Form 4: Light & Wonder CEO Matthew Wilson Reports Stock Transactions
SEC Form 4 Filing
Matthew Wilson, President & CEO of Light & Wonder, reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On March 6, 2024, Matthew Wilson acquired 14,913 shares of common stock upon the vesting of restricted stock units.
- Also on March 6, 2024, 5,869 shares were disposed of to satisfy tax withholding obligations at a price of $99.47.
- On March 7, 2024, Wilson disposed of 9,044 shares of common stock at a weighted average price of $101.21.
- Following these transactions, Wilson directly owns 125,940 shares of common stock.
- Wilson also owns 14,913 restricted stock units, each convertible into one share of common stock.
Sentiment
Score: 5
Explanation: This is a neutral document reflecting standard insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- Shareholders may be interested in insider trading activity as an indicator of management's confidence in the company.
- The transactions themselves are unlikely to have a significant impact on the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Acquisition of 14,913 shares of common stock through vesting of restricted stock units and disposal of 5,869 shares for tax obligations. |
| 03/07/2024 | Disposal of 9,044 shares of common stock. |
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