Local Bounti Corporation Interim CFO Anthony Hughes filed a Form 4 on November 3, 2026, disclosing the disposition of 9,587 shares of common stock on November 1, 2026, withheld by the company to satisfy tax obligations upon settlement of restricted stock units.

Key Highlights

  • Reporting person: Anthony Hughes, Interim CFO of Local Bounti Corporation/DE (NYSE:LOCL)
  • Transaction date: November 1, 2026
  • Shares disposed: 9,587 shares of common stock, withheld by the company for tax withholding upon RSU settlement (transaction code F)
  • Price per share: $0.93
  • Beneficial ownership following transaction: 110,683 shares of common stock, held directly
  • No derivative securities were reported as acquired, disposed of, or beneficially owned in Table II

Local Bounti Interim CFO Hughes Reports RSU Settlement Share Withholding

According to the Form 4 filing, Anthony Hughes, serving as Interim CFO of Local Bounti Corporation/DE, reported a single transaction in Table I involving common stock. On November 1, 2026, 9,587 shares were disposed of at a price of $0.93 per share under transaction code F, which the filing's footnote explains as "shares withheld by the Company in payment of the withholding tax liability incurred upon settlement of restricted stock units previously awarded."

Following this transaction, the filing states that Hughes directly holds 110,683 shares of common stock. The filing was signed by Kathleen Valiasek as Attorney-in-Fact for Anthony Hughes and filed on November 3, 2026. The transaction is noted as a direct ownership position, with no indirect holdings reported. Table II of the filing contains no reported derivative securities activity.

The filing was submitted individually, as a single reporting person, and does not indicate that any transaction was made pursuant to a Rule 10b5-1(c) plan. No amendment date is listed, indicating this is an original filing.

What Was Disclosed

The filing disclosed that Local Bounti's Interim CFO had 9,587 common shares withheld at $0.93 per share on November 1, 2026 for RSU-related tax withholding, leaving him with direct beneficial ownership of 110,683 shares.