Form 4: Light & Wonder Director Reports Transaction in Company Stock
SEC Form 4 Filing
Director Antonia Korsanos reports the disposition of 10,000 shares of Light & Wonder common stock and acquisition of 72 shares through a child's account.
Summary
- On May 13, 2024, Antonia Korsanos, a director of Light & Wonder, Inc., reported a transaction involving the company's common stock.
- Korsanos disposed of 10,000 shares of common stock.
- Additionally, 72 shares were acquired at a price of $91.51 through a child's account.
- Korsanos disclaims beneficial ownership of the shares held by her child, which underly Chess Depository Interests (CDIs) traded on the Australian Securities Exchange (ASX).
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 05/13/2024 | Date of stock transaction (disposal of 10,000 shares and acquisition of 72 shares). |
| 05/14/2024 | Date of report signature. |
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