LOCL stock (LOCL) insider KEBS TRUST plans sale of 1,011 shares
Rhea-AI Filing Summary
KEBS TRUST filed a notice on Form 144 to sell 1,011 shares of common stock of LOCL through broker Morgan Stanley Smith Barney LLC on the NYSE. The planned sale has an aggregate market value of $2,556.01. These shares were originally received as a gift from affiliate Wheat Wind Farms LLC, which acquired them on 11/19/2021, with the trust receiving them on 12/28/2022.
Over the prior three months, KEBS TRUST has already sold multiple small blocks of LOCL common shares, including 1,700 shares on 12/01/2025 for $4,276.52 and several other transactions in November and September 2025. By signing the notice, the seller represents that they are not aware of any undisclosed material adverse information about the issuer’s operations.
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FAQ
What does the LOCL Form 144 filing by KEBS TRUST disclose?
The filing shows that KEBS TRUST intends to sell 1,011 shares of LOCL common stock under Rule 144 through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $2,556.01.
How many LOCL shares has KEBS TRUST recently sold?
During the past three months, KEBS TRUST reported multiple LOCL common stock sales, including 1,700 shares on 12/01/2025 for $4,276.52 and several smaller trades in November and early September 2025.
How did KEBS TRUST acquire the 1,011 LOCL shares being sold?
The 1,011 LOCL common shares were received as a gift from affiliate Wheat Wind Farms LLC. The trust acquired them on 12/28/2022, and the donor originally acquired the shares on 11/19/2021.
Which broker is handling the planned LOCL share sale?
The planned sale of 1,011 LOCL common shares is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, New York, NY 10004.
On what date does KEBS TRUST expect to sell the 1,011 LOCL shares?
The notice lists an approximate date of sale of 12/02/2025 for the planned disposition of 1,011 LOCL common shares on the NYSE.
What representation does the seller make in the LOCL Form 144 filing?
By signing the notice, the seller represents that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.