# EDGAR Filing Document

**Accession Number:** 0001991805
**File Stem:** 0000950157-26-000247
**Filing Date:** 2026-3
**Character Count:** 10044
**Document Hash:** d7b5d50fc0cfa8e61b010f6457d7b8c3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950157-26-000247.hdr.sgml**: 20260306

**ACCESSION NUMBER**: 0000950157-26-000247

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260304

**FILED AS OF DATE**: 20260306

**DATE AS OF CHANGE**: 20260306

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Chow Oliver
- **CENTRAL INDEX KEY:** 0001991805

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-11693
- **FILM NUMBER:** 26733003

**MAIL ADDRESS:**
- **STREET 1:** LIGHT & WONDER, INC.
- **STREET 2:** 6601 BERMUDA ROAD
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89119
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Light & Wonder, Inc.
- **CENTRAL INDEX KEY:** 0000750004
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 810422894
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 6601 BERMUDA ROAD
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89119
- **BUSINESS PHONE:** 7028977150

**MAIL ADDRESS:**
- **STREET 1:** 6601 BERMUDA ROAD
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89119

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SCIENTIFIC GAMES CORP
- **DATE OF NAME CHANGE:** 20010427

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AUTOTOTE CORP
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** UNITED TOTE INC
- **DATE OF NAME CHANGE:** 19920317

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Chow Oliver<br><sub>(Last) (First) (Middle)</sub><br>LIGHT & WONDER, INC.<br>6601 BERMUDA ROAD<br><sub>(Street)</sub><br>LAS VEGAS, NV 89119<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2026-03-04 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_EVP, CFO & Treas_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Light & Wonder, Inc. [ ASX:LNW ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock<sup>(1)</sup> | 2026-03-04 |  | M |  | 5144 | A | $0 | 12126 | D |  |
| Common Stock<sup>(1)</sup> | 2026-03-04 |  | F |  | 2025 | D | 91.05<sup>(2)</sup> | 10101 | D |  |
| Common Stock<sup>(1)</sup> | 2026-03-05 |  | M |  | 1961 | A | $0 | 12062 | D |  |
| Common Stock<sup>(1)</sup> | 2026-03-05 |  | F |  | 772 | D | 92.62<sup>(3)</sup> | 11290 | D |  |
| Common Stock<sup>(1)</sup> | 2026-03-05 |  | S |  | 5144<sup>(4)</sup> | D | 90.22<sup>(5)</sup> | 6146 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Stock Units | <sup>(6)</sup> | 2026-03-04 |  | A |  | 5144 |  | <sup>(6)</sup> | <sup>(6)</sup> | Common Stock | 5144 | $0 | 5144 | D |  |
| Restricted Stock Units | <sup>(6)</sup> | 2026-03-04 |  | M |  |  | 5144 | <sup>(6)</sup> | <sup>(6)</sup> | Common Stock | 5144 | $0 | 0 | D |  |
| Restricted Stock Units | <sup>(7)</sup> | 2026-03-04 |  | A |  | 7147 |  | <sup>(7)</sup> | <sup>(7)</sup> | Common Stock | 7147 | $0 | 7147 | D |  |
| Restricted Stock Units | <sup>(8)</sup> | 2026-03-04 |  | A |  | 3573 |  | <sup>(8)</sup> | <sup>(8)</sup> | Common Stock | 3573 | $0 | 3573 | D |  |
| Restricted Stock Units | <sup>(9)</sup> | 2026-03-04 |  | A |  | 3573 |  | <sup>(9)</sup> | <sup>(9)</sup> | Common Stock | 3573 | $0 | 3573 | D |  |
| Restricted Stock Units | <sup>(10)</sup> | 2026-03-05 |  | M |  |  | 1961 | <sup>(10)</sup> | <sup>(10)</sup> | Common Stock | 1961 | $0 | 3924 | D |  |

---

### Footnotes:

(1) Shares are held in 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.

(2) 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 $0.7093 USD.

(3) 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.

(4) The transaction was executed in multiple trades at prices ranging from $89.31 to $89.38. The price reported above reflects the weighted average sale price. Details regarding aggregated sale transactions will be provided upon request by the Commission staff, the issuer or a security holder of the issuer.

(5) Price converted from Australian Dollars into U.S. Dollars based on an exchange rate of $1 AUD to $0.7075 USD.

(6) Represents restricted stock units granted pursuant to a determination by the Compensation Committee of the Board of Directors of the issuer as payment in respect of the annual bonus earned by the reporting person with respect to 2025. The number of units was determined by dividing the dollar value of the bonus earned, based on actual performance for 2025, by the average of the high and low prices of the CDIs on the day preceding the grant date. Since the restricted stock units are payment in respect of the 2025 bonus, they are subject to immediate vesting. Each unit converts into a share of common stock on a one-for-one basis.

(7) The restricted stock units are scheduled to vest in three equal installments on March 4, 2027, 2028 and 2029.

(8) The restricted stock units 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 restricted stock units are forfeited. Each unit converts into a share of common stock on a one-for-one basis.

(9) The restricted stock units 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 restricted stock units are forfeited. Each unit converts into a share of common stock on a one-for-one basis.

(10) 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 1,962 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.

**Signature:** /s/ Sweta Gabhawala, attorney-in-fact for Oliver Chow  
**Date:** 2026-03-06

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**