Local Bounti withholds 9,587 CFO shares for taxes

The transaction left Local Bounti's interim CFO with 110,683 directly held shares after tax withholding tied to restricted stock unit settlement.

Available on EDGAR 11/03/2026 - 05:59 PM EST Accepted by SEC EDGAR 11/03/2026 - 05:58 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Local Bounti Corporation interim CFO Anthony Hughes had 9,587 shares withheld by the company for the withholding tax liability incurred upon settlement of previously awarded restricted stock units on November 1, 2026. The reported price was $0.93 per share, and Hughes held 110,683 shares directly after the transaction.

Insider Trade Summary

Tax Withholding: 9,587 shares

Tax Withholding 1 txn

Insider Hughes Anthony

Role Interim CFO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	9,587	$0.93	$9K

Holdings After Transaction: Common Stock — 110,683 shares (Direct)

Footnotes (1)

1. F1. Shares withheld by the Company in payment of the withholding tax liability incurred upon settlement of restricted stock units previously awarded.

Key Figures

Shares withheld for tax liability: 9,587 shares Reported price per share: $0.93 per share Direct shares following transaction: 110,683 shares

3 metrics

Shares withheld for tax liability 9,587 shares November 1, 2026

Reported price per share $0.93 per share November 1, 2026 transaction

Direct shares following transaction 110,683 shares After the November 1, 2026 transaction

Key Terms

withholding tax liability, restricted stock units, settlement

3 terms

withholding tax liability financial

"withholding tax liability incurred upon settlement"

restricted stock units financial

"restricted stock units previously awarded"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

settlement financial

"upon settlement of restricted stock units"

Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many LOCL shares did interim CFO Anthony Hughes have withheld?

The company withheld 9,587 shares from Anthony Hughes on November 1, 2026, at a reported $0.93 per share to pay withholding tax incurred when previously awarded restricted stock units settled. His direct holdings after the transaction were 110,683 shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hughes Anthony

(Last) (First) (Middle)

C/O LOCAL BOUNTI CORPORATION

490 FOLEY LANE

(Street)

HAMILTON MONTANA 59840

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Local Bounti Corporation/DE [ LOCL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Interim CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/01/2026		F(1)		9,587	D	$0.93	110,683	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares withheld by the Company in payment of the withholding tax liability incurred upon settlement of restricted stock units previously awarded.

	/s/ Kathleen Valiasek, as Attorney-in-Fact for Anthony Hughes	11/03/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)