Light & Wonder, Inc. — Director's Dealing 2026

Jan 29, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Light & Wonder, Inc. (LNWO)
CIK: 0000750004
Period of Report: 2026-01-27

Reporting Person: Fine Capital Partners, L.P. (10% Owner)
Reporting Person: Fine Capital Advisors, LLC (10% Owner)
Reporting Person: Fine Debra (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-01-27	Common Stock, $.001 par value	S	2225	$112.2933	Disposed	8158767	Indirect
2026-01-27	Common Stock, $.001 par value	S	2426	$113.2784	Disposed	8156341	Indirect
2026-01-27	Common Stock, $.001 par value	S	4386	$113.9387	Disposed	8151955	Indirect

Footnotes

F1: This reported price is a weighted average price. These shares were sold in multiple transactions within the range of $111.7123 to $112.7034. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F2: This reported price is a weighted average price. These shares were sold in multiple transactions within the range of $112.7871 to $113.5758. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: The amount reported represents the Reporting Persons' pecuniary interest held through an investment in private funds. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.