Fine Capital Partners, L.P. - 08 Dec 2025 Form 4 Insider Report for Light & Wonder, Inc. (LNWO)

Role
10%+ Owner
Signature
FINE CAPITAL PARTNERS, L.P., By: Fine Capital Advisors, LLC, its general partner, /s/ Debra Fine
Issuer symbol
LNWO
Transactions as of
08 Dec 2025
Transactions value $
-$2,206,003
Form type
4
Filing time
10 Dec 2025, 18:24:33 UTC
Previous filing
14 Nov 2025
Next filing
16 Dec 2025

Reporting Owners (3)

Name Relationship Address Signature Signature date CIK
Fine Capital Partners, L.P. 10%+ Owner 1350 AVENUE OF THE AMERICAS, SUITE 2910, NEW YORK FINE CAPITAL PARTNERS, L.P., By: Fine Capital Advisors, LLC, its general partner, /s/ Debra Fine 10 Dec 2025 0001339161
Fine Capital Advisors, LLC 10%+ Owner 1350 AVENUE OF THE AMERICAS, SUITE 2910, NEW YORK FINE CAPITAL ADVISORS, LLC, By: /s/ Debra Fine, Debra Fine, Manager 10 Dec 2025 0001388732
Fine Debra 10%+ Owner 1350 AVENUE OF THE AMERICAS, SUITE 2910, NEW YORK DEBRA FINE /s/ Debra Fine 10 Dec 2025 0001388742
This filing has been restated, see here for the amended filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNWO Common Stock, $.001 par value Sale -$1.13M -7.5K -0.09% $150.83 8.25M 08 Dec 2025 See footnote F1, F7
transaction LNWO Common Stock, $.001 par value Sale -$379K -2.5K -0.03% $151.92 8.25M 09 Dec 2025 See footnote F2, F7
transaction LNWO Common Stock, $.001 par value Sale -$124K -811 -0.01% $152.57 8.25M 09 Dec 2025 See footnote F3, F7
transaction LNWO Common Stock, $.001 par value Sale -$133K -867 -0.01% $153.82 8.25M 09 Dec 2025 See footnote F4, F7
transaction LNWO Common Stock, $.001 par value Sale -$321K -2.07K -0.03% $155.02 8.24M 09 Dec 2025 See footnote F5, F7
transaction LNWO Common Stock, $.001 par value Sale -$118K -758 -0.01% $155.50 8.24M 09 Dec 2025 See footnote F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Fine Capital Partners, L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 This reported price is a weighted average price. These shares were bought in multiple transactions within the range of $150.45 to $151.12. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the range set forth in this footnote.
F2 This reported price is a weighted average price. These shares were bought in multiple transactions within the range of $151.31 to $152.31. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the range set forth in this footnote.
F3 This reported price is a weighted average price. These shares were bought in multiple transactions within the range of $152.32 to $153.32. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the range set forth in this footnote.
F4 This reported price is a weighted average price. These shares were bought in multiple transactions within the range of $153.70 to $154.32. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the range set forth in this footnote.
F5 This reported price is a weighted average price. These shares were bought in multiple transactions within the range of $154.39 to $155.33. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the range set forth in this footnote.
F6 This reported price is a weighted average price. These shares were bought in multiple transactions within the range of $155.41 to $155.60. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the range set forth in this footnote.
F7 The amount reported represents the Reporting Persons' pecuniary interest held through an investment in private funds. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.