LOCL (ticker: LOCL) insider KEBS TRUST files Rule 144 to sell shares

Rhea-AI Filing Summary

KEBS TRUST filed a notice to sell LOCL common stock under SEC Rule 144. The trust plans to sell 300 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of 717.21, when approximately 22,271,082 shares were outstanding. The planned sale date is listed as 11/28/2025 on the NYSE.

The 300 shares to be sold were received on 12/28/2022 as a gift from Wheat Wind Farms LLC, which originally acquired them on 11/19/2021. Over the past three months, KEBS TRUST has already sold multiple blocks of LOCL common stock, including 2,484 shares on 09/03/2025 for gross proceeds of 5,119.52 and 1,906 shares on 11/13/2025 for gross proceeds of 4,804.07.

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	300	717.21	22271082	11/28/2025	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	300		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	11/26/2025	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
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	08/29/2025	531	1260.49
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	08/28/2025	300	732.00

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 this Form 144 filing mean for LOCL?

This Form 144 shows that KEBS TRUST, an affiliate holder, has notified the SEC of its intent to sell 300 LOCL common shares under Rule 144. It is a disclosure of a planned sale, not an offering by the company itself.

How many LOCL shares is KEBS TRUST planning to sell in this notice?

KEBS TRUST plans to sell 300 shares of LOCL common stock. The filing lists an aggregate market value of 717.21 for this proposed sale.

Which broker will handle the LOCL shares sale reported in this Form 144?

The proposed sale of LOCL shares will be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

How many LOCL shares were outstanding at the time referenced in the Form 144?

The filing states that 22,271,082 shares of LOCL common stock were outstanding at the time referenced in connection with this Rule 144 notice.

What prior LOCL stock sales has KEBS TRUST made in the last three months?

Over the last three months, KEBS TRUST has sold multiple blocks of LOCL common stock, including 2,484 shares on 09/03/2025 for gross proceeds of 5,119.52 and 1,906 shares on 11/13/2025 for gross proceeds of 4,804.07, along with several smaller transactions.

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

The 300 LOCL shares to be sold were acquired on 12/28/2022 as a gift from an affiliate, Wheat Wind Farms LLC, which originally acquired the securities on 11/19/2021.