Lee Enterprises: Director Change and Officer Compensation Update

Ticker: LEE · Form: 8-K · Filed: Nov 21, 2025 · CIK: 58361

Sentiment: neutral

Topics: board-change, executive-compensation

Related Tickers: LEE

TL;DR

Lee Enterprises swapped a director, elected a new one, and updated exec pay. Board changes incoming.

AI Summary

On November 17, 2025, Lee Enterprises, Inc. announced the departure of director Michael J. McNealy and the election of new director Douglas W. Martin. The company also reported on compensatory arrangements for certain officers. This filing was made on November 21, 2025.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — This is a routine filing regarding board changes and compensation, with no immediate financial distress indicated.

Key Players & Entities

FAQ

Who has been elected to the board of directors at Lee Enterprises?

Douglas W. Martin has been elected to the board of directors at Lee Enterprises.

Who has departed from the board of directors?

Michael J. McNealy has departed from the board of directors.

What is the filing date of this 8-K report?

The 8-K report was filed on November 21, 2025.

What is the earliest event date reported in this filing?

The earliest event date reported in this filing is November 17, 2025.

What are the main items covered in this 8-K filing?

This 8-K filing covers the departure of a director, the election of a new director, and compensatory arrangements of certain officers, along with Regulation FD disclosures and financial statements/exhibits.

Filing Stats: 715 words · 3 min read · ~2 pages · Grade level 11 · Accepted 2025-11-21 17:24:05

Filing Documents

01 . Regulation FD Disclosure

Item 7.01 . Regulation FD Disclosure On November 21, 2025, the Company issued a press release announcing Mr. Millage's resignation as its Vice President, Chief Financial Officer, and Treasurer. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein. The information in this Item 7.01 of Form 8-K and Exhibit 99.1 attached hereto are being furnished pursuant to Item 7.01 of Form 8-K and therefore shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits 99.1 Press Release 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. LEE ENTERPRISES, INCORPORATED Date: November 21, 2025 By: /s/ Kevin D. Mowbray Kevin D. Mowbray President and Chief Executive Officer

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