Local Bounti director granted 62,949 RSUs
Local Bounti Corporation director Mark Joseph Nelson received a grant of 62,949 shares of Common Stock in the form of RSUs.
Rhea-AI Filing Summary
Local Bounti Corporation director Mark Joseph Nelson received a grant of 62,949 shares of Common Stock in the form of RSUs. The award was granted at no cash cost per share and is classified as a grant, award, or other acquisition. 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 he continues to serve as a director. Following this equity award, Nelson directly holds 139,867 shares of Local Bounti common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 62,949 | $0.00 | $0.00 |
Footnotes (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
Key Terms
RSUs financial
Common Stock financial
annual stockholders' meeting regulatory
Grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Local Bounti (LOCL) report for Mark Joseph Nelson?
What are the vesting terms of the 62,949 RSUs granted by Local Bounti (LOCL)?
Was there any cash paid for the Local Bounti (LOCL) RSU grant to Mark Joseph Nelson?
Does the Local Bounti (LOCL) Form 4 show a buy or sell by Mark Joseph Nelson?
AI-generated analysis. How Rhea-AI works. Not financial advice.