Light & Wonder director exercises 2,391 RSUs

Light & Wonder, Inc. director Dr. Kneeland Youngblood reported equity compensation changes.

Accepted by SEC EDGAR 06/12/2026 - 09:57 PM EDT Learn about SEC filing dates

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.

Insider Trade Summary

2,391 shares exercised/converted

Exercise 3 txns

Insider YOUNGBLOOD DR KNEELAND

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,391	$0.00	$0.00
Grant/Award	Restricted Stock Units	2,498	$0.00	$0.00
Exercise	Common Stock	2,391	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 2,498 contracts (Direct); Common Stock — 30,555 shares (Direct)

Footnotes (3)

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 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.
3. F3. 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"

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

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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^*

YOUNGBLOOD DR KNEELAND

(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)

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)
06/10/2026

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)	06/10/2026		M		2,391	A	$0	30,555	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
Restricted Stock Units	(2)	06/10/2026		M			2,391	(2)	(2)	Common Stock	2,391	$0	0	D
Restricted Stock Units	(3)	06/10/2026		A		2,498		(3)	(3)	Common Stock	2,498	$0	2,498	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 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.

3. 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.

	/s/ Sweta Gabhawala, attorney-in-fact for Dr. Kneeland Youngblood	06/12/2026
	** 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)