Shareholder of LOCL (LOCL) files Rule 144 to sell 100 common shares
Rhea-AI Filing Summary
A shareholder associated with KEBS TRUST filed a Rule 144 notice to sell 100 shares of LOCL common stock through Morgan Stanley Smith Barney on the NYSE, with an aggregate market value of 228.00. The filing states that the issuer had 22,271,082 common shares outstanding. The 100 shares to be sold were received as a gift from affiliate Wheat Wind Farms LLC, acquired on 12/28/2022, with the donor’s acquisition date listed as 11/19/2021. Over the prior three months, KEBS TRUST reported multiple open-market sales of the same issuer’s common stock, including 2,500 shares sold on 12/04/2025 for gross proceeds of 5,819.00. The signer represents that they are not aware of undisclosed material adverse information about the issuer’s operations.
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FAQ
Who is the selling holder in this LOCL Rule 144 notice?
The selling holder identified in the tables is KEBS TRUST, located at 490 Foley Lane, Hamilton, MT 59840. The trust is the party for whose account the LOCL common shares are being sold under Rule 144.
What recent LOCL stock sales has KEBS TRUST reported?
Over the past three months, KEBS TRUST reported multiple sales of LOCL common stock. Examples include 2,500 shares sold on 12/04/2025 for gross proceeds of 5,819.00 and 1,800 shares on 12/05/2025 for 4,473.00, along with numerous smaller transactions in November and December 2025.
What representation does the seller make in this LOCL Rule 144 notice?
The person for whose account the LOCL securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed. The notice also warns that intentional misstatements or omissions can constitute federal criminal violations.