LOCL (LOCL) insider trust files Form 144 to sell 1,700 shares

Rhea-AI Filing Summary

A shareholder of LOCL has filed a Form 144 notice to sell 1,700 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $4,276.52. The planned sale date is December 1, 2025 on the NYSE, and the issuer has 22,271,082 shares of common stock outstanding.

The 1,700 shares were received as a gift from an affiliate on December 28, 2022, originally acquired by the donor on November 19, 2021. Over the past three months, the same seller, KEBS TRUST, has completed multiple open-market sales of LOCL common stock, including 2,484 shares on September 3, 2025 for $5,119.52 and 1,906 shares on November 13, 2025 for $4,804.07. The signer represents that they are not aware of undisclosed material adverse information about the issuer.

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	1700	4276.52	22271082	12/01/2025	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	1700		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	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
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	09/02/2025	585	1347.84

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 Form 144 filing disclose?

The filing discloses that a shareholder intends to sell 1,700 shares of LOCL common stock under Rule 144. The sale is planned through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $4,276.52.

How many LOCL shares are planned for sale in this Form 144?

The shareholder plans to sell 1,700 shares of LOCL common stock, with an indicated aggregate market value of $4,276.52.

Who is the selling security holder in the LOCL Form 144 and how were the shares acquired?

The selling holder is KEBS TRUST. The 1,700 shares to be sold were acquired on December 28, 2022 as a gift from an affiliate, Wheat Wind Farms LLC, which originally acquired them on November 19, 2021.

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

The planned sale is to be executed on the NYSE through Morgan Stanley Smith Barney LLC Executive Financial Services based in New York.

How many LOCL shares are outstanding according to this Form 144?

The filing states that there are 22,271,082 shares of LOCL common stock outstanding.

What recent LOCL share sales has KEBS TRUST reported in the last three months?

The filing lists several recent sales by KEBS TRUST, including 2,484 shares sold on September 3, 2025 for $5,119.52 and 1,906 shares sold on November 13, 2025 for $4,804.07, along with multiple smaller transactions in November 2025.

What representation does the seller make about LOCL in signing Form 144?

By signing, the seller represents that they do not know any material adverse information regarding the issuer’s current or prospective operations that has not been publicly disclosed.