Local Bounti (NYSE: LOCL) holder files notice to sell 1,000 shares
Rhea-AI Filing Summary
Local Bounti Corporation shareholder Matthew Nordby filed a notice of proposed sale of 1,000 shares of common stock under Rule 144. The shares are to be sold through Fidelity Brokerage Services LLC on the NYSE, with an aggregate market value listed as $2,418.50 and 22,271,082 common shares shown as outstanding.
The filing states that the 1,000 shares being sold were acquired from the issuer on 03/08/2021 in a reverse merger, with payment made on the same date. It also lists prior sales by the same holder during the past three months: on 11/19/2025, 11/26/2025, 12/03/2025, and 12/10/2025, each involving 1,000 common shares and disclosing specific gross proceeds for each transaction.
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FAQ
What share sale does Local Bounti (LOCL) shareholder Matthew Nordby plan?
The notice shows that shareholder Matthew Nordby plans to sell 1,000 shares of Local Bounti common stock, with an aggregate market value listed as $2,418.50.
How and where will the Local Bounti (LOCL) shares be sold?
The filing states that the 1,000 common shares are to be sold through Fidelity Brokerage Services LLC on the NYSE, as indicated in the broker and exchange section.
How many Local Bounti (LOCL) shares are outstanding in this notice?
The securities information table lists 22,271,082 common shares as the number of shares outstanding for Local Bounti Corporation.
When did the seller acquire the Local Bounti (LOCL) shares being sold?
The 1,000 common shares being sold were acquired on 03/08/2021 in a reverse merger transaction directly from the issuer, with the date of payment also shown as 03/08/2021.
What prior Local Bounti (LOCL) share sales by this holder are disclosed?
The notice lists prior sales by Matthew Nordby of 1,000 common shares each on 11/19/2025, 11/26/2025, 12/03/2025, and 12/10/2025, with specific gross proceeds reported for each transaction.
What is the approximate sale date for the new Local Bounti (LOCL) transaction?
The securities information section shows an approximate date of sale of 12/17/2025 for the planned 1,000-share common stock transaction.