Local Bounti (NYSE: LOCL) insider KEBS TRUST files Form 144 for 226-share sale
Rhea-AI Filing Summary
Local Bounti Holding Company Inc. affiliate plans a small insider sale under Rule 144. KEBS TRUST filed to sell 226 shares of Local Bounti common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $586.47. The shares come from a 226-share gift received on 12/28/2022 from Wheat Wind Farms LLC, which originally acquired the securities on 11/19/2021.
The notice states that 22,271,082 shares of common stock are outstanding. Over the past three months, KEBS TRUST has already sold multiple small blocks of Local Bounti common shares on various dates, generating gross proceeds on each trade. By signing the notice, the seller represents that they are not aware of any undisclosed material adverse information about the company’s current or prospective operations.
Positive
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Negative
- None.
FAQ
What representation does the seller make about Local Bounti (LOCL) 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.