Form 4: Light & Wonder Executive Reports Stock Transactions

Vanja Kalabic, SVP & Chief Accounting Officer of Light & Wonder, reports the vesting of restricted stock units and related tax withholding.

Summary

• On May 13, 2025, Vanja Kalabic, SVP & Chief Accounting Officer of Light & Wonder, Inc., reported transactions involving the company's common stock.
• These transactions included the vesting of 526 restricted stock units, which converted into shares of common stock on a one-for-one basis.
• Additionally, 197 shares were disposed of to satisfy tax withholding obligations related to the vesting of the restricted stock units at a price of $86.08 per share.
• Following these transactions, Kalabic directly owns 7,041 shares of Light & Wonder common stock.

Sentiment

Score: 5

Explanation: The document reflects routine insider transactions related to compensation. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This allows investors to monitor insider sentiment and potential alignment with company performance.

Key Dates

Keywords

Light & Wonder, LNW, Form 4, Stock Transaction, Restricted Stock Units, Vesting, Insider Trading, Vanja Kalabic, Chief Accounting Officer