LOCL Local Bounti Corporation/DE Insider Trading

Director Schwab purchases 70,863 shares of LOCL at $2.00; company unprofitable with $-34.3M net income

SCHWAB CHARLES R JR., a director, purchased 70,863 shares at $2.00 on 2025-03-31, establishing an initial position in Local Bounti. The company is operating at a significant loss with net income of $-34.3M against quarterly revenue of $10.2M, though annual revenue has grown 38.4% year-over-year. The stock currently trades at $2.10, down 35.2% from its 52-week high of $3.24 and down 7.9% over the past 30 days. This purchase occurs in the context of a financially distressed company with a market cap of $22.3M, where the director's initial 70.9K share position represents material exposure to execution risk.

10% owner Schwab buys 1,700,723 shares of LOCL at $2.00; company unprofitable, market cap $22.3M, stock down 35.2% from high

Charles R. Schwab, a 10% owner, purchased 1,700,723 shares at $2.00 on 2025-03-31, establishing a material new position in Local Bounti Corporation. The transaction occurs as the company faces significant headwinds: it is unprofitable with a net income of $-34,327,000.00 over its most recent full fiscal year, and trades at a market cap of $22,331,288.70 despite posting $10,242,000.00 in latest-quarter revenue. The stock is currently 35.2% below its 52-week high of $3.24 and has declined 7.9% over the prior 30 days. While Schwab's cross-ticker open-market track record shows a 66.67% well-timed rate on his 20 prior sells, this metric reflects historical sell performance across multiple stocks, not predictive of timing in this particular position or industry. An investor should weigh the insider's financial commitment against the company's negative profitability and capital-constrained valuation.

CTO Joyner Travis M. bought 500 LOCL shares at $1.86; 2 other insiders also bought within 14 days amid 41.5% revenue growth yet -$34.3M net loss.

Joyner Travis M. (Chief Technology Officer) purchased 500 shares at $1.86 on 2024-12-20, adding to 59.6K post-transaction holdings. This purchase is part of a cluster pattern: 2 other insiders also bought within the past 14 days. At the same ticker (LOCL), Joyner has completed 3 purchases in the past week (2024-12-13, 2024-12-16, 2024-12-19, and this 2024-12-20 transaction), suggesting sustained accumulation at depressed valuations. Fundamentally, the company is navigating rapid revenue expansion (+41.5% annual growth, latest quarter $10.2M) alongside significant operating losses ($-34.3M net income). The stock trades -34.6% from its 52-week high but is up 27.0% over 30 days, indicating recent market recovery. Prior same-ticker outcomes show mixed timing: one 2023 buy returned +90.2% in 30 days but -11.4% over 90 days; another returned +51.5% in 30 days. The cluster buy activity and CTO's repeated near-term purchases warrant attention as a potential signal of management's view of value, though the company's current unprofitability and small market cap ($18.4M) reflect execution risk.

CTO Joyner Travis M. bought 2,850 shares of LOCL at $1.79 on 2024-12-19; stock down -37.4% from 52-week high, insider cluster buy pattern active.

Joyner Travis M., Chief Technology Officer, purchased 2,850 shares at $1.79 on 2024-12-19, increasing his holdings by 5.1% to 59,137 shares. The transaction occurs at a depressed price point—$1.79 is 37.4% below the 52-week high of $3.24—amid a broader cluster with 2 other insiders buying within the past 14 days. At the same ticker, Joyner has made 3 recent purchases (Dec 13, 16, 20), following earlier buys on 2023-11-01 and 2023-11-02 that produced mixed 90-day outcomes (+16.6% and -11.4%). The company is unprofitable with a net loss of $-34.3M against $10.2M in latest quarterly revenue, though full-year revenue grew 41.5% year-over-year. His cross-ticker track record shows a 75% 90-day win rate with +31.0% average 90-day return, but same-ticker results have been inconsistent. The cluster pattern and recent price weakness warrant close observation of whether this sustained accumulation reflects confidence in a turnaround or whether the company's fundamental losses continue to pressure valuation.

CFO Kathleen Valiasek bought 1,950 shares for $3,626.73 (avg $1.86) in 2 transactions; part of cluster with 2 other insiders buying within 14 days.

President and CFO Kathleen Valiasek executed 2 separate purchases totaling 1,950 shares for $3,626.73 on 2024-12-18 and 2024-12-19 at blended average $1.86, adding 0.4% to her 446.2K share holdings. The stock trades at $2.03 (current price), down 37.4% from its 52-week high of $3.24, though up 18.7% over the past 30 days. A cluster pattern is present: 2 other insiders also bought within the past 14 days, alongside Valiasek's 5 prior buys at LOCL spanning 2024-12-11 through 2024-12-17, all outcomes yet measurable. The company reported $10.2M quarterly revenue (+41.5% annual growth) but $-34.3M net income, with negative full-year net income; market cap stands at $17.6M. Cross-ticker, Valiasek's 12 prior open-market buys averaged +47.6% 30-day returns but -5.0% 90-day returns with 28.57% 90-day win rate, though timing outcomes at LOCL itself remain indeterminate. The rapid sequence of acquisitions during a depressed price window and amid losses warrants attention to whether this reflects strategic positioning or follows a pattern driven by factors beyond valuation.

CEO Craig Hurlbert buys 3,250 shares of LOCL at $1.81 (Dec 19); repeated accumulation as 2 other insiders also bought within 14 days

Craig Hurlbert, Chief Executive Officer of Local Bounti Corporation/DE, purchased 3,250 shares at $1.81 on 2024-12-19, adding to his 311,573 pre-transaction holding. This is his third buy at LOCL in nine days (purchases also on 2024-12-16 and 2024-12-11), following two identically-timed buys on 2023-10-31 that each returned +160.2% and +161.6% over 30 days respectively, with both generating +59.4% and +60.2% returns over 90 days. Most significantly, a cluster buy pattern is active: 2 other insiders have also purchased within the past 14 days. Stock currently trades at $2.03, up 18.7% over 30 days and only -5.1% over 90 days. Despite the accumulated buying signal and positive recent price momentum, the company remains deeply unprofitable with net income of $-34.3M against $10.2M in latest-quarter revenue, and the stock trades -37.4% from its 52-week high of $3.24, presenting high fundamental risk that offsets the insider accumulation pattern.

LOCL President and CFO Valiasek buys 300 shares at $2.20 on 2024-12-17 amid cluster of 2 other insider buys in 14 days; stock down 45.7% from 52-week high at $1.76 current.

Kathleen Valiasek, President and CFO of Local Bounti Corporation/DE, purchased 300 shares at $2.20 on 2024-12-17, a modest addition to her 444.2K share holdings. This buy is one of at least 2 other insider purchases within the past 14 days, forming a cluster pattern. The stock is currently trading at $1.76, down 45.7% from its 52-week high and -2.2% over the past 30 days, while the company generated $10.2M in latest quarter revenue but posted a $-34.3M net loss over its most recent full fiscal year. Valiasek's cross-ticker track record shows 13 prior buys with a 28.57% 90-day win rate and -5.0% average 90-day return, providing limited precedent for successful execution in challenging market conditions.

CTO of unprofitable Local Bounti buys 3,250 shares at $1.96 amid cluster; stock down -32.1% from 52-week high

Joyner Travis M., Chief Technology Officer, purchased 3,250 shares at $1.96 on 2024-12-16, growing his holdings by 6.1% to 56,287 shares post-transaction. This buy occurs as part of a cluster pattern, with 2 other insiders also purchasing within the past 14 days, suggesting coordinated confidence at a distressed valuation. At Local Bounti's current price of $2.20, the stock trades -32.1% below its 52-week high while the company reported revenue of $10,242,000.00 against net income of $-34,327,000.00, making it unprofitable despite annual revenue growth of +41.5%. The CTO's prior trades at this ticker show a 3-of-4 well-timed pattern at the 90-day mark, with outcomes ranging from +16.6% to +66.3%, though his broader cross-ticker track record (75% win rate, avg 90d return +31.0%) provides modest evidence of general timing competence. The near-simultaneous purchases by multiple insiders warrant monitoring to determine whether the cluster reflects conviction in operational turnaround or reflects other factors.

CFO Kathleen Valiasek buys 4,400 LOCL shares at $1.28; stock down -32.1% from 52-week high amid unprofitability.

Kathleen Valiasek, President and CFO, purchased 4,400 shares at $1.28 on 2024-12-13, raising her holdings to 441.8K shares. The timing follows a three-day cluster of buys by the same insider and 2 other insiders within the past 14 days. However, context tempers significance: LOCL trades at $2.20, down -32.1% from its 52-week high of $3.24, yet the company is unprofitable with net income of $-34.3M against quarterly revenue of $10.2M. Valiasek's prior purchases at LOCL (5 total trades) show a 0% win rate at the 90-day mark, with her two measurable same-ticker buys returning -21.3% and +9.2% over 30 days respectively, then -23.5% and -17.0% over 90 days. The cluster pattern and recent repeated purchasing may warrant monitoring, but the insider's track record at this specific ticker and the company's ongoing losses provide limited basis for elevated conviction signals.

LOCL CFO Valiasek buys 2,100 shares at $1.94 on 2024-12-16; part of 3-day cluster. Stock -32.1% from 52-week high, company deeply unprofitable ($-34.3M net loss).

Kathleen Valiasek (President and CFO) purchased 2,100 shares at $1.94 on 2024-12-16, extending a pattern of three consecutive buy days (2024-12-11, 2024-12-12, 2024-12-13). The buy cluster aligns with a broader multi-insider purchase window, suggesting coordinated activity. At $2.20 current price, the stock trades -32.1% from its 52-week high and has declined 5.2% over 90 days, yet the company reported a net loss of $-34.3M against quarterly revenue of $10.2M, with full-year profitability remaining negative. Valiasek's prior same-ticker buys at this company (2023-11-13 and 2023-11-10) each showed negative 90-day outcomes (-23.5% and -17.0% respectively), with 0 of 2 prior buys well-timed at the 90-day mark. The current rapid-fire purchase sequence in a deeply underwater company warrants monitoring of whether this pattern reflects confidence or responds to other operational developments.