secwatch.observer — SEC 8-K summary
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Issuer:     LEE ENTERPRISES, Inc (LEE)
CIK:        0000058361
Form:       8-K
Filed at:   2026-08-11T21:11:30+00:00
Accession:  0000058361-26-000063
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lee Enterprises grants $1.75M CEO and $900K CFO transition equity awards; revises annual LTIP
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- Transition Awards: CEO Nathan E. Bekke target value $1.75M, CFO Joshua P. Rinehults $900K, approved Aug 6, 2026.
- Each award is 50% PSUs (payout 0-200% of target) and 50% restricted stock vesting in three annual installments.
- PSUs earned 50% on stock price performance and 50% on Adjusted EBITDA; performance period ends September 2028.
- Revised annual LTIP: CEO target 300% of base, CFO 225%, CRO 175%; mix 40% restricted, 40% PSUs, 20% options.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/58361/000005836126000063/0000058361-26-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/58361/000005836126000063/lee-20260806.htm
  HTML page:      https://secwatch.observer/filing/0000058361-26-000063

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer