KEBS TRUST (LOCL) files Rule 144 notice to sell 700 common shares

Rhea-AI Filing Summary

KEBS TRUST has filed a Rule 144 notice to sell 700 shares of LOCL common stock through Morgan Stanley Smith Barney LLC Executive Financial Services on the NYSE, with an aggregate market value of 1762.46 and an approximate sale date of 12/15/2025. The filing also notes that 22271082 LOCL common shares are outstanding, giving context to the size of the planned sale.

The 700 shares to be sold are common stock that KEBS TRUST received as a gift on 12/28/2022 from Wheat Wind Farms LLC, which originally acquired the shares on 11/19/2021. The notice further lists numerous recent sales of LOCL common stock by KEBS TRUST during November and December 2025, showing an ongoing pattern of dispositions.

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Accepted by SEC EDGAR 12/15/2025 - 04:14 PM Learn about SEC filing dates

FAQ

How many LOCL shares does KEBS TRUST plan to sell under Rule 144?

KEBS TRUST plans to sell 700 shares of LOCL common stock under its Rule 144 notice, according to the securities information table.

What is the aggregate market value of the LOCL shares in this Rule 144 sale?

The 700 LOCL common shares covered by the notice have an aggregate market value of 1762.46, as reported in the filing.

On which exchange and through which broker will the LOCL shares be sold?

The LOCL common shares are planned to be sold on the NYSE through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

How did KEBS TRUST acquire the 700 LOCL shares it plans to sell?

The 700 LOCL common shares were acquired on 12/28/2022 as a gift from Wheat Wind Farms LLC, which originally obtained the shares on 11/19/2021.

How many LOCL common shares are outstanding according to this notice?

The notice states that there are 22271082 shares of LOCL common stock outstanding, providing a baseline for the issuer’s equity.

What recent LOCL share sales by KEBS TRUST are disclosed in the past 3 months?

The filing lists multiple recent sales of LOCL common stock by KEBS TRUST in November and December 2025, including individual transactions such as 2500 shares on 12/04/2025 and 100 shares on 11/05/2025, each with corresponding gross proceeds.

What is the approximate date of the planned LOCL share sale in this Rule 144 filing?

The approximate date of sale for the 700 LOCL common shares is disclosed as 12/15/2025 in the securities information section.

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	700	1762.46	22271082	12/15/2025	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	700		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	12/12/2025	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

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)