Local Bounti (LOCL) shareholder discloses Rule 144 sale and recent trades
Filing Impact
Filing Sentiment
Form Type
144
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.
Positive
- None.
Negative
- None.
FAQ
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.