinberg. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 377,797. View filing ↗
- Section 08, Elizabeth LaPuma. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 352,775. View filing ↗
- Section 08, Ted Goldthorpe. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: —. View filing ↗
- Section 08, Mark Ward. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: —. View filing ↗
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 779,953 + equity 1,273,708 + all other 0 = 2,053,661, summed across the director compensation table rows.
- ContextLogic Holdings Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in ContextLogic Holdings Inc.'s own proxy. As printed: 7,752,184. View filing ↗