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

Mar 7, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Light & Wonder, Inc. (ASX:LNW)
CIK: 0000750004
Period of Report: 2026-03-05

Reporting Person: Wilson Matthew R. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-03-05	Common Stock	M	6274	—	Acquired	169217	Direct
2026-03-05	Common Stock	F	2469	$92.62	Disposed	166748	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-03-05	Restricted Stock Units	$	M	6274	Disposed		Common Stock (6274)	Direct

Footnotes

F1: Shares are held via CHESS Depositary Interests ("CDIs"), which are units of beneficial ownership in shares of common stock of the Company that are publicly traded on the Australian Securities Exchange (the "ASX") and held by CHESS Depositary Nominees Pty. Limited, a subsidiary of ASX Limited, the company that operates the ASX. Each CDI represents one fully paid share of common stock.

F2: Represents the satisfaction of tax withholding obligations upon the vesting of restricted stock units. Price converted from Australian Dollars into U.S. Dollars based on an exchange rate of $1 AUD to $0.7075 USD.

F3: Represents the vesting of one-third of restricted stock units granted on March 5, 2025. The balance of the award is scheduled to vest in two equal installments of 6,274 shares on March 5, 2027 and March 5, 2028. Each restricted stock unit converts into a share of common stock on a one-for-one basis.