Form 4: Light & Wonder Director Sells Shares
Insider Transaction (Form 4)
Antonia Korsanos, a Director of Light & Wonder, Inc., sold 39,354 shares of common stock on August 17, 2026.
Summary
- Option exercise/conversion: acquired 150,000 Common Stock at $35.42 ($5,313,000) on August 17, 2026; holds 228,817 after (Direct).
- Tax/exercise-price withholding: disposed of 55,334 Common Stock at $95.84 ($5,303,211) on August 17, 2026; holds 173,483 after (Direct).
- Open-market sale: disposed of 1,425 Common Stock at $91.50 ($130,388) on August 18, 2026; holds 172,058 after (Direct).
- Open-market sale: disposed of 37,929 Common Stock at $91.95 ($3,487,572) on August 18, 2026; holds 134,129 after (Direct).
- Open-market sale: acquired 646 Common Stock at $93.06 ($60,117) on August 18, 2026; holds 133,483 after (Direct).
- Option exercise/conversion: disposed of 150,000 Stock Option (right to buy) on August 17, 2026; holds 377,933 after (Direct).
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $3,617,959 of stock on the open market.
Insider Transactions
Antonia Korsanos — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-17 | Option exercise/conversion | Common Stock | 150,000 | $35 | $5.3M | 228,817 |
| 2026-08-17 | Tax/exercise-price withholding | Common Stock | 55,334 | $96 | $5.3M | 173,483 |
| 2026-08-18 | Open-market sale | Common Stock | 1,425 | $92 | $130.4K | 172,058 |
| 2026-08-18 | Open-market sale | Common Stock | 37,929 | $92 | $3.5M | 134,129 |
| 2026-08-18 | Open-market sale | Common Stock | 646 | $93 | $60.1K | 133,483 |
| 2026-08-17 | Option exercise/conversion | Stock Option (right to buy) | 150,000 | — | — | 377,933 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-17 | Option exercise/conversion (150,000 shares) |
| 2026-08-17 | Tax/exercise-price withholding (55,334 shares) |
| 2026-08-18 | Open-market sale (1,425 shares) |
| 2026-08-18 | Open-market sale (37,929 shares) |
| 2026-08-18 | Open-market sale (646 shares) |
| 2026-08-17 | Option exercise/conversion (150,000 shares) |
Keywords
insider transaction, Form 4, ASX:LNW, Light & Wonder, Inc., bearish, Antonia Korsanos
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