Local Bounti Affiliate Files Intent to Sell $491 in Stock
Local Bounti Corporation/DE
Subscribe to track LOCL
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
Local Bounti Affiliate Files Intent to Sell $491 in Stock
Company: Local Bounti Corporation/DE (LOCL) Form: 144 | Filed: 2025/11/12 Significance: Low
Insider: KEBS TRUST Title: Affiliate | Relationship: Affiliate
Transaction: • Type: Proposed Sale • Shares: 200 • Price: ~$2.45 • Value: $491 • Owned After: Not Stated
Key Insight: An affiliated trust filed its intention to sell a de minimis amount of stock, valued at less than $500. The transaction has no material impact.
Market Context: This sale represents less than 0.001% of the company's market cap. The filing also discloses a pattern of similar small sales over the past three months, indicating a routine liquidation plan.
Comprehensive Analysis
SEC Filing Analysis: Local Bounti Corporation/DE (LOCL)
Executive Summary
- Trading Significance: Low
- Key Takeaway: An affiliated trust, KEBS TRUST, has filed a notice of proposed sale for a negligible 200 shares of common stock, valued at approximately $491.
- Market Impact: The transaction is immaterial and is expected to have no impact on the stock price or trading volume.
Company Information
| Field | Value |
|---|---|
| Company | Local Bounti Corporation/DE |
| Ticker Symbol | LOCL |
| CIK | 0001840780 |
| Industry | AGRICULTURE PRODUCTION - CROPS |
Insider Information
| Field | Value |
|---|---|
| Name | KEBS TRUST |
| CIK | 0001976721 |
| Title/Position | Trustee |
| Relationship | Affiliate |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 144 |
| Transaction Date | 2025/11/11 |
| Transaction Code | S |
| Security Type | Common Stock |
| Shares Involved | 200 |
| Price Per Share | $2.45 |
| Total Value | $490.58 |
| Shares Owned After | Not Stated |
| Ownership Type | Indirect |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $490.58 |
| % of Market Cap | 0.0008% |
| Shares Transacted | 200 |
| % of Shares Outstanding | 0.0009% |
| Post-Transaction Ownership | Not Stated |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The transaction value of $491 is insignificant against Local Bounti's $60 million market capitalization.
- Ownership Concentration: The sale has no discernible impact on insider ownership concentration.
- Transaction Significance: The sale represents a tiny fraction of both the company's market value and its total shares outstanding, rendering it non-noteworthy from a strategic perspective.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The size of the proposed sale is too small to influence the market or signal any change in insider sentiment.
Volume & Sentiment
- Expected Volume Impact: None. The transaction is de minimis.
- Sentiment Indicator: Neutral. This filing does not provide any bullish or bearish signals.
Additional Context
Transaction Notes
- Special Circumstances: This Form 144 is a notice of a proposed sale. The filing also discloses a history of numerous small sales by the same trust over the prior 90 days, suggesting a routine, programmatic selling schedule rather than a reactive decision based on new information.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
