SEC Form 4 · accession 0000950157-26-000934
Light & Wonder, Inc. · ASX:LNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Antonia Korsanos
Director
Period of report
Aug 17, 2026
Accepted (ET)
Aug 19, 2026 · 8:32 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000750004
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 17, 2026 | M | 150,000 | $35.42 | A | 228,817 | D | |
| Common StockF1,F2 | Aug 17, 2026 | F | 55,334 | $95.84 | D | 173,483 | D | |
| Common StockF1,F3,F6 | Aug 18, 2026 | S | 1,425 | $91.50 | D | 172,058 | D | |
| Common StockF1,F4,F6 | Aug 18, 2026 | S | 37,929 | $91.95 | D | 134,129 | D | |
| Common StockF1,F5,F6 | Aug 18, 2026 | S | 646 | $93.06 | A | 133,483 | D | |
| Common StockF1,F7 | holding | — | — | — | 313 | I | By Child |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F8 | $35.42 | Aug 17, 2026 | M | 150,000 | D | — | Sep 28, 2026 | Common Stock | 150,000 | 377,933 | D |
Explanation of responses
- F1Shares 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.
- F2Represents the withholding of CDIs to pay the exercise price upon the exercise of stock options. Price converted from Australian Dollars into U.S. Dollars based on an exchange rate of $1 AUD to $0.7047 USD.
- F3Represents the sale of CDIs to cover tax liability in connection with the exercise of stock options. The transaction was executed in multiple trades at prices ranging from $91.41 to $91.64. The price reported above reflects the weighted average purchase price. Details regarding aggregated purchase transactions will be provided upon request by the Commission staff, the issuer or a security holder of the issuer.
- F4Represents the sale of CDIs to cover tax liability in connection with the exercise of stock options. The transaction was executed in multiple trades at prices ranging from $91.65 to $92.64. The price reported above reflects the weighted average purchase price. Details regarding aggregated purchase transactions will be provided upon request by the Commission staff, the issuer or a security holder of the issuer.
- F5Represents the sale of CDIs to cover tax liability in connection with the exercise of stock options. The transaction was executed in multiple trades at prices ranging from $92.65 to $93.64. The price reported above reflects the weighted average purchase price. Details regarding aggregated purchase transactions will be provided upon request by the Commission staff, the issuer or a security holder of the issuer.
- F6Price converted from Australian Dollars into U.S. Dollars based on an exchange rate of $1 AUD to $0.7088 USD.
- F7The reporting person disclaims beneficial ownership of the shares held by her child. 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.
- F8The stock options vested in three equal installments on September 28, 2021, 2022 and 2023.