Matthew R. Wilson - 05 Mar 2026 Form 4 Insider Report for Light & Wonder, Inc. (LAWIL)

Role: President & CEO
Signature: /s/ Matthew R. Wilson
Issuer symbol: LAWIL
Transactions as of: 05 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 06 Mar 2026, 21:38:05 UTC
Previous filing: 21 Mar 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Wilson Matthew R.	President & CEO	LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS	/s/ Matthew R. Wilson	06 Mar 2026	0001803574

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LAWIL	Common Stock	Options Exercise		+6,274	+3.9%	$0.000000^*	169,217	05 Mar 2026	Direct	F1
transaction	LAWIL	Common Stock	Tax liability		-2,469	-1.5%	$92.62^*	166,748	05 Mar 2026	Direct	F1, 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	LAWIL	Restricted Stock Units	Options Exercise		-6,274	-33%	$0.000000^*	12,548	05 Mar 2026	Common Stock	6,274		Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares are held via CHESS Depositary Interests ("CDIs"), which 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 $0.7075 USD.
F3	Represents the vesting of one-third of restricted stock units granted on March 5, 2025. The balance of the award is scheduled to vest in two equal installments of 6,274 shares on March 5, 2027 and March 5, 2028. Each restricted stock unit converts into a share of common stock on a one-for-one basis.