Company: LAWIL
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000750004-25-000072
Chunk: 103

Company: Light & Wonder, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 103
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— — (23)(23)March 31, 2024$1 $1,154 $762 $(776)$(306)$835 Vesting of RSUs, net of tax withholdings and other— 1 — — — 1 Purchase of treasury stock(1)— — — (151)— (151)Stock-based compensation— 20 — — — 20 Net income— — 82 — — 82 Other comprehensive loss— — — — (1)(1)June 30, 2024$1 $1,175 $844 $(927)$(307)$786 Vesting of RSUs, net of tax withholdings and other— (10)— — — (10)Purchase of treasury stock(1)— — — (45)— (45)Stock-based compensation— 17 — — — 17 Net income— — 64 — — 64 Other comprehensive income— — — — 46 46 September 30, 2024$1 $1,182 $908 $(972)$(261)$858 (1) Includes excise taxes of $1 million for the nine months ended September 30, 2024.Stock-based CompensationFor the three and nine months ended September 30, 2025, we recognized $28 million and $87 million, respectively, in total stock-based compensation expense under all programs. These amounts included $11 million and $38 million, respectively, of stock-based compensation classified as liability awards. For the three and nine months ended September 30, 2024, we recognized $29 million and $82 million, respectively, in total stock-based compensation expense under all programs. These amounts included $12 million and $31 million, respectively, of stock-based compensation classified as liability awards.Restricted Stock UnitsA summary of the changes in RSUs outstanding under our equity-based compensation plans during the nine months ended September 30, 2025 is presented below:Number of Restricted Stock UnitsWeighted Average Grant Date Fair ValueUnvested RSUs as of December 31, 20242.0 $75.49 Granted1.1 $104.98 Vested(1.3)$81.01 Cancelled(0.1)$86.15 Unvested RS