Welcome to our dedicated page for Lee Enterprises SEC filings (Ticker: LEE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Lee Enterprises, Inc. filings document the formal disclosures of a Nasdaq-listed local media company with common stock outstanding. The record includes Form 8-K reports on preliminary operating results, Regulation FD materials, executive appointments, annual-meeting voting results, shareholder proposal deadlines, material agreements and capital-structure changes.
Proxy statements and related meeting filings describe board elections, executive compensation, charter and share-authorization matters, stock issuance approvals and shareholder voting mechanics. Other disclosures address the company’s digital-subscription and advertising model, the transition from print media, credit-facility and debt terms, preferred share purchase rights, governance practices and risk factors including advertising demand, subscription trends, technology systems, cybersecurity, labor costs, newsprint and other input costs, competition and Nasdaq listing status.
Lee Enterprises director and 10% owner David Henry Hoffmann increased his stake through a series of open-market purchases of common stock. On May 19, 20 and 21, 2026, he bought 10,600 shares on each day at prices of $8.94, $9.79 and $9.96 per share, totaling 31,800 shares. After these transactions, his directly held position rose to 11,340,549 shares of Lee Enterprises common stock. The filing also reports 618,900 shares held indirectly by a trust. One transaction was executed in multiple trades, with the reported price representing the weighted average purchase price.
Lee Enterprises entered into a Management Agreement with Hoffmann Media Group under which Lee will manage certain Hoffmann newspaper publications and related digital properties. The agreement runs from June 1, 2026 through May 31, 2031, with optional one-year renewals.
Hoffmann will pay Lee a fixed management fee of $135,000 per fiscal quarter for existing publications, plus a variable fee equal to 20% of the prior quarter’s EBITDA from publications Hoffmann acquires after the start date. Hoffmann keeps all publication revenue and remains responsible for working capital, payables, payroll and taxes.
The arrangement is a related party transaction because David Hoffmann, a principal of Hoffmann Media Group, is Lee’s majority shareholder and Board Chairman. Lee’s Board reviewed and approved the agreement under its related party policies, and Mr. Hoffmann recused himself from deliberations and voting. The contract includes customary confidentiality, indemnification, and termination provisions, including a right to terminate if annual EBITDA falls below $1.0 million.
LEE ENTERPRISES, Inc director and 10% owner David Henry Hoffmann reported a series of open-market purchases of the company’s common stock. He bought a total of 26,800 shares across three days at prices between $7.78 and $8.93 per share.
After these transactions, his direct holdings rose to 11,308,749 shares of common stock. The filing also shows an additional 618,900 shares held indirectly by a trust, reflecting a separate block of beneficial ownership. One of the purchases was executed in multiple trades, with the reported price disclosed as a weighted average.
Lee Enterprises director and 10% owner David Henry Hoffmann reported open-market purchases of the company’s common stock. He bought 8,100 shares on May 12 at a weighted average price of $7.82 per share and 7,400 shares on May 13 at a weighted average price of $7.99 per share.
After these direct purchases, he directly owns 11,281,949 shares of Lee Enterprises common stock. The filing also shows an additional 618,900 shares held indirectly by a trust, giving investors a view of both his direct and trust-related holdings.
Lee Enterprises, Inc. reported sharply improved results for the quarter ended March 29, 2026, though it remained unprofitable. Operating revenue fell 11.2% to $122.0 million as both print and digital sales declined, but aggressive cost cuts and insurance recoveries reduced the net loss to $1.7 million, from $12.0 million a year earlier.
The company completed a $50.0 million Common Stock private placement at $3.25 per share and used it, along with a credit agreement amendment, to lower the margin on its $455.5 million term loan from 9.0% to 5.0% for five years, easing future interest expense. Cash rose to $53.3 million, while Adjusted EBITDA nearly doubled to $15.1 million on lower compensation, print costs and restructuring charges.
Lee Enterprises reported preliminary second quarter 2026 results showing sharply improved profitability despite lower revenue. Total operating revenue was about $122 million, down from roughly $137 million a year earlier, as print advertising and subscription sales continued to decline.
Profitability improved meaningfully. Adjusted EBITDA rose to $15 million, up 95% year over year, helped by $4 million of business interruption insurance reimbursements and substantial cost cuts that reduced operating expenses by 20%. Even excluding these reimbursements, management highlighted 45% Adjusted EBITDA growth.
The company narrowed its net loss to $2 million, an improvement of $10 million from the prior-year quarter. Digital revenue reached $68 million, representing 56% of total revenue, with 591,000 digital-only subscribers. Lee ended the quarter with $53 million in cash and $455 million of debt, after an amendment that cut its term-loan rate to 5% from 9%, which is expected to save about $18 million of interest annually. Management reaffirmed guidance for year-over-year Adjusted EBITDA growth in fiscal 2026.
LEE ENTERPRISES, Inc director files initial ownership report
Director Ronald J. Kruszewski filed a Form 3 for LEE ENTERPRISES, Inc, stating no direct ownership of the company’s Common Stock as of April 6, 2026. The filing serves as his initial statement of beneficial ownership as a company insider.
Lee Enterprises, Inc. announced permanent leadership appointments following a recent strategic investment. The Board named Nathan E. Bekke as President and Chief Executive Officer and Joshua P. Rinehults as Vice President, Chief Financial Officer and Treasurer, after both had served in these roles on an interim basis.
Bekke, who joined Lee in 1988, previously served as Chief Operating Officer and has held multiple leadership roles over more than three decades. Rinehults has held finance leadership roles at Lee and predecessor organizations since 2007.
The Board’s Executive Compensation Committee set Bekke’s annual base salary at $700,000 with a target annual bonus equal to 100% of base salary, and Rinehults’ base salary at $450,000 with a target bonus equal to 50% of base salary. For each executive, half of the target bonus is payable in cash and half in restricted stock awards under the company’s equity incentive plan. Long-term equity award levels will be determined later and disclosed when finalized.
Lee Enterprises ownership filing: Quint Digital Limited and affiliated individuals report beneficial ownership of 3,244,800 shares of Common Stock, representing 14.59% of the class. The filing is presented as a group statement under Rule 13d-1(k) and is signed on 04/23/2026.
The statement lists 3,244,800 shares as the number with sole voting and sole dispositive power. The filing identifies Quint Digital Limited (India) and three individuals as members of the group and shows the group's aggregate holdings.
Lee Enterprises, Incorporated reported the final voting results from its 2026 annual meeting of stockholders held on April 6, 2026. Stockholders elected Ronald J. Kruszewski and Madeline E. McIntosh as directors for three-year terms expiring at the 2029 annual meeting.
All 22,229,939 shares of common stock were entitled to one vote per share, and 19,715,634 shares, or 88.68% of those entitled, were represented by proxy, establishing a quorum. Stockholders gave majority support in a non-binding vote for executive compensation and approved the Second Amendment to the 2020 Long-Term Incentive Plan.
They also ratified the appointment of BDO USA, P.C. as the company’s independent registered public accounting firm for the fiscal year ending September 27, 2026, confirming the existing audit relationship.