Hoffmann Trust Amends Lee Enterprises Stake
Ticker: LEE · Form: SC 13D/A · Filed: Oct 25, 2024 · CIK: 58361
Sentiment: neutral
Topics: 13D-filing, shareholder-activity, amendment
Related Tickers: LEE
TL;DR
Hoffmann Trust updated its 13D filing for Lee Enterprises (LEE) on 10/25/24. Watch for potential changes.
AI Summary
Jerrilyn M. Hoffmann, through the Jerrilyn M. Hoffmann Revocable Trust, has filed an amendment (No. 1) to their Schedule 13D on October 25, 2024, regarding their holdings in Lee Enterprises, Inc. The filing indicates a change in the beneficial ownership of the company's common stock.
Why It Matters
This filing signals a potential shift in significant shareholder influence or strategy for Lee Enterprises, Inc., which could impact its stock performance and corporate decisions.
Risk Assessment
Risk Level: medium — Schedule 13D filings often precede significant corporate actions or shifts in control, introducing uncertainty.
Key Numbers
- 20241025 — Filing Date (Date of the amendment filing)
Key Players & Entities
- Jerrilyn M. Hoffmann Revocable Trust (company) — Filing entity
- Lee Enterprises, Incorporated (company) — Subject company
- John McCarron (person) — Contact person listed
FAQ
What specific changes in beneficial ownership are detailed in this amendment?
The filing is an amendment (No. 1) to a Schedule 13D, indicating a change in beneficial ownership, but the specific details of the change are not provided in the header information.
Who is the primary filer for this Schedule 13D amendment?
The primary filer is the Jerrilyn M. Hoffmann Revocable Trust dated May 30, 2001.
What is the CUSIP number for Lee Enterprises, Inc. common stock?
The CUSIP number for Lee Enterprises, Inc. Common Stock is 523768406.
When is the fiscal year end for Lee Enterprises, Inc.?
The fiscal year end for Lee Enterprises, Inc. is September 29 (0929).
What is the business address of the filing entity, Jerrilyn M. Hoffmann Revocable Trust?
The business address for the Jerrilyn M. Hoffmann Revocable Trust is 568 Lincoln Avenue, Winnetka, IL 60093.
Filing Stats: 1,226 words · 5 min read · ~4 pages · Grade level 5.7 · Accepted 2024-10-25 16:00:55
Key Financial Figures
- $1,640,372 — sons used an aggregate of approximately $1,640,372 to purchase the additional 90,584 share
Filing Documents
- d133718dsc13da.htm (SC 13D/A) — 94KB
- 0001193125-24-244115.txt ( ) — 96KB
to the Prior Schedule 13D is amended, in pertinent part, as follows
Item 3 to the Prior Schedule 13D is amended, in pertinent part, as follows: The Reporting Persons used an aggregate of approximately $1,640,372 to purchase the additional 90,584 shares of Common Stock reported as beneficially owned in Item 5 since the filing of the Prior Schedule 13D. Item5. Interest in Securities of the Issuer.
to Prior Schedule 13D is amended, in pertinent part, as follows
Item 5 to Prior Schedule 13D is amended, in pertinent part, as follows: (a) and (b) The responses of the Reporting Persons to rows 7, 8, 9, 10, 11 and 13 on the cover pages of this Stock. The percentage in this paragraph relating to beneficial ownership of Common Stock is based on 6,190,554 shares of Common Stock outstanding as of July 31, 2024, as reported in the Form 10-Q for the fiscal quarter ended June 23, 2024, of the Issuer. Page 4 of 8 (c) Information with respect to all transactions in the Common Stock which were effected during the past sixty days or since the filing on the Prior Schedule 13D, whichever is less, by each of the Reporting Persons is set forth on Schedule A annexed hereto and incorporated herein by reference. (d) No other person is known to the Reporting Persons to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock covered by this Statement. (e) Not applicable. Signature Page to Follow. Page 5 of 8
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete, and correct. Dated: October 25, 2024 JERRILYN M. HOFFMANN REVOCABLE TRUST DATED MAY 30, 2001 By: /s/ Jerrilyn M. Hoffmann Name: Jerrilyn M. Hoffmann Its: Trustee Dated: October 25, 2024 JERRILYN M. HOFFMANN By: /s/ Jerrilyn M. Hoffmann Name: Jerrilyn M. Hoffmann Page 6 of 8 Schedule A Transactions by the Reporting Persons Since the Most Recent Filing on Schedule 13D The following table sets forth all unreported transactions with respect to the Common Stock effected by or on behalf of the Reporting Persons since the most recent filings on Schedule 13D through 4:00 p.m., Eastern time, on October 24, 2024. Unless otherwise indicated, all such transactions were effected in the open market. All transactions were made by the Jerrilyn M. Hoffmann Revocable Trust dated May 30, 2001. Securities Purchased Price per Share Transaction Date 100 $ 14.80 18-Oct-24 100 $ 14.73 18-Oct-24 100 $ 14.72 18-Oct-24 100 $ 14.62 18-Oct-24 100 $ 14.55 18-Oct-24 100 $ 14.54 18-Oct-24 100 $ 14.45 18-Oct-24 100 $ 14.40 18-Oct-24 100 $ 14.40 18-Oct-24 200 $ 14.50 18-Oct-24 500 $ 14.30 18-Oct-24 500 $ 14.30 18-Oct-24 500 $ 14.17 18-Oct-24 3606 $ 14.25 18-Oct-24 500 $ 14.30 18-Oct-24 500 $ 14.30 18-Oct-24 500 $ 14.30 18-Oct-24 150 $ 16.25 21-Oct-24 500 $ 15.75 21-Oct-24 500 $ 14.73 21-Oct-24 7814 $ 15.67 21-Oct-24 500 $ 16.25 21-Oct-24 500 $ 14.73 21-Oct-24 500 $ 15.75 21-Oct-24 500 $ 14.73 21-Oct-24 1 $ 15.71 22-Oct-24 250 $ 16.29 22-Oct-24 250 $ 16.14 22-Oct-24 250 $ 15.72 22-Oct-24 1000 $ 16.00 22-Oct-24 1000 $ 16.00 22-Oct-24 4924 $ 15.68 22-Oct-24 1 $ 16.50 23-Oct-24 194 $ 15.74 23-O