Local Bounti (LOCL) director granted 62,949 RSUs as stock award

Rhea-AI Filing Summary

Nordby Matthew reported acquisition or exercise transactions in this Form 4 filing.

Local Bounti Corporation director Matthew Nordby received an award of 62,949 shares of Common Stock on June 10, 2026. The award is structured as restricted stock units that vest on the earlier of the day before the company’s next annual stockholders’ meeting or June 10, 2027, subject to his continued board service. Following this grant, Nordby directly holds 163,654 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Nordby Matthew

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	62,949	$0.00	--

Holdings After Transaction: Common Stock — 163,654 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 62,949 shares Grant price: $0.00 per share Shares after transaction: 163,654 shares +2 more

5 metrics

Shares granted 62,949 shares Non-derivative Common Stock grant on June 10, 2026

Grant price $0.00 per share Stated transaction price for the award

Shares after transaction 163,654 shares Total direct holdings following the grant

Vesting date latest June 10, 2027 Latest possible vesting date for the RSUs

Reporting role Director Insider position of Matthew Nordby at Local Bounti

Key Terms

restricted stock units, grant, award, or other acquisition, non-derivative, continued service

4 terms

restricted stock units financial

"The RSUs will vest on the earlier of (1) the day before the Issuer's next annual stockholders' meeting or (2) June 10, 2027"

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.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

non-derivative financial

"transaction_type: non-derivative"

continued service financial

"subject to the director's continued service"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/12/2026 - 04:19 PM Accepted by SEC EDGAR 06/12/2026 - 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^*

Nordby Matthew

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

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	06/10/2026		A		62,949(1)	A	$0	163,654	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 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.

	Kathleen Valiasek, as Attorney-in-Fact for Matthew Nordby	06/12/2026
	** 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)

FAQ

What did Local Bounti (LOCL) disclose about Matthew Nordby in this Form 4?

Local Bounti disclosed that director Matthew Nordby was granted 62,949 shares of Common Stock as a restricted stock unit award on June 10, 2026. This is a compensation-related acquisition, not an open-market purchase, and increased his direct holdings to 163,654 shares.

How many shares did Local Bounti (LOCL) director Matthew Nordby acquire?

Director Matthew Nordby acquired 62,949 shares of Local Bounti Common Stock through a grant with a stated price of $0.00 per share. This award increased his direct ownership to 163,654 shares following the transaction, as reported in the Form 4 insider filing.

Is the Local Bounti (LOCL) transaction an open-market buy or a grant?

The Local Bounti transaction is a grant, coded as a grant, award, or other acquisition, not an open-market buy. Nordby received 62,949 shares at $0.00 per share as part of director compensation, reflected as a non-derivative acquisition of Common Stock.

When do Matthew Nordby’s Local Bounti (LOCL) RSUs vest?

Nordby’s restricted stock units will vest on the earlier of the day before Local Bounti’s next annual stockholders’ meeting or June 10, 2027. Vesting is conditioned on his continued service as a director through that date, according to the transaction footnote.

How many Local Bounti (LOCL) shares does Matthew Nordby hold after this Form 4?

After the reported grant, Matthew Nordby directly holds 163,654 shares of Local Bounti Common Stock. This total reflects his position following the 62,949-share award on June 10, 2026, as stated in the Form 4’s share balance field after the transaction.