LOCL Form 144: proposed 1,906-share sale via Morgan Stanley
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Local Bounti (LOCL) filed a Form 144 for the proposed sale of 1,906 common shares, showing an aggregate market value of 4,804.07, with an approximate sale date of 11/13/2025. The listed broker is Morgan Stanley Smith Barney LLC, and the shares are noted for the NYSE.
The shares to be sold were acquired on 12/28/2022 as a gift from affiliate Wheat Wind Farms LLC (donor acquired on 11/19/2021). Shares outstanding were 22,123,010; this is a baseline figure, not the amount being sold.
Recent activity includes sales by KEBS TRUST, including 771 shares on 11/12/2025 (gross proceeds 1,880.93) and 2,484 shares on 09/03/2025 (gross proceeds 5,119.52).
Positive
- None.
Negative
- None.
FAQ
What does Local Bounti (LOCL) disclose in this Form 144?
A proposed sale of 1,906 common shares with an aggregate market value of 4,804.07, targeting an approximate sale date of 11/13/2025.
What recent sales are reported for the account in the past 3 months?
Examples include 771 shares on 11/12/2025 (gross proceeds 1,880.93) and 2,484 shares on 09/03/2025 (gross proceeds 5,119.52).
What is the title of the securities to be sold in the LOCL filing?
The filing lists Common shares.