Conviction
$ Value
$12.3M
Shares
1,758,794
Price
$7
Filed
Feb 26
▶ Why this score? (10/10)
- ✓ Open market buy (+3)
- ✓ Trade value >= $5.0M (+3)
- ✓ 10%+ owner (+1)
- ✓ Cluster: 3 insiders buying (+2)
- ✓ Not a 10b5-1 plan (+1)
Insider
Name
ABRAMS CAPITAL MANAGEMENT, L.P.
Title
—
CIK
0001358706
Roles
Transaction Details
Transaction Date
2026-02-26
Code
P
Table
Non-Derivative
Ownership
Indirect
Equity Swap
No
Shares After
18,269,534
Footnotes
Shares reported herein as beneficially owned represent 578,862 shares held by Abrams Capital Partners I, L.P. ("ACP I"), 7,897,244 shares held by Abrams Capital Partners II, L.P. ("ACP II"), 5,262,976 shares held by Riva Capital Partners V, L.P. ("Riva V") and 4,530,452 shares held by Riva Capital Partners VI, L.P. ("Riva VI", and, together with ACP I, ACP II and Riva V, collectively the "Abrams Funds"). Of the shares purchased on February 26, 2026 reported herein, 120,126 shares were purchased by ACP I and 1,638,668 shares were purchased by ACP II. | Abrams Capital, LLC ("AC LLC") is the general partner of ACP I and ACP II. As a result, AC LLC may be deemed to share voting and dispositive power with respect to the shares held by ACP I and ACP II. | Riva Capital Management V, LLC ("RCM V") is the general partner of Riva V. As a result, RCM V may be deemed to share voting and dispositive power with respect to the shares held by Riva V. | Riva Capital Management VI, LLC ("RCM VI") is the general partner of Riva VI. As a result, RCM VI may be deemed to share voting and dispositive power with respect to the shares held by Riva VI. | Abrams Capital Management, L.P. (the "LP") is the investment manager of each of the Abrams Funds and, in such capacity, manages the investment strategy and decision-making process with respect to investments held by the Abrams Funds. As a result, the LP may be deemed to share voting and dispositive power with respect to the shares held by the Abrams Funds. | Abrams Capital Management, LLC (the "LLC") is the general partner of the LP. As a result, the LLC may be deemed to share voting and dispositive power with respect to the shares held by the Abrams Funds. | Each reporting person disclaims beneficial ownership of the reported shares except to the extent of its pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
Filing Info
ABRAMS CAPITAL MANAGEMENT, L.P.'s History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2026-02-26 | LOGC | ▲ | $12.3M ★ |
| 2025-07-30 | ABG | ▲ | $10.6M |
Other Insiders at LOGC (90d)
| Insider | Bought | Sold | Last |
|---|---|---|---|
| Bobbili Raja | $15.1M | — | 2026-03-17 |
| Abrams David C | $12.3M | — | 2026-02-26 |
| Chou Jennifer K | — | — | 2026-03-31 |