Light & Wonder, Inc.: Wilson Matthew R. discloses securities transactions
By AlphaYouPublished Form 4
Public disclosure
Wilson Matthew R.
Reported activity
Wilson Matthew R.
Reporting filer
Wilson Matthew R. reported Grant or award in Light & Wonder, Inc.: 22416 units of Restricted Stock Units (derivative), dated 2026-09-15. The full Form 4 contains 3 transaction entries.
- Disclosed
- Sep 17, 2026
Reported details
3 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (derivative) | Wilson Matthew R. | 2026-09-15 | A | Grant or award | 22416 | 0 | 22,416 | 2 days | Filed terms
|
| Restricted Stock Units (derivative) | Wilson Matthew R. | 2026-09-15 | A | Grant or award | 11208 | 0 | 11,208 | 2 days | Filed terms
|
| Restricted Stock Units (derivative) | Wilson Matthew R. | 2026-09-15 | A | Grant or award | 11208 | 0 | 11,208 | 2 days | Filed terms
|
Restricted Stock Units (derivative)
- Owner
- Wilson Matthew R.
- Date
- 2026-09-15
- Code
- A
- Action
- Grant or award
- Quantity
- 22416
- Price
- 0
- Following holdings
- 22,416
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Restricted Stock Units
- id: F1
- transaction Date: 2026-09-15
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: A
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 22416
- id: F2
- id: F3
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: A
- id: F1
- id: F1
- underlying Security Title: Common Stock
- underlying Security Shares: 22416
- id: F2
- id: F3
- shares Owned Following Transaction: 22416
- id: F2
- id: F3
- direct Or Indirect Ownership: D
Restricted Stock Units (derivative)
- Owner
- Wilson Matthew R.
- Date
- 2026-09-15
- Code
- A
- Action
- Grant or award
- Quantity
- 11208
- Price
- 0
- Following holdings
- 11,208
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Restricted Stock Units
- id: F4
- transaction Date: 2026-09-15
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: A
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 11208
- id: F2
- id: F3
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: A
- id: F4
- id: F4
- underlying Security Title: Common Stock
- underlying Security Shares: 11208
- id: F2
- id: F3
- shares Owned Following Transaction: 11208
- id: F2
- id: F3
- direct Or Indirect Ownership: D
Restricted Stock Units (derivative)
- Owner
- Wilson Matthew R.
- Date
- 2026-09-15
- Code
- A
- Action
- Grant or award
- Quantity
- 11208
- Price
- 0
- Following holdings
- 11,208
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Restricted Stock Units
- id: F5
- transaction Date: 2026-09-15
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: A
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 11208
- id: F2
- id: F3
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: A
- id: F5
- id: F5
- underlying Security Title: Common Stock
- underlying Security Shares: 11208
- id: F2
- id: F3
- shares Owned Following Transaction: 11208
- id: F2
- id: F3
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Wilson Matthew R.: President & CEO.
- F1: The restricted stock units ("RSUs") are scheduled to vest in three equal installments on March 4, 2027, 2028 and 2029. Each unit converts into a share of common stock on a one-for-one basis.
- F2: The CHESS Depositary Interests ("CDIs") issuable to Mr. Wilson upon vesting of the RSUs will be acquired through on-market purchases, which falls within an exception to the stockholder approval requirement under Australian Securities Exchange Listing Rule 10.14. Notwithstanding the availability of that exception, the Issuer sought stockholder approval of the grant of RSUs to Mr. Wilson at the 2026 Annual Meeting of Stockholders in the interests of transparency and good corporate governance. (continued in footnote 3 to this Form 4)
- F3: (continued from footnote 2 to this Form 4) In furtherance of such interests, the Issuer notes that the 2026 Definitive Proxy Statement provided that the number of RSUs granted to Mr. Wilson would be equal to $4,077,450 divided by the grant date fair value at March 4, 2026, but inadvertently reported this number as 37,644 RSUs (consisting of 18,822 time-vesting RSUs and 18,822 performance-based RSUs ("PSUs")) instead of the correct number of 44,832 RSUs (consisting of 22,416 time-vesting RSUs and 22,416 PSUs), as reported above.
- F4: The PSUs are scheduled to cliff vest on March 4, 2029, contingent upon the achievement of a performance goal. If the performance goal is not met by December 31, 2028, all PSUs are forfeited. Each unit converts into a share of common stock on a one-for-one basis.
- F5: The PSUs are scheduled to cliff vest on March 4, 2029, contingent upon the achievement of a performance goal. If the performance goal is not met by December 31, 2028, all PSUs are forfeited. Each unit converts into a share of common stock on a one-for-one basis.
Original sources
Prepared automatically from public filing data. Report a correction.