Local Bounti (LOCL) director sells 1,000 shares via 10b5-1
Local Bounti Corporation (LOCL) director Matthew Nordby reported selling 1,000 shares of common stock on 11/19/2025 in an open market transaction coded as a sale.
Rhea-AI Filing Summary
Local Bounti Corporation (LOCL) director Matthew Nordby reported selling 1,000 shares of common stock on 11/19/2025 in an open market transaction coded as a sale. The weighted average sale price was $2.3855 per share, with individual trades executed between $2.28 and $2.53.
The transactions were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on August 14, 2025. After this sale, Nordby beneficially owns 107,705 shares of Local Bounti common stock, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $2.3855 | $2K |
Footnotes (2)
- F1. The sales reported herein were effected pursuant to a Rule 10b5-1 plan adopted on August 14, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.28 to $2.53, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
FAQ
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What insider transaction did Local Bounti (LOCL) report in this Form 4?
Was the Local Bounti (LOCL) insider sale made under a Rule 10b5-1 plan?
What role does the reporting person have at Local Bounti (LOCL)?
Is this Local Bounti (LOCL) Form 4 filed for one or multiple reporting persons?
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