Local Bounti Corporation: president and ceo Kathleen Valiasek sold 118,720 shares

What happened

• Kathleen Valiasek, president and CEO and director, sold 118,720 shares of Local Bounti Corporation on Oct 2, 2026 at $1.06 per share, for proceeds of $125,843.

Key details

• Transaction date and price: Oct 2, 2026 at $1.06 per share.
• Transaction type and code: open market sale (S).
• Shares owned after the transaction: not reported in this filing.
• Filing date: Oct 6, 2026.
• Footnote F1: the filing says the sales were made to cover tax withholding obligations in connection with the settlement of equity awards (a "sell to cover" transaction).

Why it may matter

• The filing reports a sale executed to satisfy tax withholding tied to equity award settlement (sell to cover).
• A filing does not show why the insider traded or why the company acted.