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Local Bounti (LOCL) outlines interim CFO RSU grant and vesting

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Local Bounti Corporation reported the equity holdings of its interim CFO, Anthony Hughes. The filing shows beneficial ownership of 83,334 shares of common stock, representing restricted stock units granted under the company’s 2021 Equity Incentive Plan.

These 83,334 RSUs are scheduled to vest in two equal installments on April 1, 2026 and April 1, 2027, as long as Hughes continues to provide service to Local Bounti on each vesting date. The securities are held directly, and the statement is filed by a single reporting person in his capacity as an officer.

Positive

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SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Hughes Anthony

(Last) (First) (Middle)
C/O LOCAL BOUNTI CORPORATION
490 FOLEY LANE

(Street)
HAMILTON MT 59840

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
12/09/2025
3. Issuer Name and Ticker or Trading Symbol
Local Bounti Corporation/DE [ LOCL ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Interim CFO
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 83,334(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents 83,334 restricted stock units ("RSUs") issued under the Issuer's 2021 Equity Incentive Plan. The RSUs will vest in two equal installments on April 1, 2026 and April 1, 2027, subject to the continuous service of the Reporting Person on each vesting date.
Remarks:
Exhibit 24.1: Power of Attorney
/s/ Kathleen Valiasek, as Attorney-in-Fact for Anthony Hughes 12/19/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider ownership did Local Bounti (LOCL) disclose for its interim CFO?

The company disclosed that interim CFO Anthony Hughes beneficially owns 83,334 shares of common stock in the form of restricted stock units granted under the 2021 Equity Incentive Plan.

How many restricted stock units did the Local Bounti (LOCL) interim CFO receive and when do they vest?

Anthony Hughes received 83,334 RSUs, which vest in two equal installments on April 1, 2026 and April 1, 2027, subject to his continuous service on each vesting date.

What role does the reporting person hold at Local Bounti (LOCL)?

The reporting person, Anthony Hughes, is identified as an officer of Local Bounti, serving as the company’s interim CFO.

Is the Local Bounti (LOCL) insider equity award held directly or indirectly?

The filing shows the 83,334 RSUs are held with an ownership form labeled Direct (D), indicating direct beneficial ownership by the interim CFO.

Under which plan were the interim CFO’s RSUs at Local Bounti (LOCL) granted?

The 83,334 restricted stock units were issued under Local Bounti’s 2021 Equity Incentive Plan, as stated in the explanation of responses.

LOCAL BOUNTI CORP

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50.56M
4.39M
81.38%
3.85%
0.25%
Farm Products
Consumer Defensive
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United States
HAMILTON