Local Bounti (NYSE: LOCL) holder files Rule 144 to sell 900 common shares

Rhea-AI Filing Summary

A shareholder of Local Bounti (LOCL) has filed a notice under Rule 144 to sell up to 900 common shares through Morgan Stanley Smith Barney LLC on the NYSE, with an approximate sale date of 12/03/2025. The filing notes that 22,271,082 common shares were outstanding at the time of the notice.

The 900 shares to be sold were acquired as a gift on 12/28/2022 from Wheat Wind Farms LLC, which originally acquired the securities on 11/19/2021. The notice also lists prior sales by KEBS TRUST over the past three months, including several transactions in November and a sale of 2,484 common shares for gross proceeds of $5,119.52 on 09/03/2025.

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	900	2163.24	22271082	12/03/2025	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	900		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	12/02/2025	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	09/03/2025	2484	5119.52

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 the LOCL Rule 144 filing disclose about planned share sales?

The filing discloses that a shareholder of Local Bounti (LOCL) intends to sell up to 900 common shares through Morgan Stanley Smith Barney LLC on the NYSE, with an approximate sale date of 12/03/2025.

How many Local Bounti shares are outstanding in this Rule 144 notice?

The notice states that there were 22,271,082 common shares outstanding at the time of the planned sale under Rule 144.

How were the 900 Local Bounti shares in the Rule 144 filing acquired?

The 900 common shares to be sold were acquired on 12/28/2022 as a gift from an affiliate, specifically from Wheat Wind Farms LLC, which originally acquired the securities on 11/19/2021.

Which broker will handle the sale of Local Bounti shares under this Rule 144?

The planned sale of 900 Local Bounti common shares will be executed through Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, New York, NY 10004.

What prior Local Bounti share sales are disclosed for the past three months?

The notice lists multiple prior sales by KEBS TRUST between 09/03/2025 and 12/02/2025, including a sale of 2,484 common shares for $5,119.52 on 09/03/2025 and several smaller transactions in November and early December.

What does the Rule 144 certification state in this Local Bounti filing?

The person for whose account the securities are 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, and acknowledges that intentional misstatements or omissions are federal criminal violations.