Form 4: Light & Wonder Executive Siobhan Lane Reports Stock Transactions
SEC Form 4 Filing
Siobhan Lane, SVP & CEO Gaming at Light & Wonder, reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On March 6, 2024, Siobhan Lane acquired 6,246 shares of common stock through the vesting of restricted stock units.
- Also on March 6, 2024, 2,680 shares were disposed of to satisfy tax withholding obligations at a price of $99.47 per share.
- On March 7, 2024, 3,566 shares were sold at a price of $100.73 per share.
- Following these transactions, Lane directly owns 11,302 shares of common stock.
- Lane also holds 6,246 restricted stock units, each convertible into one share of common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Acquisition of 6,246 shares of common stock through vesting of restricted stock units and disposal of 2,680 shares for tax withholding. |
| 03/07/2024 | Sale of 3,566 shares of common stock at $100.73 per share. |
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