Hoffmann Trust Amends Lee Enterprises Filing

Ticker: LEE · Form: SC 13D/A · Filed: Nov 14, 2024 · CIK: 58361

Sentiment: neutral

Topics: 13D-A, shareholder-activity, amendment

Related Tickers: LEE

TL;DR

Hoffmann Trust updated its Lee Enterprises stake filing on 11/14/24.

AI Summary

Jerrilyn M. Hoffmann Revocable Trust, dated May 30, 2001, has amended its Schedule 13D filing regarding Lee Enterprises, Inc. The filing, dated November 14, 2024, indicates a change in beneficial ownership. The trust's address is listed as 568 Lincoln Avenue, Winnetka, IL 60093.

Why It Matters

This amendment signals a potential shift in significant shareholder activity or strategy concerning Lee Enterprises, Inc., which could influence stock performance.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often indicate changes in a significant shareholder's intentions or holdings, which can introduce volatility.

Key Players & Entities

FAQ

What is the purpose of this Schedule 13D/A filing?

This filing is an amendment (Amendment No. 3) to a Schedule 13D, providing updated information regarding the beneficial ownership of Lee Enterprises, Inc. by the Jerrilyn M. Hoffmann Revocable Trust.

Who is the filer of this amendment?

The filer is the Jerrilyn M. Hoffmann Revocable Trust dated May 30, 2001.

What is the subject company of this filing?

The subject company is Lee Enterprises, Incorporated.

When was this amendment filed?

This amendment was filed on November 14, 2024.

What is the business address of the filer?

The business address of the Jerrilyn M. Hoffmann Revocable Trust is 568 Lincoln Avenue, Winnetka, IL 60093.

Filing Stats: 1,449 words · 6 min read · ~5 pages · Grade level 4.2 · Accepted 2024-11-14 16:18:56

Key Financial Figures

Filing Documents

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 $1,117,338 to purchase the additional 62,600 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. (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 4 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: November 14, 2024 JERRILYN M. HOFFMANN REVOCABLE TRUST DATED MAY 30, 2001 By: /s/ Jerrilyn M. Hoffmann Name: Jerrilyn M. Hoffmann Its: Trustee Dated: November 14, 2024 JERRILYN M. HOFFMANN By: /s/ Jerrilyn M. Hoffmann Name: Jerrilyn M. Hoffmann Page 5 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 November 13, 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 $ 18.00 11/1/2024 600 $ 17.91 11/1/2024 100 $ 17.75 11/1/2024 100 $ 17.96 11/1/2024 100 $ 18.68 11/5/2024 500 $ 18.20 11/5/2024 100 $ 18.73 11/5/2024 38000 $ 18.40 11/5/2024 100 $ 18.76 11/5/2024 100 $ 18.75 11/5/2024 100 $ 18.60 11/5/2024 100 $ 18.75 11/5/2024 100 $ 18.85 11/5/2024 100 $ 18.74 11/5/2024 100 $ 18.60 11/5/2024 500 $ 18.20 11/5/2024 100 $ 18.60 11/5/2024 100 $ 18.00 11/5/2024 100 $ 17.92 11/5/2024 100 $ 17.72 11/5/2024 100 $ 17.71 11/5/2024 100 $ 17.64 11/5/2024 100 $ 17.58 11/5/2024 100 $ 17.55 11/5/2024 100 $ 17.51 11/5/2024 100 $ 17.37 11/5/2024 100 $ 17.34 11/5/2024 50 $ 17.10 11/6/2024 50 $ 17.19 11/6/2024 50 $ 17.00 11/6/2024 50 $ 16.96 11/6/2024 50 $ 16.92 11/6/2024 50 $ 16.92 11/6/2024 50 $ 16.92 11/6/2024

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