Lee Enterprises director awarded 7,813 shares
A director and ten percent owner of LEE ENTERPRISES received a stock award increasing both his direct and indirect holdings.
Rhea-AI Filing Summary
LEE ENTERPRISES, Inc (symbol: LEE) is the issuer of record for a Form 4 filing submitted to the SEC. Hoffmann David Henry reported acquisition or exercise transactions in this Form 4 filing.
LEE ENTERPRISES, Inc (LEE) reported that director and ten percent owner David Henry Hoffmann received a grant or award of 7,813 shares of common stock on August 31, 2026 at a reported value of $8.00 per share. Following this award, he holds 11,530,621 shares directly and 618,900 shares indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 7,813 shares
Grant/Award
2 txns
Insider
Hoffmann David Henry
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,813 | $8.00 | $63K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 11,530,621 shares (Direct);
Common Stock — 618,900 shares (Indirect, By Trust)
Key Figures
Shares acquired in award: 7,813 shares
Award price: $8.00 per share
Direct holdings after transaction: 11,530,621 shares
+1 more
4 metrics
Shares acquired in award
7,813 shares
Grant or award of LEE common stock on August 31, 2026
Award price
$8.00 per share
Reported value for the 7,813-share grant or award
Direct holdings after transaction
11,530,621 shares
LEE common stock directly owned by David Hoffmann after the award
Indirect holdings via trust
618,900 shares
LEE common stock held indirectly by trust for David Hoffmann
Key Terms
Common Stock, ten percent owner, indirect ownership, Rule 10b5-1
4 terms
Common Stock financial
"reported a grant or award of 7,813 shares of common stock on August"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
ten percent owner financial
"reported that director and ten percent owner David Henry Hoffmann received"
indirect ownership financial
"an indirect holding of 618,900 shares of LEE common stock held"
Rule 10b5-1 regulatory
"the Rule 10b5-1 checkbox is not affirmed for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did LEE director David Hoffmann report on this Form 4 for LEE?
He reported a grant or award of 7,813 shares of LEE common stock on August 31, 2026 at a reported value of $8.00 per share, classified as a grant, award, or other acquisition of shares.
Was the LEE (LEE) insider transaction made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not affirmed for these transactions, meaning no Rule 10b5-1 trading plan is reported in connection with this grant or the reported holdings.
What was the reported price used for the LEE (LEE) stock award to David Hoffmann?
The award of 7,813 LEE common shares uses a reported value of $8.00 per share. The transaction is coded as a grant, award, or other acquisition rather than an open-market purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.