Lee Enterprises director buys 7,028 shares twice

Available on EDGAR 11/12/2026 - 04:31 PM EST Accepted by SEC EDGAR 11/12/2026 - 04:30 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

LEE Enterprises, Inc. director and 10% owner David Henry Hoffmann reported two direct purchases of common stock: 7,028 shares on November 10, 2026, at a weighted-average price of $6.96 per share, and 7,028 shares on November 11, 2026, at a weighted-average price of $7.17 per share. Each purchase was executed in multiple trades. The purchases were not reported as made under a Rule 10b5-1 plan.

Insider Trade Summary

Net Buyer: 14,056 shares

Net Buy 2 txns

Insider Hoffmann David Henry

Role Director, 10% Owner

Bought 14,056 shs ($99K)

Type	Security	Shares	Price	Value
Purchase	Common Stock F2	7,028	$7.17	$50K
Purchase	Common Stock F1, F2	7,028	$6.96	$49K

Holdings After Transaction: Common Stock — 11,544,637 shares (Direct)

Footnotes (2)

1. F1. On February 17, 2026, the Reporting Person filed a Form 3 that contained a scrivener's error that resulted in the number of shares beneficially owned directly by the Reporting Person to be overstated by 40 shares. That error has been corrected in this Form 4.
2. F2. This transaction was executed in multiple trades and the price reported reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer, or security holder of the issuer, full information regarding the number of shares and prices at which the transaction as effected.

Key Figures

Common shares purchased: 7,028 shares Weighted-average purchase price: $6.96 per share Common shares purchased: 7,028 shares +1 more

4 metrics

Common shares purchased 7,028 shares Direct purchase on November 10, 2026

Weighted-average purchase price $6.96 per share Direct purchase on November 10, 2026; executed in multiple trades

Common shares purchased 7,028 shares Direct purchase on November 11, 2026

Weighted-average purchase price $7.17 per share Direct purchase on November 11, 2026; executed in multiple trades

Key Terms

weighted average purchase price

1 terms

weighted average purchase price financial

"the price reported reflects the weighted average purchase price"

The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.

FAQ

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

How many shares of LEE did David Henry Hoffmann buy?

David Henry Hoffmann, a director and 10% owner of LEE Enterprises, Inc., purchased 7,028 shares of common stock on November 10, 2026, and another 7,028 shares on November 11, 2026. Both were direct purchases.

What prices did David Henry Hoffmann pay for LEE shares?

The weighted-average purchase price was $6.96 per share on November 10, 2026, and $7.17 per share on November 11, 2026. Each transaction was executed in multiple trades.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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^*

Hoffmann David Henry

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/10/2026

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)

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	11/10/2026		P		7,028	A	$6.96	11,537,609(1)(2)	D
Common Stock	11/11/2026		P		7,028	A	$7.17	11,544,637(2)	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:

1. On February 17, 2026, the Reporting Person filed a Form 3 that contained a scrivener's error that resulted in the number of shares beneficially owned directly by the Reporting Person to be overstated by 40 shares. That error has been corrected in this Form 4.

2. This transaction was executed in multiple trades and the price reported reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer, or security holder of the issuer, full information regarding the number of shares and prices at which the transaction as effected.

	/s/Timothy B. Gulbranson, Limited POA, Attorney-in-Fact	11/12/2026
	/s/ Patricia Garinger-Strickland, Limited POA, Attorney-in-Fact for The Jerrilyn M. Hoffmann Revocable Trust dated May 30, 2001	11/12/2026
	** 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)