Local Bounti holder files Rule 144 to sell 313 common shares

Local Bounti (LOCL) shareholder files Rule 144 sale notice covering 313 shares of common stock to be sold through Morgan Stanley Smith Barney LLC on the NYSE.

Rhea-AI Filing Summary

Local Bounti (LOCL) shareholder files Rule 144 sale notice covering 313 shares of common stock to be sold through Morgan Stanley Smith Barney LLC on the NYSE. The filing notes 22,271,082 common shares outstanding for the issuer.

The seller, KEBS TRUST, reports having acquired the 313 shares on 12/28/2022 as a gift from Wheat Wind Farms LLC, with the donor’s acquisition date listed as 11/19/2021. The notice also lists a series of past open‑market sales of the issuer’s common stock during the prior three months, with individual trades ranging from 100 to 2,500 shares and gross proceeds such as 2,500 shares for 5,819.00 on 12/04/2025 and 1,800 shares for 4,473.00 on 12/05/2025.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the LOCL Form 144 filing disclose about planned share sales?

The filing states that a shareholder plans to sell 313 shares of common stock of the issuer through Morgan Stanley Smith Barney LLC on the NYSE.

How many LOCL shares are reported as outstanding in this Form 144?

The notice reports 22,271,082 shares of the issuer’s common stock as outstanding.

Who is the selling shareholder in this LOCL Form 144 and how were the shares acquired?

The selling shareholder is KEBS TRUST. The 313 shares covered by the notice were acquired on 12/28/2022 as a gift from affiliate Wheat Wind Farms LLC, which originally acquired them on 11/19/2021.

Which broker is handling the potential LOCL share sale under this Form 144?

The planned sale of 313 common shares is listed as being through Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.

What recent LOCL stock transactions by KEBS TRUST are disclosed in the Form 144?

The filing lists multiple sales of LOCL common stock by KEBS TRUST over the past three months, including trades such as 2,500 shares for 5,819.00 on 12/04/2025 and 1,800 shares for 4,473.00 on 12/05/2025, along with numerous other smaller transactions.

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

By signing, 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.

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Accepted by SEC EDGAR 12/19/2025 - 04:24 PM Learn about SEC filing dates

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	0001976721
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	LOCAL BOUNTI CORPORATION
SEC File Number	001-40125
Address of Issuer	490 Foley Lane Hamilton MONTANA 59840
Phone	(800) 640-4016
Name of Person for Whose Account the Securities are To Be Sold	KEBS TRUST
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	Affiliate

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	313	714.52	22271082	12/19/2025	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	313		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	12/18/2025	1300	3061.89
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/17/2025	600	1480.08
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/16/2025	300	741.00
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/15/2025	700	1762.46
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/12/2025	600	1501.02
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/11/2025	200	497.54
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/10/2025	412	1042.52
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/09/2025	226	586.47
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/08/2025	900	2198.97
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/05/2025	1800	4473.00
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/04/2025	2500	5819.00
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/03/2025	900	2163.24
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/02/2025	1011	2556.01
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	12/01/2025	1700	4276.52
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	11/28/2025	300	717.21
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

144: Remarks and Signature

Remarks
Date of Notice	12/19/2025
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	/s/ Andrew Gibson, Trustee KEBS TRUST
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)