Brewster Pamela 4

What Happened Pamela Brewster, a director of Local Bounti Corporation (LOCL), was granted 62,949 restricted stock units (RSUs) on June 10, 2026. The RSUs were recorded as an award/acquisition at a $0 per-share grant price (no cash paid), so the immediate dollar amount reported at grant is $0. This is a compensation award to a director rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-10; record shows an award (code A) of 62,949 RSUs at $0.00 per share.
• Vesting: RSUs 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 (footnote F1).
• Shares owned after transaction: not specified in the provided filing details.
• Filing timeliness: Form 4 was filed on 2026-06-12 for a 2026-06-10 transaction (appears timely under the two-business-day Form 4 rule).

Context RSUs are a form of equity compensation that convert into shares only after vesting and do not require an upfront cash payment. Such grants are common for directors as part of board compensation and do not, by themselves, indicate buying or selling intent.