Local Bounti interim CFO granted 60,000 RSUs

Local Bounti Corporation interim CFO Anthony Hughes reported an equity compensation award.

Rhea-AI Filing Summary

Local Bounti Corporation interim CFO Anthony Hughes reported an equity compensation award. He received 60,000 shares of Common Stock in the form of restricted stock units (RSUs) at a price of $0.0000 per share, classified as a grant or award acquisition.

According to the footnote, these RSUs will vest in three equal installments on November 1, 2026, November 1, 2027, and November 1, 2028, subject to his continuous service on each vesting date. Following this award, Hughes directly holds 120,270 shares of Local Bounti common stock.

Insider Trade Summary

Grant/Award: 60,000 shares

Grant/Award 1 txn

Insider Hughes Anthony

Role Interim CFO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	60,000	$0.00	$0.00

Holdings After Transaction: Common Stock — 120,270 shares (Direct)

Footnotes (1)

1. F1. The RSUs will vest in three equal installments on November 1, 2026, November 1, 2027, and November 1, 2028, subject to the continuous service of the Reporting Person on each vesting date.

Key Figures

RSUs granted: 60,000 shares Grant price: $0.0000 per share Shares held after grant: 120,270 shares +3 more

6 metrics

RSUs granted 60,000 shares Restricted stock units of Common Stock granted to interim CFO

Grant price $0.0000 per share Reported transaction price for the RSU award

Shares held after grant 120,270 shares Direct holdings of Common Stock following the transaction

First vesting date November 1, 2026 First of three equal RSU vesting installments

Second vesting date November 1, 2027 Second RSU vesting installment subject to continuous service

Third vesting date November 1, 2028 Final RSU vesting installment subject to continuous service

Key Terms

RSUs, restricted stock units, continuous service, grant, award, or other acquisition

4 terms

RSUs financial

"The RSUs will vest in three equal installments on November 1, 2026, November 1, 2027, and November 1, 2028"

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.

restricted stock units financial

"The RSUs will vest in three equal installments on November 1, 2026, November 1, 2027, and November 1, 2028"

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.

continuous service financial

"subject to the continuous service of the Reporting Person on each vesting date"

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

FAQ

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

What insider transaction did Local Bounti (LOCL) report for interim CFO Anthony Hughes?

Local Bounti reported that interim CFO Anthony Hughes received a grant of 60,000 restricted stock units of common stock. The award was reported at a price of $0.0000 per share and reflects equity-based compensation rather than an open-market stock purchase.

How many Local Bounti (LOCL) shares does interim CFO Anthony Hughes hold after this Form 4?

After the RSU grant, interim CFO Anthony Hughes directly holds 120,270 shares of Local Bounti common stock. This total reflects his position immediately following the reported award, as disclosed in the Form 4’s post-transaction holdings column.

When do the granted RSUs to Local Bounti (LOCL) interim CFO vest?

The 60,000 RSUs granted to interim CFO Anthony Hughes vest in three equal installments. Vesting occurs on November 1, 2026, November 1, 2027, and November 1, 2028, provided he continues to serve the company through each respective vesting date.

Is the Local Bounti (LOCL) RSU grant to the interim CFO an open-market stock purchase?

No, the transaction is categorized as a grant or award acquisition of 60,000 RSUs at $0.0000 per share. This indicates compensation-based equity rather than an open-market purchase where shares are bought for cash on the public market.

What conditions are attached to the Local Bounti (LOCL) RSUs granted to the interim CFO?

The RSUs granted to interim CFO Anthony Hughes are subject to continuous service conditions. They will vest in three equal tranches on November 1, 2026, 2027, and 2028 only if he remains in continuous service with the company on each scheduled vesting date.

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

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Accepted by SEC EDGAR 05/01/2026 - 04:18 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^*

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)
05/01/2026

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	05/01/2026		A		60,000(1)	A	$0	120,270	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 in three equal installments on November 1, 2026, November 1, 2027, and November 1, 2028, subject to the continuous service of the Reporting Person on each vesting date.

	/s/ Kathleen Valiasek, as Attorney-in-Fact for Anthony Hughes	05/01/2026
	** 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)