# EDGAR Filing Document

**Accession Number:** 0001991805
**File Stem:** 0000950157-26-000421
**Filing Date:** 2026-3
**Character Count:** 8708
**Document Hash:** cc2a89820ba27c3e643ebb9e0a280eb7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950157-26-000421.hdr.sgml**: 20260324

**ACCESSION NUMBER**: 0000950157-26-000421

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260320

**FILED AS OF DATE**: 20260324

**DATE AS OF CHANGE**: 20260324

**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:** 26788190

**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>C/O 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>2026-03-20 | **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> | 2026-03-20 |  | X |  | 711 | A | $0 | 6857 | D |  |
| Common Stock<sup>(1)</sup> | 2026-03-20 |  | F |  | 280 | D | 78.61<sup>(2)</sup> | 6577 | D |  |
| Common Stock<sup>(1)</sup> | 2026-03-20 |  | M |  | 1826 | A | $0 | 8403 | D |  |
| Common Stock<sup>(1)</sup> | 2026-03-20 |  | F |  | 719 | D | 78.61<sup>(2)</sup> | 7684 | D |  |
| Common Stock<sup>(1)</sup> | 2026-03-20 |  | X |  | 1065 | A | $0 | 8749 | D |  |
| Common Stock<sup>(1)</sup> | 2026-03-20 |  | F |  | 419 | D | 78.61<sup>(2)</sup> | 8330 | D |  |
| Common Stock<sup>(1)</sup> | 2026-03-20 |  | X |  | 1065 | A | $0 | 9395 | D |  |
| Common Stock<sup>(1)</sup> | 2026-03-20 |  | F |  | 420 | D | 78.61<sup>(2)</sup> | 8975 | 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>(3)</sup> | 2026-03-20 |  | X |  |  | 711 | <sup>(3)</sup> | <sup>(3)</sup> | Common Stock | 711 | $0 | 0 | D |  |
| Restricted Stock Units | <sup>(4)</sup> | 2026-03-20 |  | M |  |  | 1826 | <sup>(4)</sup> | <sup>(4)</sup> | Common Stock | 1826 | $0 | 1827 | D |  |
| Restricted Stock Units | <sup>(5)</sup> | 2026-03-20 |  | X |  |  | 1065 | <sup>(5)</sup> | <sup>(5)</sup> | Common Stock | 1065 | $0 | 0 | D |  |
| Restricted Stock Units | <sup>(6)</sup> | 2026-03-20 |  | X |  |  | 1065 | <sup>(6)</sup> | <sup>(6)</sup> | Common Stock | 1065 | $0 | 0 | D |  |

---

### Footnotes:

(1) 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.

(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 $0.7023 USD.

(3) Represents the vesting of one-third of restricted stock units granted on August 25, 2023. The award has fully vested. Each restricted stock unit converts into a share of common stock on a one-for-one basis.

(4) Represents the vesting of one-third of restricted stock units granted on March 20, 2024. The balance of the award is scheduled to vest on March 20, 2027. Each restricted stock unit converts into a share of common stock on a one-for-one basis.

(5) Represents the cliff vesting of restricted stock units granted on August 25, 2023, subject to the achievement of performance criteria over a three-year period. Based on the level of achievement, 100% of the RSUs vested and converted into shares of common stock on a one-for-one basis.

(6) Represents the cliff vesting of restricted stock units granted on August 25, 2023, subject to the achievement of performance criteria over a three-year period. Based on the level of achievement, 100% of the RSUs vested and converted into shares of common stock on a one-for-one basis.

**Signature:** /s/ Sweta Gabhawala, attorney-in-fact for Oliver Chow  
**Date:** 2026-03-24

### 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.**