LOCL (LOCL) holder files notice to sell common stock
Rhea-AI Filing Summary
KEBS TRUST has filed a notice of proposed sale of restricted or control securities, covering 407 shares of common stock to be sold through Morgan Stanley Smith Barney LLC. The shares have an aggregate market value of $916.03, and the issuer has 22,271,082 shares12/23/2025 on the NYSE.
The 407 shares were originally acquired on 12/28/2022 as a gift from affiliate Wheat Wind Farms LLC, which acquired them on 11/19/2021. Over the prior three months, KEBS TRUST has sold multiple blocks of the same issuer’s common stock, including 2,500 shares for $5,819.00 on 12/04/2025 and 1,800 shares for $4,473.00 on 12/05/2025.
Positive
- None.
Negative
- None.
FAQ
How many LOCL shares does KEBS TRUST plan to sell under this Form 144?
KEBS TRUST plans to sell 407 shares of common stock under this notice, with an aggregate market value of $916.03.
When is the planned sale date for the LOCL shares in this Form 144?
The approximate sale date for the 407 common shares is listed as 12/23/2025, with the transaction to occur on the NYSE.
Which broker is handling the planned LOCL share sale for KEBS TRUST?
The planned sale of 407 common shares is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.
How and when did KEBS TRUST acquire the LOCL shares being sold?
The 407 common shares to be sold were acquired on 12/28/2022 as a gift from affiliate Wheat Wind Farms LLC, which originally acquired the shares on 11/19/2021.
How many LOCL shares are outstanding in the class being sold?
The class of common stock in which KEBS TRUST is selling shares has 22,271,082 shares outstanding according to the notice.
What LOCL share sales has KEBS TRUST made in the last three months?
Over the past three months, KEBS TRUST has reported multiple sales of common stock, including 2,500 shares for $5,819.00 on 12/04/2025 and 1,800 shares for $4,473.00 on 12/05/2025, among other smaller trades.
What representation does the seller make in this LOCL Form 144 filing?
The seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.