Local Bounti (NYSE: LOCL) insider reports planned sale of 1,000 shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Local Bounti Corporation insider Matthew Nordby has filed a notice to sell 1,000 shares of the company’s common stock through Fidelity Brokerage Services on the NYSE, with an aggregate market value of $2,240.00. The filing reports that these shares were originally acquired on 03/08/2021 in a reverse merger transaction with the issuer.
The notice also lists prior sales over the past three months, where Nordby sold five blocks of 1,000 common shares each between 11/19/2025 and 12/17/2025, with gross proceeds ranging from $2,380.50 to $2,550.22 per transaction. The filing states that the seller represents not knowing any undisclosed material adverse information about Local Bounti’s current or prospective operations.
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FAQ
What does Local Bounti (LOCL) disclose in this Form 144 filing?
The filing discloses that insider Matthew Nordby plans to sell 1,000 shares of Local Bounti common stock on the NYSE through Fidelity Brokerage Services.
What representation does the seller make about Local Bounti (LOCL) in this filing?
The seller represents that he does not know of any material adverse information about Local Bounti’s current or prospective operations that has not been publicly disclosed.