Light & Wonder (LNWO) gaming CEO Siobhan Lane sells 2,000 shares via CDIs

Rhea-AI Filing Summary

Light & Wonder, Inc. executive Siobhan Lane, SVP & CEO - Gaming, reported a sale of 2,000 shares of common stock on 2026-08-06. The shares were sold at $83.31 per share, with the price converted from Australian dollars. Following this transaction, Lane directly holds 14,933 shares, represented by CHESS Depositary Interests traded on the Australian Securities Exchange.

Insider Trade Summary

Net Seller: 2,000 shares

Net Sell 1 txn

Insider Lane Siobhan

Role SVP & CEO - Gaming

Sold 2,000 shs ($167K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F2	2,000	$83.31	$167K

Holdings After Transaction: Common Stock — 14,933 shares (Direct)

Footnotes (2)

1. 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.
2. F2. The transaction was executed at a price of $83.31. Price converted from Australian Dollars into U.S. Dollars based on an exchange rate of $1 AUD to $0.7061 USD.

Key Figures

Shares sold: 2,000 shares Sale price per share: $83.31 per share Shares held after transaction: 14,933 shares +1 more

4 metrics

Shares sold 2,000 shares Common stock sale reported by SVP & CEO - Gaming on 2026-08-06

Sale price per share $83.31 per share Price converted from AUD to USD for the 2,000-share sale

Shares held after transaction 14,933 shares Direct holdings of Siobhan Lane following the reported sale

FX rate used $1 AUD to $0.7061 USD Exchange rate applied to convert sale price into U.S. dollars

Key Terms

CHESS Depositary Interests, beneficial ownership, Australian Securities Exchange

3 terms

CHESS Depositary Interests financial

"Shares are held via CHESS Depositary Interests ("CDIs"), which are units of beneficial ownership"

CHESS depositary interests are tradable certificates used on the Australian settlement system that represent ownership of underlying foreign shares held by a custodian. They let investors buy and sell foreign-listed stocks on the local exchange as if they were domestic shares, simplifying trading, dividend collection and record-keeping, though they may involve custodian fees and can alter certain direct shareholder rights and tax treatments.

beneficial ownership financial

"which are units of beneficial ownership in shares of common stock of the Company"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Australian Securities Exchange financial

"shares of common stock ... that are publicly traded on the Australian Securities Exchange"

Australian Securities Exchange is Australia’s main marketplace where stocks, bonds, ETFs and other tradable financial instruments are bought and sold. Think of it as a large, regulated marketplace that shows current prices, matches buyers and sellers, and enforces rules to keep trading fair and orderly—information and liquidity from the exchange directly affect how easy it is to trade an investment and how its market price is determined.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/10/2026 - 07:39 PM Accepted by SEC EDGAR 08/10/2026 - 07:38 PM Learn about SEC filing dates

FAQ

What did Light & Wonder (LNWO) executive Siobhan Lane report in this Form 4?

Siobhan Lane reported a sale of 2,000 shares of common stock on 2026-08-06 at $83.31 per share. After this transaction, she directly holds 14,933 shares represented by CHESS Depositary Interests on the Australian Securities Exchange.

How many Light & Wonder (LNWO) shares did Siobhan Lane sell and at what price?

She sold 2,000 shares of Light & Wonder common stock at $83.31 per share. The reported price was converted from Australian dollars using an exchange rate of $1 AUD to $0.7061 USD, according to the filing footnote.

What is Siobhan Lane’s remaining Light & Wonder (LNWO) shareholding after this transaction?

After the reported sale, Siobhan Lane directly holds 14,933 shares of Light & Wonder common stock. These holdings are via CHESS Depositary Interests, each representing one fully paid share traded on the Australian Securities Exchange.

How are Light & Wonder (LNWO) shares held and traded for this insider transaction?

The shares are held as CHESS Depositary Interests (CDIs), each representing one fully paid share of common stock. These CDIs are publicly traded on the Australian Securities Exchange and held by CHESS Depositary Nominees Pty. Limited.

Was the Light & Wonder (LNWO) insider sale reported under a Rule 10b5-1 trading plan?

The filing indicates the Rule 10b5-1 affirmation box is not checked, and there is no footnote stating the sale was made under a trading plan. The transaction is reported simply as an open market or private sale of shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lane Siobhan

(Last) (First) (Middle)

C/O LIGHT & WONDER, INC.

6601 BERMUDA ROAD

(Street)

LAS VEGAS NEVADA 89119

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Light & Wonder, Inc. [ ASX:LNW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & CEO - Gaming

2a. Foreign Trading Symbol
[ASX:LNW]

3. Date of Earliest Transaction (Month/Day/Year)
08/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	08/06/2026		S		2,000	D	$83.31(2)	14,933	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. The transaction was executed at a price of $83.31. Price converted from Australian Dollars into U.S. Dollars based on an exchange rate of $1 AUD to $0.7061 USD.

	/s/ Sweta Gabhawala, attorney-in-fact for Siobhan Lane	08/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)