Local Bounti (LOCL) insider KEBS TRUST files Form 144 notice

Rhea-AI Filing Summary

Local Bounti (LOCL) filed a Form 144 showing that KEBS TRUST plans to sell 300 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of 689.61. The notice states that 22,271,082 shares of common stock were outstanding. The 300 shares to be sold were acquired as a gift from affiliate Wheat Wind Farms LLC; the donor acquired these securities on 11/19/2021.

KEBS TRUST has already sold multiple small blocks of LOCL common stock over the past three months. Examples include 1,906 shares sold on 11/13/2025 for gross proceeds of 4,804.07 and 2,484 shares sold on 09/03/2025 for gross proceeds of 5,119.52. By signing the notice, the selling party represents that they do not know of any undisclosed material adverse information about the issuer’s operations.

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	689.61	22271082	11/24/2025	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	11/13/2025	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
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	08/27/2025	226	545.16
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	08/26/2025	400	975.08
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	08/25/2025	500	1223.40

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 filed by KEBS TRUST disclose?

The Form 144 discloses that KEBS TRUST plans to sell 300 shares of Local Bounti (LOCL) common stock through Morgan Stanley Smith Barney LLC on the NYSE.

How many LOCL shares does KEBS TRUST plan to sell and at what market value?

KEBS TRUST plans to sell 300 shares of LOCL common stock with an aggregate market value of 689.61.

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

The Form 144 states that there were 22,271,082 shares of LOCL common stock outstanding.

How did KEBS TRUST acquire the LOCL shares being sold under this Form 144?

The 300 LOCL common shares were acquired on 12/28/2022 as a gift from affiliate Wheat Wind Farms LLC, which originally acquired them on 11/19/2021.

What prior LOCL share sales by KEBS TRUST are reported in the past 3 months?

The filing lists multiple prior sales, including 1,906 shares sold on 11/13/2025 for 4,804.07 and 2,484 shares sold on 09/03/2025 for 5,119.52 in gross proceeds.

On which exchange will the LOCL shares under this Form 144 be sold?

The Form 144 states that the LOCL common shares are to be sold on the NYSE.

What representation does the seller make when signing the LOCL Form 144?

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