Quint Digital boosts Lee Enterprises (LEE) stake with share purchases

Rhea-AI Filing Summary

Quint Digital Ltd, a more than 10% owner of LEE ENTERPRISES, Inc, reported a series of open-market purchases of common stock. On March 2, 2026, it bought a total of 20,454 shares at prices between $8.75 and $9.25 per share, increasing its direct holdings to 3,234,800 shares.

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

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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^*

Quint Digital Ltd

(Last) (First) (Middle)

403 PRABHAT KIRAN

17 RAJENDRA PLACE

(Street)

DELHI K7 110008

(City) (State) (Zip)

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

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

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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

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

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

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	03/02/2026		P		2,204	A	$9.25	3,216,550	D
Common Stock	03/02/2026		P		3,000	A	$8.88	3,219,550	D
Common Stock	03/02/2026		P		2,000	A	$8.77	3,221,550	D
Common Stock	03/02/2026		P		6,000	A	$8.76	3,227,550	D
Common Stock	03/02/2026		P		3,000	A	$8.75	3,230,550	D
Common Stock	03/02/2026		P		2,000	A	$8.97	3,232,550	D
Common Stock	03/02/2026		P		2,000	A	$8.98	3,234,550	D
Common Stock	03/02/2026		P		250	A	$8.94	3,234,800	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

Explanation of Responses:

Remarks:

Ms. Ritu Kapur and Mr. Vidur Bahl have sold 250 and 30,204 common stock (this does not include the fractional entitlement held in his account), respectively, and do not own any beneficial interest in the common stock of Lee Enterprises, Incorporated.

	Raghav Bahl, Director, on behalf of Quint Digital Limited	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Quint Digital report in Lee (LEE) Form 4?

Quint Digital Ltd reported multiple open-market purchases of Lee Enterprises common stock. On March 2, 2026, it executed eight separate buy transactions, all in non-derivative common shares, reflecting increased direct ownership in the company’s equity rather than any sales or derivative exercises.

How many Lee Enterprises (LEE) shares did Quint Digital buy on March 2, 2026?

Quint Digital Ltd bought a total of 20,454 Lee Enterprises common shares on March 2, 2026. The purchases were split across eight individual trades, each reported separately, and all were classified as open-market purchases under transaction code P in the Form 4 filing.

At what prices did Quint Digital purchase Lee Enterprises (LEE) common stock?

Quint Digital’s March 2, 2026 purchases occurred at share prices ranging from $8.75 to $9.25. Each transaction carried its own specific price, including trades at $8.75, $8.76, $8.77, $8.88, $8.94, $8.97, $8.98, and $9.25 per share, all reported individually.

What is Quint Digital Ltd’s Lee Enterprises (LEE) ownership after these purchases?

After the reported March 2, 2026 trades, Quint Digital Ltd directly owned 3,234,800 Lee Enterprises common shares. The Form 4 lists this figure as the total shares beneficially owned following the last transaction, reflecting the cumulative impact of the day’s open-market purchases.

What does it mean that Quint Digital is a more than 10% owner of Lee (LEE)?

Being a more than 10% owner means Quint Digital Ltd holds over ten percent of Lee Enterprises’ outstanding common stock. This status makes it a Section 16 reporting person, requiring timely Form 4 disclosures whenever it buys or sells Lee Enterprises equity securities.

Were Quint Digital’s Lee (LEE) transactions direct or through an intermediary entity?

The Form 4 classifies all reported holdings as direct, using ownership code D. No special nature-of-ownership description or footnote indicates an intermediary entity, so the shares are recorded as directly owned by Quint Digital Ltd rather than through a disclosed related vehicle.