Hoffmann Trust Amends Lee Enterprises Stake
Ticker: LEE · Form: SC 13D/A · Filed: Oct 31, 2024 · CIK: 58361
Sentiment: neutral
Topics: 13D-A, ownership-change, sec-filing
Related Tickers: LEE
TL;DR
Hoffmann Trust updated its Lee Enterprises filing on 10/31/24. Watch for potential moves.
AI Summary
Jerrilyn M. Hoffmann Revocable Trust, dated May 30, 2001, has amended its Schedule 13D filing regarding Lee Enterprises, Inc. The filing, dated October 31, 2024, indicates a change in beneficial ownership. The trust is located in Winnetka, IL, and its filing relates to Lee Enterprises, Inc., a newspaper publisher based in Davenport, IA.
Why It Matters
This amendment signals a potential shift in the ownership structure or strategy of Lee Enterprises, Inc., which could impact its stock performance and future business decisions.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate changes in significant shareholder positions, which can lead to increased volatility and strategic shifts for the company.
Key Numbers
- 20241031 — Filing Date (Date of the Schedule 13D/A amendment)
Key Players & Entities
- Jerrilyn M. Hoffmann Revocable Trust dated May 30, 2001 (company) — Filing entity
- Lee Enterprises, Incorporated (company) — Subject company
- John McCarron (person) — Contact person
FAQ
What specific changes in beneficial ownership are detailed in this amendment?
The filing is an amendment (No. 2) 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/A?
The primary filer is Jerrilyn M Hoffmann Revocable Trust dated May 30, 2001.
What is the CUSIP number for Lee Enterprises, Incorporated?
The CUSIP number for Lee Enterprises, Incorporated is 523768406.
Where is Lee Enterprises, Inc. headquartered?
Lee Enterprises, Inc. is headquartered at 4600 E. 53rd Street, Davenport, IA 52807.
What is the SIC code for Lee Enterprises, Inc.?
The Standard Industrial Classification (SIC) code for Lee Enterprises, Inc. is 2711, which corresponds to NEWSPAPERS: PUBLISHING OR PUBLISHING & PRINTING.
Filing Stats: 1,180 words · 5 min read · ~4 pages · Grade level 5.6 · Accepted 2024-10-31 18:29:25
Key Financial Figures
- $1,076,539.17 — sons used an aggregate of approximately $1,076,539.17 to purchase the additional 61,926 share
Filing Documents
- d827485dsc13da.htm (SC 13D/A) — 89KB
- 0001193125-24-248850.txt ( ) — 91KB
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 $1,076,539.17 to purchase the additional 61,926 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 31, 2024 JERRILYN M. HOFFMANN REVOCABLE TRUST DATED MAY 30, 2001 By: /s/ Jerrilyn M. Hoffmann Name: Jerrilyn M. Hoffmann Its: Trustee Dated: October 31, 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 30, 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 1980 16.50 10/28/2024 1398 17.05 10/28/2024 1293 17.48 10/29/2024 500 17.50 10/29/2024 500 17.53 10/29/2024 500 17.74 10/29/2024 500 17.50 10/29/2024 500 17.57 10/29/2024 500 17.74 10/29/2024 48027 17.27 10/30/2024 500 17.99 10/30/2024 500 17.86 10/30/2024 500 18.00 10/30/2024 500 18.00 10/30/2024 500 18.00 10/30/2024 500 18.00 10/30/2024 500 18.00 10/30/2024 500 18.00 10/30/2024 500 18.00 10/30/2024 500 18.00 10/30/2024 500 18.00 10/30/2024 28 18.00 10/30/2024 500 17.98 10/30/2024 200 18.40 10/31/2024 1980 16.50 10/28/2024 1398 17.05 10/28/2024 1293 17.48 10/29/2024 500 17.50 10/29/2024 500 17.53 10/29/2024 500 17.74 10/29/2024 500 17.50 10/29/2024 500 17.57 10/29/2024 500 17.74 10/29/2024 48027 17.27 10/30/2024 500 17.99 10/30/2024 Page 7 of 8 500 17.86