Local Bounti director granted 62,949 RSUs

Molnar Michael reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Molnar Michael reported acquisition or exercise transactions in this Form 4 filing.

Local Bounti Corporation director Michael Molnar received a new equity award in the form of restricted stock units (RSUs). The Form 4 reports a grant of 62,949 shares of Common Stock at no cash cost to him, increasing his directly held position to 176,291 shares after the award.

The RSUs will vest on the earlier of the day before Local Bounti’s next annual stockholders’ meeting or June 10, 2027, as long as Molnar continues to serve as a director. This structure ties his compensation to ongoing board service and the company’s long-term performance.

Insider Trade Summary

Grant/Award: 62,949 shares

Grant/Award 1 txn

Insider Molnar Michael

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	62,949	$0.00	$0.00

Holdings After Transaction: Common Stock — 176,291 shares (Direct)

Footnotes (1)

1. F1. The RSUs will vest on the earlier of (1) the day before the Issuer's next annual stockholders' meeting or (2) June 10, 2027, subject to the director's continued service.

Key Figures

RSU grant size: 62,949 shares Shares after transaction: 176,291 shares Vesting latest date: June 10, 2027

3 metrics

RSU grant size 62,949 shares Grant of Common Stock RSUs to director Molnar

Shares after transaction 176,291 shares Director Molnar’s direct Common Stock holdings following grant

Vesting latest date June 10, 2027 RSUs vest by the earlier of next annual meeting or this date

Key Terms

RSUs, annual stockholders' meeting, vest

3 terms

RSUs financial

"The RSUs will vest on the earlier of (1) the day before the Issuer's next annual stockholders' meeting or (2) June 10, 2027"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

annual stockholders' meeting financial

"the earlier of (1) the day before the Issuer's next annual stockholders' meeting or (2) June 10, 2027"

vest financial

"The RSUs will vest on the earlier of (1) the day before the Issuer's next annual stockholders' meeting or (2) June 10, 2027"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

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

What insider transaction did Local Bounti (LOCL) disclose for director Michael Molnar?

Local Bounti disclosed that director Michael Molnar received a grant of 62,949 RSUs of Common Stock. These were awarded at no cash cost and are a form of equity compensation, increasing his directly held stake to 176,291 shares after the transaction.

How many Local Bounti (LOCL) shares does Michael Molnar hold after this Form 4?

After the reported RSU grant, Michael Molnar holds 176,291 shares of Local Bounti Common Stock directly. This total includes the 62,949-share award reported in the filing, reflecting his updated equity position as a company director following the transaction.

When do Michael Molnar’s new Local Bounti (LOCL) RSUs vest?

The 62,949 RSUs granted to Michael Molnar vest on the earlier of the day before Local Bounti’s next annual stockholders’ meeting or June 10, 2027. Vesting also depends on his continued service as a director until that vesting date.

What type of transaction is reported in Michael Molnar’s Local Bounti (LOCL) Form 4?

The Form 4 reports an acquisition coded as “A,” meaning a grant or award of Common Stock. Molnar received 62,949 RSUs as equity compensation, not an open-market purchase, so there was no transaction price per share and no cash outlay by him.

Is Michael Molnar’s Local Bounti (LOCL) RSU grant dependent on his board service?

Yes. The RSUs will vest only if Michael Molnar continues serving as a director through the vesting date. They vest on the earlier of the day before the next annual stockholders’ meeting or June 10, 2027, aligning the award with ongoing board service.

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

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Accepted by SEC EDGAR 06/12/2026 - 04:17 PM Learn about SEC filing dates

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^*

Molnar Michael

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

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	06/10/2026		A		62,949(1)	A	$0	176,291	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. The RSUs will vest on the earlier of (1) the day before the Issuer's next annual stockholders' meeting or (2) June 10, 2027, subject to the director's continued service.

	/s/ Kathleen Valiasek, as Attorney-in-Fact for Michael Molnar	06/12/2026
	** 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)