Local Bounti Corp. Files 8-K on Leadership Changes

TL;DR

Local Bounti filed an 8-K on 12/9/25 for director/officer changes & comp. Looks like a shuffle.

AI Summary

On December 9, 2025, Local Bounti Corporation/DE filed an 8-K report detailing changes in its board of directors and executive officers, as well as updates to compensatory arrangements. The filing indicates a shift in leadership and potential adjustments to executive compensation structures.

Why It Matters

Changes in a company's board and executive team can signal strategic shifts or governance adjustments that may impact future performance and investor confidence.

Risk Assessment

Risk Level: medium — Changes in leadership and compensation can introduce uncertainty regarding future strategy and financial performance.

Key Numbers

• 001-40125 — SEC File Number (Identifies the company's filing with the SEC.)
• 83-3686055 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• Local Bounti Corporation/DE (company) — Registrant
• Delaware (jurisdiction) — State of incorporation
• December 9, 2025 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.0001 — ich registered Common stock, par value $0.0001 per share LOCL New York Stock Exchange

Filing Documents

• locl-20251209.htm (8-K) — 28KB
• locl-20251209_g1.gif (GRAPHIC) — 6KB
• 0001628280-25-056059.txt ( ) — 161KB
• locl-20251209.xsd (EX-101.SCH) — 2KB
• locl-20251209_lab.xml (EX-101.LAB) — 22KB
• locl-20251209_pre.xml (EX-101.PRE) — 13KB
• locl-20251209_htm.xml (XML) — 3KB

From the Filing

locl-20251209 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K ______________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 9, 2025 LOCAL BOUNTI CORPORATION (Exact name of registrant as specified in its charter) Delaware 001-40125 83-3686055 (State or other jurisdiction of incorporation or organization) (Commission File Number) (IRS Employer Identification No.) 490 Foley Lane Hamilton MT 59840 (Address of principal executive offices, including zip code) Registrant's telephone number, including area code: ( 800 ) 640-4016 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2 (b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common stock, par value $0.0001 per share LOCL New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of Interim Chief Financial Officer On December 9, 2025, the board of directors (the "Board") of Local Bounti Corporation (the "Company") appointed Anthony Hughes, who currently serves as the Company's Senior Vice President of Finance and Chief Accounting Officer, as Interim Chief Financial Officer, effective as of December 9, 2025. Accordingly, Kathleen Valiasek will no longer serve as the Chief Financial Officer of the Company but will retain her position as the Chief Executive Officer and President of the Company. Mr. Hughes, age 61, has served as the Company's Senior Vice President of Finance and Chief Accounting Officer since June 2022. Previously, Mr. Hughes served as Chief Accounting Officer at Amyris, Inc. (formerly a public company traded on Nasdaq), a science and technology leader in the research, development and production of sustainable ingredients for the clean health and beauty and flavors and fragrances markets, where he was responsible for accounting and finance matters. Mr. Hughes has previously held the position of Senior Vice President, Chief Accounting Officer at ServiceSource International, Inc., Vice President, Corporate Controller at CRC Health Group, and Senior Manager at Ernst & Young. Mr. Hughes holds a Bachelor of Science and Master of Science in Accounting from the University of North Texas and is a Certified Public Accountant. There are no family relationships between any director or executive officer of the Company and Mr. Hughes, and there are no arrangements or understandings between Mr. Hughes and any other person pursuant to which he was appointed to serve as the Company's Interim Chief Financial Officer . Mr. Hughes is not a party to any arrangement or understanding with any person pursuant to which he was appointed as an officer of the Company, nor is he a party to any transactions required to be disclosed under Item 404(a) of Regulation S-K involving the Company or any of its subsidiaries. Mr. Hughes has entered into the standard indemnification agreement with the Company, a form of which was filed as Exhibit 10.3 to the Company's Annual Report on Form 10-K filed with the SEC on March 31, 2025, that will remain in effect. There will be no change in compensation for Mr. Hughes in connection with his appointment as Interim Chief Financial Officer. Appointment of Director On December 9, 2025, the Board expanded the Board by one seat and appointed Kathleen Valiasek as a Class III director, effective as of December 9, 2025. Ms. Valiasek has served as President, Chief Executive Officer, and Chief Financial Officer of Local Bounti since March 2025. Prior to her appointment as Chief Executive Officer, Ms. Valiasek served as President and Chief Financial Officer of Local Bounti since June 2024 and April 2021, respectively. Previously, Ms. Valiasek served as Chief Financ

View Full Filing

View this 8-K filing on SEC EDGAR