Light & Wonder director receives 5,472 shares

Odell’s reported indirect holdings include 8,275 shares through a family trust and 10,000 shares through a superannuation fund.

Rhea-AI Filing Summary

Light & Wonder, Inc. director Jamie Odell reported the vesting of 2,138 and 3,334 restricted stock units on October 1, 2026. The units converted one-for-one into common stock; the awards granted December 11, 2023, had fully vested. Odell’s indirect holdings included 8,275 shares held through New Dusk Pty Ltd (Odell Family Trust) and 10,000 shares held by the Jamie and Caroline Odell Superannuation Fund.

Insider Trade Summary

5,472 shares exercised/converted

Exercise 6 txns

Insider Odell Jamie

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F4	2,138	$0.00	$0.00
Exercise	Restricted Stock Units F5	3,334	$0.00	$0.00
Exercise	Common Stock F1	2,138	$0.00	$0.00
Exercise	Common Stock F1	3,334	$0.00	$0.00
holding	Common Stock F1, F2	--	--	--
holding	Common Stock F1, F3	--	--	--

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 132,331 shares (Direct); Common Stock — 8,275 shares (Indirect, By trust); Common Stock — 10,000 shares (Indirect, Superannuation Fund)

Footnotes (5)

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. Represents shares of common stock held by New Dusk Pty Ltd (Odell Family Trust), of which Mr. Odell serves as a director and a shareholder and is a beneficiary of the trust.
3. F3. Represents shares of common stock held by the Jamie and Caroline Odell Superannuation Fund, a fund of which Mr. Odell is the beneficiary.
4. F4. Represents vesting of one-third of the restricted stock units granted on December 11, 2023. The award has fully vested. Each unit converted into a share of common stock on a one-for-one basis.
5. F5. Represents vesting of one-third of the restricted stock units granted on December 11, 2023. The award has fully vested. Each unit converted into a share of common stock on a one-for-one basis.

Key Figures

Restricted stock units vested: 2,138 units Restricted stock units vested: 3,334 units Common stock held through New Dusk Pty Ltd (Odell Family Trust): 8,275 shares +2 more

5 metrics

Restricted stock units vested 2,138 units October 1, 2026; converted one-for-one into common stock

Restricted stock units vested 3,334 units October 1, 2026; converted one-for-one into common stock

Common stock held through New Dusk Pty Ltd (Odell Family Trust) 8,275 shares Indirect holding reported October 1, 2026

Common stock held by the Jamie and Caroline Odell Superannuation Fund 10,000 shares Indirect holding reported October 1, 2026

Restricted stock units exercised or converted 5,472 units Total reported for October 1, 2026

Key Terms

Restricted Stock Units, CHESS Depositary Interests, Superannuation Fund

3 terms

Restricted Stock Units financial

"vesting of one-third of the restricted stock units granted on December 11, 2023"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

CHESS Depositary Interests technical

"Shares are held via CHESS Depositary Interests"

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.

Superannuation Fund financial

"shares held by the Jamie and Caroline Odell Superannuation Fund"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many restricted stock units vested for LNWO director Jamie Odell?

Jamie Odell reported vesting 2,138 and 3,334 restricted stock units on October 1, 2026. Each unit converted into one share of common stock, and the awards granted December 11, 2023, had fully vested.

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

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Available on EDGAR 10/05/2026 - 06:49 PM Accepted by SEC EDGAR 10/05/2026 - 06:49 PM Learn about SEC filing dates

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^*

Odell Jamie

(Last) (First) (Middle)

C/O LIGHT & WONDER, INC.

6601 BERMUDA RD

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol
[ASX:LNW]

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026

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)	10/01/2026		M		2,138	A	$0	128,997	D
Common Stock(1)	10/01/2026		M		3,334	A	$0	132,331	D
Common Stock(1)								8,275	I	By trust(2)
Common Stock(1)								10,000	I	Superannuation Fund(3)

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
Restricted Stock Units	(4)	10/01/2026		M			2,138	(4)	(4)	Common Stock	2,138	$0	0	D
Restricted Stock Units	(5)	10/01/2026		M			3,334	(5)	(5)	Common Stock	3,334	$0	0	D

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. Represents shares of common stock held by New Dusk Pty Ltd (Odell Family Trust), of which Mr. Odell serves as a director and a shareholder and is a beneficiary of the trust.

3. Represents shares of common stock held by the Jamie and Caroline Odell Superannuation Fund, a fund of which Mr. Odell is the beneficiary.

4. Represents vesting of one-third of the restricted stock units granted on December 11, 2023. The award has fully vested. Each unit converted into a share of common stock on a one-for-one basis.

5. Represents vesting of one-third of the restricted stock units granted on December 11, 2023. The award has fully vested. Each unit converted into a share of common stock on a one-for-one basis.

	/s/ Sweta Gabhawala, attorney-in-fact for Jamie Odell	10/05/2026
	** 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)