Lee Enterprises director granted 5,469 shares

Director Steven C. Fletcher reported a stock grant in LEE ENTERPRISES, Inc., increasing his direct and indirect shareholdings.

Rhea-AI Filing Summary

LEE ENTERPRISES, Inc (LEE) director Steven C. Fletcher received a grant of 5,469 shares of common stock on August 31, 2026, described as a grant, award, or other acquisition at $8.00 per share. Following this award, he holds 38,873 shares directly and 8,000 shares indirectly through the Fletcher Family Trust. No Rule 10b5-1 trading plan is reported for these transactions.

Insider Trade Summary

Grant/Award: 5,469 shares

Grant/Award 2 txns

Insider Fletcher Steven C.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,469	$8.00	$44K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 38,873 shares (Direct); Common Stock — 8,000 shares (Indirect, By Fletcher Family Trust)

Key Figures

Shares granted: 5,469 shares Grant price: $8.00 per share Direct holdings after transaction: 38,873 shares +1 more

4 metrics

Shares granted 5,469 shares Grant, award, or other acquisition of LEE common stock on August 31, 2026

Grant price $8.00 per share Price reported for the 5,469-share award on August 31, 2026

Direct holdings after transaction 38,873 shares LEE common stock held directly by Steven C. Fletcher after the award

Indirect holdings after transaction 8,000 shares LEE common stock held indirectly by Fletcher Family Trust

Key Terms

grant, award, or other acquisition, indirect, Rule 10b5-1 trading plan

3 terms

grant, award, or other acquisition financial

"classified as a grant, award, or other acquisition at $8.00 per share"

indirect financial

"8,000 shares indirectly through the Fletcher Family Trust"

Rule 10b5-1 trading plan regulatory

"No Rule 10b5-1 trading plan is reported for these transactions"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

FAQ

What did LEE (LEE ENTERPRISES, Inc.) director Steven C. Fletcher report in this Form 4?

He reported a grant of 5,469 shares of LEE common stock on August 31, 2026, classified as a grant, award, or other acquisition at $8.00 per share, increasing his reported holdings.

How many LEE (LEE) shares does Steven C. Fletcher hold after this transaction?

After the award, Steven C. Fletcher holds 38,873 LEE shares directly and 8,000 shares indirectly through the Fletcher Family Trust, as reported in the Form 4.

Was Steven C. Fletcher’s LEE stock grant made under a Rule 10b5-1 plan?

No. The filing shows the Rule 10b5-1 checkbox as not checked, indicating no Rule 10b5-1 trading plan is reported for this grant.

What was the reported price for the LEE (LEE) stock grant to Steven C. Fletcher?

The reported grant, award, or other acquisition of 5,469 LEE shares is shown at $8.00 per share on August 31, 2026.

Does Steven C. Fletcher have indirect ownership of LEE (LEE) shares?

Yes. The Form 4 reports 8,000 LEE shares held indirectly by the Fletcher Family Trust, in addition to his directly held shares.

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Available on EDGAR 09/02/2026 - 04:02 PM Accepted by SEC EDGAR 09/02/2026 - 04:01 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^*

Fletcher Steven C.

(Last) (First) (Middle)

C/O LEE ENTERPRISES, INCORPORATED

4600 EAST 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		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/31/2026

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	08/31/2026		A		5,469	A	$8	38,873	D
Common Stock								8,000	I	By Fletcher Family Trust

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:

	/s/Timothy B. Gulbranson, Limited POA, Attorney-in-Fact	09/02/2026
	** 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)