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[144] Local Bounti Corporation/DE SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

LOCL reported a planned sale of restricted stock under Rule 144. A holder intends to sell 497 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an indicated aggregate market value of $1,146.73. The filing notes that 22,271,082 common shares were outstanding at the time of the notice.

The 497 shares to be sold were originally acquired on 12/28/2022 as a gift from affiliate Wheat Wind Farms LLC. The notice also lists prior sales over the past three months by KEBS TRUST, which has sold multiple small blocks of LOCL common stock on various dates, each with reported gross proceeds. By signing the notice, the selling holder represents that they are not aware of undisclosed material adverse information about the issuer’s current or prospective operations.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the LOCL Form 144 filing report?

The Form 144 reports an intended sale of 497 shares of LOCL common stock under Rule 144 by an existing holder, with the trade to be executed on the NYSE through Morgan Stanley Smith Barney LLC.

How many LOCL shares are planned to be sold and what is their market value?

The filing states that 497 shares of LOCL common stock are to be sold, with an aggregate market value of $1,146.73 at the time of the notice.

How many LOCL common shares were outstanding at the time of the Form 144 notice?

The Form 144 indicates that there were 22,271,082 shares of LOCL common stock outstanding when the notice was prepared.

How and when were the LOCL shares being sold originally acquired?

The 497 LOCL shares were acquired on 12/28/2022 as a gift from affiliate Wheat Wind Farms LLC, with the donor having acquired the securities on 11/19/2021.

What prior LOCL stock sales are disclosed in the past three months?

The filing lists a series of LOCL common stock sales by KEBS TRUST over the past three months, including transactions such as 2,484 shares on 09/03/2025 for $5,119.52 and 1,906 shares on 11/13/2025 for $4,804.07, along with other smaller trades and their gross proceeds.

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

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

NYSE:LOCL

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LOCL Stock Data

52.34M
4.39M
81.38%
3.85%
0.25%
Farm Products
Consumer Defensive
Link
United States
HAMILTON