Form 4: Light & Wonder Director Jamie Odell Reports Stock Transactions
SEC Form 4 Filing
Director Jamie Odell reports the vesting of restricted stock units and shares held indirectly through a superannuation fund.
Summary
- On October 1, 2024, Jamie Odell, a director of Light & Wonder, Inc., reported transactions involving the company's common stock and restricted stock units.
- Mr. Odell indirectly holds 10,000 shares of common stock through the Jamie and Caroline Odell Superannuation Fund.
- 5,470 shares of common stock were acquired.
- 2,137 restricted stock units vested, converting into common stock on a one-for-one basis.
- An additional 3,333 restricted stock units vested, also converting into common stock on a one-for-one basis.
- The remaining restricted stock units are scheduled to vest in two equal installments on October 1, 2025, and October 1, 2026.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports transactions without indicating positive or negative implications.
Future Outlook
The remaining restricted stock units are scheduled to vest in two equal installments on October 1, 2025, and October 1, 2026.
Industry Context
This filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company directors.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transactions involving common stock and restricted stock units. |
| 12/11/2023 | Date of grant for the restricted stock units that vested on 10/01/2024. |
| 10/01/2025 | Scheduled vesting date for remaining restricted stock units. |
| 10/01/2026 | Scheduled vesting date for remaining restricted stock units. |
| 10/02/2024 | Date of signature for the Form 4 filing. |
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