Oliver Chow - 14 Nov 2025 Form 4 Insider Report for Light & Wonder, Inc. (LNW)

Signature
/s/ James Sottile, attorney-in-fact for Oliver Chow
Issuer symbol
LNW
Transactions as of
14 Nov 2025
Net transactions value
-$70,375
Form type
4
Filing time
18 Nov 2025, 16:29:04 UTC
Previous filing
27 Aug 2025
Next filing
06 Mar 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Chow Oliver EVP, CFO & Treas LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS /s/ James Sottile, attorney-in-fact for Oliver Chow 18 Nov 2025 0001991805

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASX:LNW Common Stock Options Exercise $0 +2,008 +35% $0.000000 7,773 14 Nov 2025 Direct F1
transaction ASX:LNW Common Stock Tax liability $70,375 -791 -10% $88.97 6,982 14 Nov 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ASX:LNW Restricted Stock Units Options Exercise $0 -1,133 -100% $0.000000 0 14 Nov 2025 Common Stock 1,133 Direct F3
transaction ASX:LNW Restricted Stock Units Options Exercise $0 -875 -100% $0.000000 0 14 Nov 2025 Common Stock 875 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflect 2,008 CHESS Depositary Interests ("CDIs") that were acquired upon the vesting of restricted stock units as disclosed in Table II. CDIs are units of beneficial ownership in shares of common stock of the Company that are publicly traded on the Australian Securities Exchange (the "ASX") and held by CHESS Depositary Nominees Pty. Limited, a subsidiary of ASX Limited, the company that operates the ASX. Each CDI represents one fully paid share of common stock.
F2 Represents the satisfaction of tax withholding obligations upon the vesting of restricted stock units. Price converted from Australian Dollars into U.S. Dollars based on an exchange rate of $1 AUD to $0.6529 USD.
F3 Represents the vesting of one-third of restricted stock units granted on November 14, 2022. The award has fully vested. Each restricted stock unit converted into a share of common stock on a one-for-one basis.
F4 Represents the vesting of one-third of restricted stock units granted on March 24, 2023. The award has fully vested. Each restricted stock unit converted into a share of common stock on a one-for-one basis.