LEE ENTERPRISES, INC. Files Definitive Proxy Statement

TL;DR

<b>LEE ENTERPRISES, INC. has filed its Definitive Proxy Statement for the 2024 fiscal year.</b>

AI Summary

LEE ENTERPRISES, Inc (LEE) filed a Proxy Statement (DEF 14A) with the SEC on January 12, 2024. LEE ENTERPRISES, INC. filed a Definitive Proxy Statement on January 12, 2024. The filing is made pursuant to Section 14(a) of the Securities Exchange Act of 1934. The company's principal executive offices are located at 4600 E. 53rd Street, Davenport, IA 52807. The fiscal year end for LEE ENTERPRISES, INC. is September 26th. The filing is designated as a Definitive Proxy Statement, indicating it is for shareholder distribution.

Why It Matters

For investors and stakeholders tracking LEE ENTERPRISES, Inc, this filing contains several important signals. This filing is a standard requirement for publicly traded companies to inform shareholders about matters to be voted on at meetings, including executive compensation and director elections. Shareholders should review this document to understand proposals, director nominees, and compensation details before the annual meeting.

Risk Assessment

Risk Level: low — LEE ENTERPRISES, Inc shows low risk based on this filing. The filing is a routine proxy statement, which typically contains standard disclosures and does not indicate any unusual financial or operational events.

Analyst Insight

Review the proxy statement for details on executive compensation, director nominations, and any shareholder proposals to make informed voting decisions.

Key Numbers

• 2024-01-12 — Filing Date (DEF 14A)
• 0926 — Fiscal Year End (Company Data)
• 5633832100 — Business Phone (Company Data)

Key Players & Entities

• LEE ENTERPRISES, INC. (company) — Registrant
• Securities Exchange Act of 1934 (regulator) — Act under which filing is made
• 4600 E. 53RD STREET (company) — Business Address
• Davenport, IA 52807 (company) — Business Address
• January 12, 2024 (date) — Filing Date

Forward-Looking Statements

• LEE ENTERPRISES will continue to use equity awards as a significant component of executive and employee compensation in future fiscal years. (LEE ENTERPRISES, Inc.) — high confidence, target: 2025-09-26

FAQ

Industry Context

LEE ENTERPRISES, INC. operates in the newspaper publishing industry, a sector that has faced significant digital disruption and consolidation.

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, which governs the reporting and disclosure requirements for public companies in the United States.

What Investors Should Do

1. Review the proposals presented in the proxy statement for the upcoming shareholder meeting.
2. Examine the compensation details for named executive officers and the rationale behind them.
3. Assess the qualifications and independence of director nominees.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a standard annual disclosure for public companies and does not represent a change from previous filings in terms of its nature.

Key Financial Figures

• $0.01 — ch share of our common stock, par value $0.01 ("Common Stock"), has one vote on each

Filing Documents

• lee-20240110.htm (DEF 14A) — 470KB
• lee-20240110_g1.jpg (GRAPHIC) — 7KB
• lee-20240110_g2.jpg (GRAPHIC) — 77KB
• lee-20240110_g3.jpg (GRAPHIC) — 86KB
• lee-20240110_g4.jpg (GRAPHIC) — 156KB
• lee-20240110_g5.jpg (GRAPHIC) — 133KB
• 0001628280-24-001242.txt (&nbsp;) — 2085KB
• lee-20240110.xsd (EX-101.SCH) — 3KB
• lee-20240110_def.xml (EX-101.DEF) — 4KB
• lee-20240110_lab.xml (EX-101.LAB) — 5KB
• lee-20240110_pre.xml (EX-101.PRE) — 3KB
• lee-20240110_htm.xml (XML) — 57KB

Executive Compensation

Executive Compensation 29 Pay Versus Performance 38 Certain Relationships And Related Transactions 41 Report of The Audit Committee of The Board Of Directors 42 Relationship With Independent Registered Public Accounting Firm 43 Delinquent Section 16(a) Reports 45 Additional Information - Costs of Solicitation 46 Appendix A - Non-GAAP Financial Information 49 iv LEE ENTERPRISES, INCORPORATED PROXY STATEMENT 2024 ANNUAL MEETING OF SHAREHOLDERS This proxy statement (including all appendices attached hereto, this "Proxy Statement") is furnished in connection with the solicitation of proxies by the Board of Directors (the "Board" or "Board of Directors") of Lee Enterprises, Incorporated, a Delaware corporation (the "Company") for use at the Company's 2024 annual meeting of shareholders (including an adjournments, postponements, or continuations thereof, the "Annual Meeting"). Unless the context otherwise requires, references in this proxy statement to the "Company," "we," "us," "our"," and similar terms refer to Lee Enterprises, Incorporated. 2024 Proxy Statement Summary This summary highlights information contained elsewhere in this Proxy Statement, including under "Executive Compensation." Unless otherwise indicated, references to "2023," "2022," "2021" and the like refer to the fiscal year ending, or ended, the last Sunday in September. This summary does not contain all of the information that you should consider, and you should read the entire Proxy Statement and annual report carefully before voting. Annual Meeting of Shareholders Date and Time February 22, 2024, 9:00 a.m. Central Time Place http://www.virtualshareholdermeeting.com/LEE2024 Record Date December 29, 2023 ("Record Date") Proxy Materials The Notice of the Annual Meeting, this Proxy Statement, and the accompanying proxy card are first being mailed or made available on or about January 12, 2024, to shareholders of record as of the Record Date. Proposals and Board R

View Full Filing

View this DEF 14A filing on SEC EDGAR