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LOCAL BOUNTI CORP SEC Filings

LOCLW OTC Link

Welcome to our dedicated page for LOCAL BOUNTI SEC filings (Ticker: LOCLW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on LOCAL BOUNTI's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.

Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into LOCAL BOUNTI's regulatory disclosures and financial reporting.

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Local Bounti Corporation reported that its Chief Commercial Officer, Dane Almassy, ended his employment with the company effective May 14, 2026, which is defined as the Separation Date. Under his employment agreement dated July 15, 2025, he is entitled to receive salary and other benefits accrued through that date. If he signs a general release of claims within the 21-day consideration period and complies with applicable restrictive covenants, he will receive continued salary payments and COBRA reimbursement payments for six months following the Separation Date. The company attached the form of the separation and release agreement as an exhibit.

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Local Bounti Corporation reported that its Chief Commercial Officer, Dane Almassy, ended his employment with the company effective May 14, 2026, which is defined as the Separation Date. Under his employment agreement dated July 15, 2025, he is entitled to receive salary and other benefits accrued through that date. If he signs a general release of claims within the 21-day consideration period and complies with applicable restrictive covenants, he will receive continued salary payments and COBRA reimbursement payments for six months following the Separation Date. The company attached the form of the separation and release agreement as an exhibit.

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Local Bounti registers for resale up to 8,105,102 Conversion Shares and up to 5,500,000 Warrant Shares. These shares are issuable upon conversion of a $15.0 million convertible note (initial conversion price $2.50) and upon exercise of a warrant (exercise price $0.125).

The resale registration is being made on behalf of the selling stockholder (U.S. Bounti, LLC) and the company will not receive proceeds from resale transactions; however, the company would receive proceeds if the warrant is exercised for cash (aggregate proceeds if exercised in full: $687,500), which the company intends to use for working capital and general corporate purposes. Shares outstanding were 22,796,270 as of May 12, 2026.

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Local Bounti registers for resale up to 8,105,102 Conversion Shares and up to 5,500,000 Warrant Shares. These shares are issuable upon conversion of a $15.0 million convertible note (initial conversion price $2.50) and upon exercise of a warrant (exercise price $0.125).

The resale registration is being made on behalf of the selling stockholder (U.S. Bounti, LLC) and the company will not receive proceeds from resale transactions; however, the company would receive proceeds if the warrant is exercised for cash (aggregate proceeds if exercised in full: $687,500), which the company intends to use for working capital and general corporate purposes. Shares outstanding were 22,796,270 as of May 12, 2026.

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Local Bounti Corporation reported higher sales but continued losses for the quarter ended March 31, 2026. Revenue rose to $13.3 million from $11.6 million, driven by increased production at facilities in Georgia, Texas, and Washington. Gross profit was $1.5 million, roughly flat year over year.

Net loss narrowed to $12.7 million from $37.7 million, helped by a sharp drop in interest expense and a $5.2 million non‑cash gain from warrant revaluation. Cash, cash equivalents, and restricted cash were $18.8 million, against long‑term debt of $490.8 million and a stockholders’ deficit of $178.0 million. The company added a new $15.0 million convertible note, continues to invest in yield improvements and product expansion, and discloses ongoing liquidity needs and NYSE market‑capitalization compliance risk.

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Local Bounti Corporation reported higher sales but continued losses for the quarter ended March 31, 2026. Revenue rose to $13.3 million from $11.6 million, driven by increased production at facilities in Georgia, Texas, and Washington. Gross profit was $1.5 million, roughly flat year over year.

Net loss narrowed to $12.7 million from $37.7 million, helped by a sharp drop in interest expense and a $5.2 million non‑cash gain from warrant revaluation. Cash, cash equivalents, and restricted cash were $18.8 million, against long‑term debt of $490.8 million and a stockholders’ deficit of $178.0 million. The company added a new $15.0 million convertible note, continues to invest in yield improvements and product expansion, and discloses ongoing liquidity needs and NYSE market‑capitalization compliance risk.

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Local Bounti Corporation reported first-quarter 2026 results showing higher sales and smaller losses. Revenue grew 15% to $13.3M, driven by increased production at facilities in Georgia, Texas, and Washington, while adjusted gross margin held at 29%. Net loss narrowed to $12.7M from $37.7M, largely due to lower net interest expense after prior debt restructuring. Adjusted EBITDA loss improved 35% to $5.7M, and adjusted general and administrative expense fell 30% to $4.1M as cost controls took hold. The company ended the quarter with $18.8M in cash and restricted cash and received a $15M investment from an existing strategic investor. It also highlighted a newly issued U.S. patent for its AI-driven growing optimization and continued expansion across roughly 13,000 retail doors.

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Local Bounti Corporation reported first-quarter 2026 results showing higher sales and smaller losses. Revenue grew 15% to $13.3M, driven by increased production at facilities in Georgia, Texas, and Washington, while adjusted gross margin held at 29%. Net loss narrowed to $12.7M from $37.7M, largely due to lower net interest expense after prior debt restructuring. Adjusted EBITDA loss improved 35% to $5.7M, and adjusted general and administrative expense fell 30% to $4.1M as cost controls took hold. The company ended the quarter with $18.8M in cash and restricted cash and received a $15M investment from an existing strategic investor. It also highlighted a newly issued U.S. patent for its AI-driven growing optimization and continued expansion across roughly 13,000 retail doors.

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McCandless Margaret reported acquisition or exercise transactions in this Form 4 filing.

Local Bounti Corporation (LOCL) General Counsel & Secretary Margaret McCandless received a grant of 40,000 shares of common stock in the form of restricted stock units (RSUs). The RSUs were awarded at no cash cost per share and increase her direct holdings to 109,537 shares.

The RSUs will vest in three equal installments on November 1, 2026, November 1, 2027, and November 1, 2028, provided she continues serving the company through each vesting date. This filing reflects a compensation-related equity award rather than an open-market stock purchase or sale.

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McCandless Margaret reported acquisition or exercise transactions in this Form 4 filing.

Local Bounti Corporation (LOCL) General Counsel & Secretary Margaret McCandless received a grant of 40,000 shares of common stock in the form of restricted stock units (RSUs). The RSUs were awarded at no cash cost per share and increase her direct holdings to 109,537 shares.

The RSUs will vest in three equal installments on November 1, 2026, November 1, 2027, and November 1, 2028, provided she continues serving the company through each vesting date. This filing reflects a compensation-related equity award rather than an open-market stock purchase or sale.

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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.

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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.

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Local Bounti Corporation Executive Chairman Craig M. Hurlbert reported a compensation-related equity award and updated share holdings. He received 75,000 shares of Common Stock in the form of RSUs at $0.00 per share, classified as a grant or award acquisition. These RSUs vest in three equal installments on November 1, 2026, November 1, 2027, and November 1, 2028, conditioned on his continued service. After this award, he directly holds 889,803 shares of Common Stock and has an indirect position of 1,177,386 shares held by Wheat Wind Farms, LLC, where he serves as Member-Manager with sole voting and dispositive power, while disclaiming beneficial ownership except to the extent of his pecuniary interest.

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Local Bounti Corporation Executive Chairman Craig M. Hurlbert reported a compensation-related equity award and updated share holdings. He received 75,000 shares of Common Stock in the form of RSUs at $0.00 per share, classified as a grant or award acquisition. These RSUs vest in three equal installments on November 1, 2026, November 1, 2027, and November 1, 2028, conditioned on his continued service. After this award, he directly holds 889,803 shares of Common Stock and has an indirect position of 1,177,386 shares held by Wheat Wind Farms, LLC, where he serves as Member-Manager with sole voting and dispositive power, while disclaiming beneficial ownership except to the extent of his pecuniary interest.

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VALIASEK KATHLEEN reported acquisition or exercise transactions in this Form 4 filing.

Local Bounti Corporation President and CEO Kathleen Valiasek received an equity award of 200,000 shares of common stock in the form of restricted stock units (RSUs) at a grant price of $0.00 per share. Following this grant, she directly holds 1,643,580 common shares.

The RSUs will vest in three equal installments on November 1, 2026, November 1, 2027, and November 1, 2028, subject to her continuous service with the company on each vesting date.

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VALIASEK KATHLEEN reported acquisition or exercise transactions in this Form 4 filing.

Local Bounti Corporation President and CEO Kathleen Valiasek received an equity award of 200,000 shares of common stock in the form of restricted stock units (RSUs) at a grant price of $0.00 per share. Following this grant, she directly holds 1,643,580 common shares.

The RSUs will vest in three equal installments on November 1, 2026, November 1, 2027, and November 1, 2028, subject to her continuous service with the company on each vesting date.

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Local Bounti Corporation is asking stockholders to approve routine annual items and a major share issuance tied to insider financing at its virtual-only 2026 annual meeting.

Stockholders will vote on re-electing two Class II directors, ratifying WithumSmith+Brown as auditor, and a NYSE Approval Proposal allowing issuance of up to 7,882,861 shares upon conversion of a $15.0 million note to U.S. Bounti and up to 5,500,000 warrant shares at $0.125 per share. The filing outlines voting mechanics, broker non-vote treatment, director/committee structure, executive and director pay, and significant related-party arrangements, including the Grow Bitterroot lease and services agreements. There were 22,795,198 shares outstanding on the April 13, 2026 record date.

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Rhea-AI Summary

Local Bounti Corporation is asking stockholders to approve routine annual items and a major share issuance tied to insider financing at its virtual-only 2026 annual meeting.

Stockholders will vote on re-electing two Class II directors, ratifying WithumSmith+Brown as auditor, and a NYSE Approval Proposal allowing issuance of up to 7,882,861 shares upon conversion of a $15.0 million note to U.S. Bounti and up to 5,500,000 warrant shares at $0.125 per share. The filing outlines voting mechanics, broker non-vote treatment, director/committee structure, executive and director pay, and significant related-party arrangements, including the Grow Bitterroot lease and services agreements. There were 22,795,198 shares outstanding on the April 13, 2026 record date.

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Local Bounti Corporation interim CFO Anthony Hughes reported a tax-related share disposition. On settlement of previously awarded restricted stock units, 23,064 shares of Common Stock were withheld by the company at $1.63 per share to cover his withholding tax liability.

After this tax-withholding transaction, Hughes directly holds 60,270 shares of Local Bounti Common Stock. This event reflects compensation-related share withholding rather than an open-market purchase or sale.

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Rhea-AI Summary

Local Bounti Corporation interim CFO Anthony Hughes reported a tax-related share disposition. On settlement of previously awarded restricted stock units, 23,064 shares of Common Stock were withheld by the company at $1.63 per share to cover his withholding tax liability.

After this tax-withholding transaction, Hughes directly holds 60,270 shares of Local Bounti Common Stock. This event reflects compensation-related share withholding rather than an open-market purchase or sale.

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FAQ

How many LOCAL BOUNTI (LOCLW) SEC filings are available on StockTitan?

StockTitan tracks 146 SEC filings for LOCAL BOUNTI (LOCLW), including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and Form 4 insider trading disclosures. Each filing includes AI-generated summaries, impact scoring, and sentiment analysis.

When was the most recent SEC filing for LOCAL BOUNTI (LOCLW)?

The most recent SEC filing for LOCAL BOUNTI (LOCLW) was filed on May 15, 2026.