Hoffmann Trust Files SC 13D for Lee Enterprises
Ticker: LEE · Form: SC 13D · Filed: Oct 17, 2024 · CIK: 58361
Sentiment: neutral
Topics: 13D-filing, stakeholder-update, media
Related Tickers: LEE
TL;DR
**Hoffmann Trust updates stake in LEE. Watch for potential moves.**
AI Summary
Jerrilyn M. Hoffmann, through the Jerrilyn M. Hoffmann Revocable Trust, has filed a Schedule 13D on October 17, 2024, disclosing beneficial ownership of Lee Enterprises, Inc. (LEE). The filing indicates a change in reporting, suggesting a potential shift in the trust's stake or strategy regarding the company.
Why It Matters
This filing signals a significant stakeholder's updated position and potential intentions regarding Lee Enterprises, which could influence the company's stock performance and strategic direction.
Risk Assessment
Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in control, introducing uncertainty and potential volatility.
Key Players & Entities
- Jerrilyn M. Hoffmann (person) — Beneficial owner filing the Schedule 13D
- Jerrilyn M. Hoffmann Revocable Trust dated May 30, 2001 (company) — Filing entity
- Lee Enterprises, Incorporated (company) — Subject company
- John McCarron (person) — Contact person for the filing
FAQ
What is the specific percentage of Lee Enterprises' common stock beneficially owned by the Jerrilyn M. Hoffmann Revocable Trust?
The provided text does not specify the exact percentage of beneficial ownership, only that a Schedule 13D was filed.
When was the Jerrilyn M. Hoffmann Revocable Trust established?
The trust was established on May 30, 2001.
What is the business address of Lee Enterprises, Inc.?
The business address is 4600 E. 53rd Street, Davenport, IA 52807.
Who is listed as the contact person for this filing?
John McCarron is listed as the contact person.
What is the CUSIP number for Lee Enterprises, Inc. common stock?
The CUSIP number is 523768406.
Filing Stats: 1,905 words · 8 min read · ~6 pages · Grade level 8.8 · Accepted 2024-10-17 17:05:55
Key Financial Figures
- $4,092,361 — Common Stock acquired was approximately $4,092,361. Item4. Purpose of Transaction. Th
Filing Documents
- d898622dsc13d.htm (SC 13D) — 85KB
- 0001193125-24-238954.txt ( ) — 87KB
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 17, 2024 JERRILYN M. HOFFMANN REVOCABLE TRUST DATED MAY 30, 2001 By: /s/ Jerrilyn M. Hoffmann Name: Jerrilyn M. Hoffmann Its: Trustee Dated: October 17, 2024 JERRILYN M. HOFFMANN By: /s/ Jerrilyn M. Hoffmann Name: Jerrilyn M. Hoffmann Page 7 of 9 Schedule A Transactions by the Reporting Persons in the Past 60 Days The following table sets forth all unreported transactions with respect to the Common Stock effected in the last 60 days by or on behalf of the Reporting Persons, inclusive of any transactions effected through 4:00 p.m., Eastern time, on October 16, 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 1515 8.68 9/30/2024 5 14.65 9/30/2024 500 8.67 9/30/2024 55705 8.70 10/1/2024 35 8.70 10/1/2024 500 8.76 10/1/2024 500 8.70 10/1/2024 300 9.42 10/8/2024 6322 9.59 10/8/2024 2180 9.58 10/8/2024 1100 9.34 10/8/2024 367 9.24 10/8/2024 713 9.25 10/8/2024 3642 9.51 10/8/2024 700 9.23 10/8/2024 100 9.39 10/8/2024 200 9.41 10/8/2024 1400 9.43 10/8/2024 100 9.42 10/8/2024 1200 9.43 10/8/2024 1700 9.31 10/8/2024 4300 9.32 10/8/2024 700 9.51 10/8/2024 820 9.20 10/8/2024 2000 9.20 10/8/2024 1000 9.18 10/8/2024 80662 13.16 10/9/2024 53255 13.33 10/10/2024 6417 15.44 10/11/2024 12132 15.83 10/11/2024 500 15.06 10/14/2024 700 15.10 10/15/2024 12308 15.31 10/15/2024 59707 14.99 10/15/2024 1719 15.20 10/15/2024 5001 15.84 10/15/2024 500 14.99 10/16/2024 500 15.00 10/16/20