Antonia Korsanos - Oct 1, 2025 Form 4 Insider Report for Light & Wonder, Inc. (LNW)

Role
Director
Signature
/s/ James Sottile, attorney-in-fact for Antonia Korsanos
Stock symbol
LNW
Transactions as of
Oct 1, 2025
Transactions value $
$0
Form type
4
Date filed
10/3/2025, 07:18 PM
Previous filing
Aug 11, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Korsanos Antonia Director C/O LIGHT & WONDER, INC., 6601 BERMUDA ROAD, LAS VEGAS /s/ James Sottile, attorney-in-fact for Antonia Korsanos 2025-10-03 0001825242

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNW Common Stock Options Exercise $0 +1.42K +6.21% $0.00 24.2K Oct 1, 2025 Direct
transaction LNW Common Stock Options Exercise $0 +3.33K +13.75% $0.00 27.6K Oct 1, 2025 Direct
holding LNW Common Stock 313 Oct 1, 2025 By Child F1

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 LNW Restricted Stock Units Options Exercise $0 -1.42K -49.98% $0.00 1.42K Oct 1, 2025 Common Stock 1.42K Direct F2
transaction LNW Restricted Stock Units Options Exercise $0 -3.33K -49.99% $0.00 3.33K Oct 1, 2025 Common Stock 3.33K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership of the shares held by her child, which underly Chess Depositary Interests ("CDIs"). 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 Depository Nominees Pty Limited, a subsidiary of ASX Limited, the company that operates the ASX. Each CDI represents one fully paid share of common stock. This report should not be deemed an admission that the reporting person is the beneficial owner of her child's shares for purposes of Section 16 or for any other purpose.
F2 Represents vesting of one-third of the restricted stock units granted on December 11, 2023. The balance of the award is scheduled to vest on October 1, 2026. Each unit converts into a share of common stock on a one-for-one basis.
F3 Represents vesting of one-third of the restricted stock units granted on December 11, 2023. The balance of the award is scheduled to vest on October 1, 2026. Each unit converts into a share of common stock on a one-for-one basis.