Local Bounti Corporation Form 8-K Filing Summary

This Form 8-K filing reports significant changes in the leadership of Local Bounti Corporation. Effective June 18, 2026, Craig Hurlbert will resign as Executive Chairman and a member of the Board of Directors, and Matthew Nordby will resign as a member of the Board. These decisions were not prompted by any disagreements with the company or its management. Following these resignations, the Board size has been reduced from eight to six members. Travis Joyner has been appointed as the new Chairman of the Board, and Mark Nelson has been appointed as the Lead Independent Director. Additionally, new committee assignments have been made, with Mark Nelson chairing the Audit and Nominating and Corporate Governance Committees, and Pamela Brewster chairing the Compensation Committee. Mr. Hurlbert will continue his employment with the Company.