[144] Local Bounti Corporation/DE SEC Filing
Rhea-AI Filing Summary
Local Bounti (LOCL) reported a Form 144 notice for a proposed secondary sale of 200 common shares, with an aggregate market value of $490.58, through Morgan Stanley Smith Barney LLC on or about 11/11/2025 on the NYSE.
The filing lists 22,123,010 shares outstanding. The 200 shares were acquired as a gift from an affiliate on 12/28/2022 (donor’s acquisition date: 11/19/2021). The notice also details recent sales by the same account, including 504 shares on 11/10/2025 for $1,326.48 and 2,484 shares on 09/03/2025 for $5,119.52. This is an administrative disclosure of potential sales under Rule 144.
Positive
- None.
Negative
- None.
Insights
Routine Form 144 for a small planned resale; neutral impact.
This notice discloses an intended Rule 144 sale of 200 LOCL common shares with an $490.58 aggregate market value, routed via Morgan Stanley Smith Barney LLC on or about 11/11/2025. Form 144 alerts the market to potential resales by affiliates or other covered persons; it does not itself execute the transaction.
The filing includes baseline context of 22,123,010 shares outstanding and lists past 3‑month sales by the same account, such as 504 shares on 11/10/2025 for $1,326.48. Actual market effect depends on whether and how the seller transacts; the amounts disclosed here are small relative to the outstanding base.
No proceeds to the issuer are described; this concerns a holder’s resale under Rule 144. Subsequent filings may provide additional transaction details if sales occur.