LOCL: A shareholder filed a Form 144 notice to sell 100 shares of common stock through Morgan Stanley Smith Barney, with an aggregate market value of $256.50, on or about 11/05/2025 on the NYSE. Shares outstanding were 22,123,010.
The 100 shares were acquired on 12/28/2022 as a gift from affiliate Wheat Wind Farms LLC (donor acquired on 11/19/2021). The filer also reported recent sales, including 2,484 shares on 09/03/2025 for $5,119.52 and 1,400 shares on 08/22/2025 for $3,396.40.
Local Bounti Corporation reported the results of a Special Meeting held on October 14, 2025. Stockholders approved, for NYSE compliance, the issuance of up to 5,131,871 shares of common stock upon conversion of a convertible note issued to U.S. Bounti, LLC and up to 550,000 shares underlying a related common stock purchase warrant, both under the August 1, 2025 Purchase Agreement.
As of the August 22, 2025 record date, 22,123,010 shares were outstanding and entitled to vote; 74.2% of these were represented, constituting a quorum. The NYSE Approval Proposal received 16,394,367 votes for, 17,872 against, and 1,763 abstentions. Stockholders also approved the potential adjournment proposal with 16,395,341 for, 17,281 against, and 1,380 abstentions.
Kathleen Valiasek, who serves as President, CEO and CFO of Local Bounti Corporation (LOCL), reported a sale of 84,517 shares of the company on 10/01/2025 at a price of $2.95 per share. After the transaction, she beneficially owns 1,643,580 shares, held directly. The filing states the shares were withheld by the company to satisfy the withholding tax liability from the settlement of previously awarded restricted stock units. The Form 4 is signed and dated 10/03/2025.
Craig M. Hurlbert, Executive Chairman and Director of Local Bounti Corporation (LOCL), reported a sale of 34,007 shares of common stock on 10/01/2025 at a price of $2.95 per share. After the sale, Mr. Hurlbert directly beneficially owns 914,803 shares. He also is reported to have indirect beneficial ownership of 1,177,386 shares held by Wheat Wind Farms, LLC, for which he serves as Member-Manager and asserts sole voting and dispositive power; he disclaims beneficial ownership except to the extent of his pecuniary interest. The Form 4 notes the 34,007 shares were withheld by the company to satisfy tax withholding on previously settled restricted stock units.
Local Bounti Corporation (LOCL) filing a Form 144 notifies the proposed sale of 2,484 common shares through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value reported as $5,119.52. The shares were acquired by gift from Wheat Wind Farms LLC on 12/28/2022, with donor acquisition dated 11/19/2021. The filing lists multiple recent sales by KEBS TRUST between 07/09/2025 and 09/02/2025, totaling numerous small transactions (examples include 3,500 shares on 07/10/2025 for $9,261.35 and 2,312 shares on 08/01/2025 for $6,254.88). The notice includes the required representation that the seller is not aware of undisclosed material adverse information.
Local Bounti Corporation reported a grant of 300,000 restricted stock units (RSUs) to Dane Almassy, who is identified as both a director and the Chief Commercial Officer. The transaction date is 09/01/2025 and the Form 4 was signed by an attorney-in-fact on 09/03/2025. Each RSU represents a contingent right to receive one share of common stock and was recorded at a price of $0.
The RSUs vest in four equal installments on September 1, 2026, 2027, 2028 and 2029, subject to the reporting person’s continued service on each vesting date. Following the reported transaction the beneficial ownership shown is 300,000 shares (direct).
Local Bounti Corporation (LOCL) Form 144 notice discloses a proposed sale of 585 common shares through Morgan Stanley Smith Barney LLC on 09/02/2025, with an aggregate market value of $1,347.84. The filing states 22,123,010 shares outstanding. The 585 shares were acquired as a gift from Wheat Wind Farms LLC on 12/28/2022; the donor acquired those shares on 11/19/2021. The filing also lists multiple recent sales by KEBS TRUST between 07/09/2025 and 08/29/2025, including a largest single block of 3,500 shares on 07/10/2025, with gross proceeds shown for each trade. The filer certifies no undisclosed material adverse information.
Local Bounti Corporation (LOCL) Rule 144 notice: The filer intends to sell 531 common shares via Morgan Stanley Smith Barney with an aggregate market value of $1,260.49, targeting an approximate sale date of 08/29/2025. The shares were acquired as a gift from Wheat Wind Farms LLC on 12/28/2022; the donor originally acquired them on 11/19/2021. The issuer's reported number of shares outstanding is 22,123,010. The filing also lists multiple recent sales by KEBS TRUST between 07/09/2025 and 08/28/2025, showing repeated dispositions of common shares. The signer certifies they have no material nonpublic information about the issuer.
Initial Form 3 filed for Local Bounti Corporation (LOCL) reports that Dane Almassy is a director and serves as Chief Commercial Officer. The filing, dated 08/25/2025, shows no direct ownership of common stock and no derivative securities listed. The Form 3 was signed by an attorney-in-fact on 08/29/2025. This document records the required Section 16 disclosure of an officer/director's beneficial ownership but shows no current equity position.
Local Bounti Corporation (LOCL) filing a Form 144 notifies a proposed sale of 300 common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $732.00. The filing reports 22,123,010 shares outstanding and an approximate sale date of 08/28/2025 on the NYSE. The shares were acquired as a gift on 12/28/2022 from Wheat Wind Farms LLC; the donor acquired them on 11/19/2021. The filing also lists numerous recent dispositions by KEBS TRUST during July–August 2025, including a 3,500-share sale on 07/10/2025 (gross $9,261.35). The notice includes the required representation that the seller has no undisclosed material adverse information.