Trust plans 100-share Rule 144 stock sale in LOCL (NYSE: LOCL)

Rhea-AI Filing Summary

KEBS TRUST has filed a Rule 144 notice to sell 100 shares of common stock of LOCL through Morgan Stanley Smith Barney on or about January 28, 2026, on the NYSE, at an indicated aggregate market value of $220.00.

The 100 shares to be sold were acquired on December 28, 2022 as a gift from affiliate Wheat Wind Farms LLC, which originally acquired them on November 19, 2021. The notice also lists multiple prior open-market sales by KEBS TRUST over the past three months, with individual transactions ranging from 100 to 2,500 common shares.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	100	220.00	22271082	01/28/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/28/2022	Gift from Affiliate	Wheat Wind Farms LLC		11/19/2021	100		NA

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/23/2025	407	916.03
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/22/2025	564	1267.87
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/19/2025	313	714.52
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/18/2025	1300	3061.89
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/17/2025	600	1480.08
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/16/2025	300	741.00
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/15/2025	700	1762.46
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/12/2025	600	1501.02
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/11/2025	200	497.54
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/10/2025	412	1042.52
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/09/2025	226	586.47
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/08/2025	900	2198.97
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/05/2025	1800	4473.00
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/04/2025	2500	5819.00
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/03/2025	900	2163.24
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/02/2025	1011	2556.01
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/01/2025	1700	4276.52
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	11/28/2025	300	717.21
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	11/26/2025	300	717.00
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	11/25/2025	497	1146.73
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	11/24/2025	300	689.61
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	11/13/2025	1906	4804.07
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	11/12/2025	771	1880.93
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	11/11/2025	200	490.58
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	11/10/2025	504	1326.48
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	11/07/2025	279	694.38
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	11/06/2025	400	1004.00
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	11/05/2025	100	256.50
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	01/27/2026	300	669.93
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	01/26/2026	310	680.30
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	01/23/2026	300	660.03
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	01/22/2026	201	443.29
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	01/21/2026	400	883.00
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	01/20/2026	300	665.01
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	01/16/2026	500	1118.70
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	01/15/2026	400	894.00
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	01/14/2026	500	1108.00
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	01/13/2026	200	452.00
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	01/12/2026	100	228.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does LOCL's latest Form 144 filing disclose?

The filing discloses that KEBS TRUST plans to sell 100 LOCL common shares under Rule 144. The shares are expected to be sold on or about January 28, 2026, on the NYSE through Morgan Stanley Smith Barney.

How many LOCL shares are planned for sale under this Rule 144 notice?

The notice covers a planned sale of 100 LOCL common shares. The aggregate market value referenced for this planned sale is $220.00, and the transaction is expected to occur on or about January 28, 2026, via the NYSE.

Who is selling LOCL shares in this Form 144 and through which broker?

KEBS TRUST is the selling holder in this Rule 144 notice for LOCL shares. The trust plans to execute the 100-share sale through Morgan Stanley Smith Barney LLC Executive Financial Services, using the New York Stock Exchange as the trading venue.

How were the 100 LOCL shares in this Form 144 originally acquired?

The 100 LOCL common shares were acquired on December 28, 2022, as a gift from affiliate Wheat Wind Farms LLC. The donor originally acquired these securities on November 19, 2021, before transferring them to the selling holder.

What recent LOCL share sale activity by KEBS TRUST is listed?

The filing lists numerous LOCL common share sales by KEBS TRUST over the past three months. Individual trades range from 100 to 2,500 shares, with examples dated between November 2025 and January 2026, each showing the number of shares and gross proceeds.

How many LOCL shares are reported outstanding in this Rule 144 notice?

The notice reports 22,271,082 LOCL common shares outstanding. This figure appears alongside the planned 100-share sale and helps contextualize the size of the proposed transaction relative to the total outstanding shares.