Summary
Light & Wonder (NASDAQ: LNWO) executive Siobhan Lane, who serves as Senior Vice President and CEO - Gaming, reported the sale of 17,896 shares of company common stock in filings with the Securities and Exchange Commission. The transactions took place on March 9 and March 10, 2026, and together generated proceeds of approximately $1.56 million. Price points for those sales ran from $88.84 to $90.79 per share.
Transaction detail
The Form 4 filing lists the individual blocks and weighted average prices for each transaction date:
- March 9, 2026 - 2,681 shares sold at a weighted average price of $89.76 (range: $89.46 to $90.31).
- March 9, 2026 - 2,319 shares sold at a weighted average price of $90.79 (range: $90.70 to $90.97).
- March 10, 2026 - 4,887 shares sold at a weighted average price of $88.84 (range: $88.22 to $89.20).
- March 10, 2026 - 7,237 shares sold at a weighted average price of $89.66 (range: $89.25 to $90.24).
- March 10, 2026 - 270 shares sold at a weighted average price of $90.39 (range: $90.33 to $90.46).
Taken together, these sales sum to 17,896 shares disposed, with transaction prices across the two days falling between $88.84 and $90.79 per share, and aggregate proceeds of $1.56 million as reported on the Form 4.
Post-transaction holdings
Following the reported sales, the filing shows Lane directly holds 18,211 shares of Light & Wonder, Inc.
What the filing covers - and what it does not
The Form 4 records the timing, share counts, and price ranges for the transactions. The filing does not provide additional context about the motivation for the sales, whether they were executed pursuant to a preset trading plan, or whether further transactions are planned. The record in the filing is limited to the share dispositions, per-share price ranges, and the resulting direct ownership figure.
Contextual note
This report is limited to the insider transaction information disclosed in the Form 4. No other claims, analyses, or interpretations of intent are included beyond the data provided in the filing.