secwatch.observer — SEC 8-K summary
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Issuer:     Local Bounti Corporation/DE (LOCL)
CIK:        0001840780
Form:       8-K
Filed at:   2022-12-16T23:59:59+00:00
Accession:  0001840780-22-000041
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Local Bounti COO Mark McKinney departs effective December 12, 2022
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- Mark McKinney separated as COO effective immediately on December 12, 2022.
- McKinney was a named executive officer in the most recent proxy statement.
- He will receive severance and benefits under his employment agreement for termination without cause.
- Separation was not due to any disagreement with the Company on operations, policies, or accounting.
- No replacement named; CFO Kathleen Valiasek signed the filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840780/000184078022000041/0001840780-22-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840780/000184078022000041/locl-20221212.htm
  HTML page:      https://secwatch.observer/filing/0001840780-22-000041

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer