Form 4: Light & Wonder Director Timothy Throsby Reports Vesting of Restricted Stock Units

Light & Wonder, Inc. Director Timothy Throsby has reported the vesting of 2,159 restricted stock units, converting them into common stock, increasing his direct beneficial ownership to 22,082 shares.

Summary

• Timothy Throsby, a Director of Light & Wonder, Inc. (LNW), reported a transaction on June 5, 2025.
• The transaction involved the vesting of 2,159 Restricted Stock Units (RSUs).
• These RSUs were granted on June 5, 2024, and have now fully vested, converting into common stock on a one-for-one basis at a price of $0.
• Following this transaction, Timothy Throsby's direct beneficial ownership of Light & Wonder common stock increased to 22,082 shares.

Sentiment

Score: 6

Explanation: The vesting of restricted stock units is a routine and expected event for an insider, reflecting the fulfillment of compensation terms. It's mildly positive as it increases insider ownership, but not significantly impactful on its own.

Positives

• The vesting of restricted stock units indicates a successful fulfillment of equity compensation terms for Director Timothy Throsby.
• An increase in direct beneficial ownership by a director can be viewed as a positive signal of alignment with shareholder interests.

Stakeholder Impact

• Shareholders: Minor positive impact due to increased director ownership, aligning interests.
• Timothy Throsby (Director): Positive impact as equity compensation has vested, increasing personal holdings.

Key Dates

Keywords

Light & Wonder, LNW, Timothy Throsby, Form 4, SEC Filing, Insider Transaction, Restricted Stock Units, RSU Vesting, Director Ownership, Equity Compensation