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Director at Local Bounti (NYSE: LOCL) receives 62,949 RSUs award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Brewster Pamela reported acquisition or exercise transactions in this Form 4 filing.

Local Bounti Corporation director Pamela Brewster reported an equity grant of 62,949 shares of Common Stock on June 10, 2026. The award is structured as restricted stock units that carry a grant price of $0.00 per share and increase her direct holdings to 266,124 shares.

The RSUs will vest on the earlier of the day before Local Bounti’s next annual stockholders’ meeting or June 10, 2027, subject to her continued service as a director. This filing reflects compensation in equity rather than a market purchase or sale.

Positive

  • None.

Negative

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Insider Brewster Pamela
Role null
Type Security Shares Price Value
Grant/Award Common Stock 62,949 $0.00 --
Holdings After Transaction: Common Stock — 266,124 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 62,949 shares Common Stock award on June 10, 2026
Grant price $0.00 per share Restricted stock unit award
Shares owned after grant 266,124 shares Total direct holdings following transaction
Latest vesting date June 10, 2027 RSUs vest earlier of this date or day before next annual meeting
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 regulatory
"The RSUs will vest on the earlier of (1) the day before the Issuer's next annual stockholders' meeting"
continued service financial
"subject to the director's continued service"
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Brewster Pamela

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/10/2026A62,949(1)A$0266,124D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 Pamela Brewster06/12/2026
** Signature of Reporting PersonDate
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)

FAQ

What did Pamela Brewster report in her Form 4 for Local Bounti (LOCL)?

Pamela Brewster reported receiving an equity grant of 62,949 shares of Local Bounti Common Stock. The grant was priced at $0.00 per share and represents a director compensation award rather than a market transaction, increasing her direct holdings to 266,124 shares.

How many Local Bounti shares did Pamela Brewster acquire and at what price?

Pamela Brewster acquired 62,949 shares of Local Bounti Common Stock at a grant price of $0.00 per share. These shares were awarded as restricted stock units, forming part of her director compensation instead of being purchased in the open market.

When do Pamela Brewster’s Local Bounti RSUs vest?

The RSUs granted to Pamela Brewster vest on the earlier of the day before Local Bounti’s next annual stockholders’ meeting or June 10, 2027. Vesting is conditioned on her continued service as a director through that applicable vesting date.

How many Local Bounti shares does Pamela Brewster hold after this grant?

Following the grant, Pamela Brewster beneficially owns 266,124 shares of Local Bounti Common Stock directly. This total includes the newly awarded 62,949 restricted stock units, which are subject to time-based vesting tied to her continued board service.

Is Pamela Brewster’s Form 4 transaction a market buy or sell of Local Bounti stock?

The Form 4 does not report a market buy or sell. Instead, it shows a grant of 62,949 restricted stock units of Local Bounti Common Stock at $0.00 per share, reflecting equity-based director compensation rather than open-market trading activity.