[144] Local Bounti Corporation SEC Filing

Rhea-AI Filing Summary

Local Bounti Corporation (LOCL) filing a Form 144 notifies the proposed sale of 2,484 common shares through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value reported as $5,119.52. The shares were acquired by gift from Wheat Wind Farms LLC on 12/28/2022, with donor acquisition dated 11/19/2021. The filing lists multiple recent sales by KEBS TRUST between 07/09/2025 and 09/02/2025, totaling numerous small transactions (examples include 3,500 shares on 07/10/2025 for $9,261.35 and 2,312 shares on 08/01/2025 for $6,254.88). The notice includes the required representation that the seller is not aware of undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Routine Rule 144 notification of proposed sale of 2,484 LOCL shares; shows ongoing small trust sales but no company financials disclosed.

The Form 144 documents a proposed sale under Rule 144 and records a history of recent disposals by KEBS TRUST in small lots over July–September 2025. The filing states the 2,484 shares were acquired as a gift from an affiliate in December 2022 and are to be sold via Morgan Stanley Smith Barney on the NYSE for an indicated market value of $5,119.52. This filing is procedural and provides transparency about beneficial ownership transfers; it contains no financial performance, corporate actions, or disclosures of undisclosed material information about Local Bounti.

Corporate Governance Expert

TL;DR: Compliance-focused filing documenting transfer and sale; indicates adherence to disclosure requirements, without signaling material corporate events.

The notice fulfills Rule 144 disclosure obligations by identifying the securities, acquisition details (gift from Wheat Wind Farms LLC), planned broker, and prior sales by an associated trust. It includes the statutory representation regarding material adverse information and a signature/attestation section. There is no governance change, executive action, or litigation referenced; therefore, its governance implications are limited to transparency on insider-related transfers.

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	2484	5119.52	22123010	09/03/2025	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	2484		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	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
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	08/22/2025	1400	3396.40
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	08/21/2025	800	1993.04
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	08/20/2025	300	754.56
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	08/13/2025	800	2058.08
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	08/12/2025	340	857.68
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	08/11/2025	242	617.39
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	08/08/2025	480	1195.44
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	08/07/2025	400	990.00
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	08/06/2025	1000	2496.20
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	08/05/2025	500	1288.95
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	08/04/2025	200	536.96
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	08/01/2025	2312	6254.88
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	07/31/2025	100	316.00
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	07/30/2025	600	2008.50
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	07/29/2025	500	1725.00
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	07/11/2025	1300	3347.37
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	07/10/2025	3500	9261.35
KEBS TRUST 490 Foley Lane Hamilton MT 59840	Common	07/09/2025	200	602.00

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 here report?

The filing reports a proposed sale of 2,484 common shares of LOCL via Morgan Stanley Smith Barney on the NYSE with an aggregate market value of $5,119.52.

When and how were the shares being sold in the Form 144 acquired?

The shares were acquired as a gift from Wheat Wind Farms LLC on 12/28/2022; the donor acquired them on 11/19/2021.

Does the filing show prior sales of LOCL shares by related parties?

Yes. The filing lists multiple sales by KEBS TRUST from 07/09/2025 through 09/02/2025, including transactions such as 3,500 shares on 07/10/2025 and 2,312 shares on 08/01/2025.

Who is the broker named for the proposed sale?

The broker named is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza 8th Floor, New York, NY 10004.

Does the Form 144 disclose any undisclosed material information about Local Bounti?

No. The filer attests they do not know of any material adverse information about the issuer that has not been publicly disclosed; the filing itself contains no additional company financial or operational disclosures.