Light & Wonder (ASX: LNW) director gains 2,391 shares and 2,498 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Light & Wonder, Inc. director Dr. Kneeland Youngblood reported equity compensation changes. He exercised 2,391 previously granted restricted stock units, receiving the same number of common shares and bringing his direct holdings to 30,555 shares, held as CHESS Depositary Interests on the Australian Securities Exchange.
On the same date, he received a new award of 2,498 restricted stock units, each convertible into one share of common stock. These units are scheduled to vest on the earlier of the company’s 2027 annual stockholder meeting or June 10, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,391 shares exercised/converted
Mixed
3 txns
Insider
YOUNGBLOOD DR KNEELAND
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,391 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,498 | $0.00 | -- |
| Exercise | Common Stock | 2,391 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 30,555 shares (Direct, null)
Footnotes (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. Represents the vesting of restricted stock units granted on June 10, 2025. The award has fully vested. Each restricted stock unit converted into a share of common stock on a one-for-one basis. The restricted stock units are scheduled to vest on the earlier of (a) the date of the issuer's 2027 annual meeting of stockholders and (b) June 10, 2027. Each unit converts into a share of common stock on a one-for-one basis.
Key Figures
RSUs exercised: 2,391 shares
Shares held after exercise: 30,555 shares
New RSU grant: 2,498 units
+2 more
5 metrics
RSUs exercised
2,391 shares
Restricted stock units converted to common stock on 2026-06-10
Shares held after exercise
30,555 shares
Common stock directly owned following transactions
New RSU grant
2,498 units
Restricted stock units granted on 2026-06-10
New RSU vesting date
Earlier of 2027 meeting or June 10, 2027
Schedule for 2,498 newly granted RSUs
CDI ratio
1 CDI : 1 share
Each CHESS Depositary Interest represents one common share
Key Terms
Restricted Stock Units, CHESS Depositary Interests ("CDIs"), Australian Securities Exchange, vesting, +1 more
5 terms
Restricted Stock Units financial
"Represents the vesting of restricted stock units granted on June 10, 2025."
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 ("CDIs") financial
"Shares are held via CHESS Depositary Interests ("CDIs"), which are units of beneficial ownership"
Australian Securities Exchange financial
"shares of common stock of the Company 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.
vesting financial
"The award has fully vested. Each restricted stock unit converted into a share of common stock"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual meeting of stockholders financial
"scheduled to vest on the earlier of (a) the date of the issuer's 2027 annual meeting of stockholders"
