In 2023, Craig Hurlbert earned $58.17K in total compensation at Local Bounti, primarily from $56.42K salary. Most recently acquired 120,000 shares in Apr 2024. Currently holds stock worth $5.29M. Has donated $642.23K in stock to charitable causes. 1+ years at the helm of Local Bounti.
Compensation History
Annual executive compensation data for Craig Hurlbert, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$58.17K
Salary
$56.42K
Bonus
$0.00
Other
$1.75K
Salary
$56.42KBoard Justification
The compensation philosophy emphasizes alignment with employee interests and long-term stockholder value, with a focus on retaining key executives while ensuring competitive compensation.
Bonus
$0.00Board Justification
No bonus was awarded in 2023.
Other Compensation
$1.75KBoard Justification
This amount represents Local Bounti 401(k) contributions for Mr. Hurlbert.
Restricted Stock
Board Justification
No stock awards were granted to Mr. Hurlbert in 2023 as he requested not to receive any to reinforce his commitment to employees.
Performance Metrics
The performance metrics for determining compensation in 2023 were not specified in the provided information.
Craig Hurlbert
CEO of Local Bounti
Education
Bachelor's degree in a relevant field
Field of Expertise
Business & Management
Sector of Economy
Consumer Defensive
Born
January 1, 1973 - 52 years ago
CEO of Local Bounti for
1 year 11 months (Dec 2023 - Present)
Previous Experience
Co-CEO and Chairman of Local Bounti Corporation; experience in strategic roles
Other Local Bounti CEOs
Holdings
Track Craig Hurlbert's stock holdings and portfolio value over time.
Total Stock Sold
$336.70K
$336.70K
6,492.769 LOCL shares
What if they kept their stock?
If Craig Hurlbert didn't sell their stock, today they would have:
Extra LOCL6,492.769 shares worth $16.43K.
This is -95.12% and $320.27K less than what they got when they sold the stock.
Charitable Transactions
253,846.154 shares
LOCL
Recent Charitable Transactions
3,300,000 shares
LOCL
Dec 22, 2022
Charity
Insider Trading
Craig Hurlbert's recent stock transactions, purchases, and sales filed with the SEC.
120,000 shares
LOCL
Apr 25, 2024
Received
$142.87K
LOCL at $1.35/share
Oct 31, 2023
Purchase
3,300,000 shares
LOCL
Dec 22, 2022
Charity
$100.00K
LOCL at $2.50/share
Oct 21, 2022
Received
$221.72K
LOCL at $4.01/share
Aug 25, 2022
Sale
$92.89K
LOCL at $4.00/share
Aug 22, 2022
Sale
$17.83K
LOCL at $4.00/share
Jul 20, 2022
Sale
$5.76K
LOCL at $4.04/share
Jul 15, 2022
Sale
2,000,000 shares
LOCL
Jan 24, 2022
Received
$765.79K
LOCL at $6.83/share
Dec 2, 2021
Purchase
Rivals
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