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Local Bounti (NYSE: LOCL) insider KEBS TRUST files Form 144 to sell 200 shares

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

Rhea-AI Filing Summary

Local Bounti investor KEBS TRUST filed a Form 144 indicating an intention to sell 200 shares of common stock through Morgan Stanley Smith Barney LLC on 12/11/2025 on the NYSE. The filing shows an aggregate market value for this planned sale of $497.54. Shares of the issuer outstanding were 22,271,082 as of the time referenced; this is a baseline figure, not the amount being sold.

The notice also lists multiple prior open-market sales of the issuer’s common stock by KEBS TRUST over the past three months, with each transaction specifying the trade date, number of shares sold, and gross proceeds. By signing the form, the seller represents that they are not aware of any 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 disclose about upcoming stock sales?

The filing discloses that KEBS TRUST intends to sell 200 shares of Local Bounti common stock on or around 12/11/2025 through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $497.54.

How many Local Bounti (LOCL) shares are shown as outstanding in this Form 144?

The Form 144 shows that Local Bounti had 22,271,082 shares of common stock outstanding as of the time referenced in the filing.

Who is selling Local Bounti (LOCL) shares under this Form 144 and through which broker?

The seller is KEBS TRUST, and the planned sale of Local Bounti common stock is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services on the NYSE.

What prior Local Bounti stock sales by KEBS TRUST are listed in the past 3 months?

The filing lists multiple prior sales of Local Bounti common shares by KEBS TRUST between 11/05/2025 and 12/10/2025, each with its own trade date, number of shares sold, and gross proceeds, such as 1,906 shares sold on 11/13/2025 for gross proceeds of $4,804.07.

How were the Local Bounti (LOCL) shares being sold under this Form 144 originally acquired?

The 200 Local Bounti common shares covered by this notice were acquired on 12/28/2022 as a gift from an affiliate, Wheat Wind Farms LLC. The donor acquired these shares on 11/19/2021.

What representation does the seller make about Local Bounti’s information in this Form 144?

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