Local Bounti (NYSE: LOCL) trust plans Rule 144 sale of 600 common shares
Rhea-AI Filing Summary
Local Bounti Holdings (LOCL) has a planned insider sale under Rule 144. KEBS TRUST filed to sell 600 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $1,501.02. The filing notes that there were 22,271,082 common shares outstanding and identifies the New York Stock Exchange (NYSE) as the trading venue.
The 600 shares to be sold were acquired as a gift from affiliate Wheat Wind Farms LLC on December 28, 2022, with the donor having acquired the securities on November 19, 2021. Over the prior three months, KEBS TRUST has reported multiple sales of LOCL common stock, including 2,500 shares on November 4, 2025 for $5,819.00 and 1,800 shares on December 5, 2025 for $4,473.00.
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FAQ
What does the LOCL Form 144 filing disclose?
The filing discloses that KEBS TRUST intends to sell 600 shares of Local Bounti Holdings common stock under Rule 144 through a broker on the NYSE.
Who is the seller and which broker is handling the LOCL Rule 144 sale?
The seller is KEBS TRUST, and the broker listed is Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.
What recent LOCL stock sales by KEBS TRUST are disclosed in the past 3 months?
The filing lists multiple prior sales of LOCL common stock by KEBS TRUST, including 2,500 shares on December 4, 2025 for $5,819.00 and 1,800 shares on December 5, 2025 for $4,473.00, along with several smaller transactions in November and December 2025.