Lee Enterprises CFO granted 81,374 performance rights

Rinehults Joshua Paul reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Rinehults Joshua Paul reported acquisition or exercise transactions in this Form 4 filing.

LEE ENTERPRISES, Inc reported that V.P., CFO and Treasurer Joshua Paul Rinehults received awards tied to company stock. On August 6, 2026 he was granted 81,374 performance rights, each representing a contingent right to receive one share of common stock, vesting on September 30, 2029 upon satisfaction of performance criteria. A corresponding 81,374-share common stock award is now reported, bringing his directly held common shares to 83,552. The company notes an earlier administrative error had under-reported the August 6, 2026 award by 25,955 shares, which this amendment corrects.

Insider Trade Summary

Grant/Award: 162,748 shares

Grant/Award 2 txns

Insider Rinehults Joshua Paul

Role V.P., CFO and Treasurer

Type	Security	Shares	Price	Value
Grant/Award	Performance Rights F2	81,374	$0.00	$0.00
Grant/Award	Common Stock F1	81,374	$0.00	$0.00

Holdings After Transaction: Performance Rights — 81,374 contracts (Direct); Common Stock — 83,552 shares (Direct)

Footnotes (2)

1. F1. Due to an inadvertent administrative error, the Reporting Person's August 6, 2026 award was under-reported by 25,955 shares. This Amendment corrects the error.
2. F2. Each performance right represents a contingent right to receive one share of LEE common stock. The performance rights vest on the expiration date and upon the satisfaction of certain performance criteria of LEE's common stock.

Key Figures

Performance rights granted: 81,374 Underlying common shares for rights: 81,374 Common stock award shares: 81,374 +3 more

6 metrics

Performance rights granted 81,374 Performance rights awarded on August 6, 2026

Underlying common shares for rights 81,374 Each performance right equals one share of common stock

Common stock award shares 81,374 Common stock acquisition on August 6, 2026

Shares held after transaction 83,552 Directly owned LEE common stock after August 6, 2026 award

Performance rights vesting date 2029-09-30 Vesting and performance measurement date for performance rights

Previously under-reported shares 25,955 Administrative error in initial August 6, 2026 award reporting

Key Terms

Performance Rights, contingent right, vest, expiration date

4 terms

Performance Rights financial

"security_title: "Performance Rights" and each right equals one share of stock"

Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.

contingent right financial

"Each performance right represents a contingent right to receive one share"

vest financial

"The performance rights vest on the expiration date and upon satisfaction"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

expiration date financial

"The performance rights vest on the expiration date and upon the satisfaction"

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did LEE (LEE) disclose about Joshua Paul Rinehults’ new equity awards?

LEE reported that its V.P., CFO and Treasurer Joshua Paul Rinehults received 81,374 performance rights and a related 81,374-share common stock award on August 6, 2026, tied to the company’s common stock performance and vesting conditions.

How many LEE (LEE) shares does Joshua Paul Rinehults hold after this Form 4/A?

After the reported grant, Joshua Paul Rinehults directly holds 83,552 shares of LEE common stock. This figure reflects the amended reporting of his August 6, 2026 award, which corrected a prior administrative under-reporting.

What are the terms of the 81,374 performance rights reported by LEE (LEE)?

Each of the 81,374 performance rights represents a contingent right to receive one share of LEE common stock. The rights vest on September 30, 2029, subject to meeting specified performance criteria for LEE’s common stock.

Why did LEE (LEE) file this Form 4/A amendment for Joshua Paul Rinehults?

LEE stated that an inadvertent administrative error caused Rinehults’ August 6, 2026 award to be under-reported by 25,955 shares. The amended Form 4/A corrects that error in the reported common stock award.

Does the Form 4/A for LEE (LEE) involve any insider sales by Joshua Paul Rinehults?

No insider sales are reported. The Form 4/A shows two acquisitions: 81,374 performance rights and a corresponding 81,374-share common stock award, with no dispositions or sales listed in the transaction summary.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/11/2026 - 06:17 PM Accepted by SEC EDGAR 08/11/2026 - 06:16 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Rinehults Joshua Paul

(Last) (First) (Middle)

C/O LEE ENTERPRISES, INCORPORATED

4600 E. 53RD STREET

(Street)

DAVENPORT IOWA 52807

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
LEE ENTERPRISES, Inc [ LEE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	V.P., CFO and Treasurer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
08/10/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/06/2026		A		81,374(1)	A	$0	83,552	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Rights	(2)	08/06/2026		A		81,374		(2)	09/30/2029	Common Stock	81,374	$0	81,374	D

Explanation of Responses:

1. Due to an inadvertent administrative error, the Reporting Person's August 6, 2026 award was under-reported by 25,955 shares. This Amendment corrects the error.

2. Each performance right represents a contingent right to receive one share of LEE common stock. The performance rights vest on the expiration date and upon the satisfaction of certain performance criteria of LEE's common stock.

	/s/Timothy B. Gulbranson, Limited POA, Attorney-in-Fact	08/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)