Light & Wonder (ASX:LNW) SVP gets 19,991 RSU shares, 8,316 withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Light & Wonder, Inc. senior executive Siobhan Lane reported compensation-related equity activity. On March 20, 2026, a total of 19,991 restricted stock units vested and converted into the same number of common shares, reflecting time-based and performance-based RSU awards.
To satisfy tax obligations on these vestings, 8,316 common shares were withheld at a price of $78.61 per share, which is recorded as a disposal but is not an open-market sale. After these transactions, Lane directly holds 16,933 shares of common stock, with no remaining RSUs from the reported grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
19,991 shares exercised/converted
Mixed
12 txns
Insider
Lane Siobhan
Role
SVP & CEO - Gaming
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,372 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,505 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,557 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,557 | $0.00 | -- |
| Exercise | Common Stock | 4,372 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,819 | $78.61 | $143K |
| Exercise | Common Stock | 2,505 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,042 | $78.61 | $82K |
| Exercise | Common Stock | 6,557 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,727 | $78.61 | $214K |
| Exercise | Common Stock | 6,557 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,728 | $78.61 | $214K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 9,630 shares (Direct)
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. 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. Represents the vesting of one-third of restricted stock units granted on March 24, 2023. The award has fully vested. Each restricted stock unit converts into a share of common stock on a one-for-one basis. 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. Represents the cliff vesting of restricted stock units granted on March 24, 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. Represents the cliff vesting of restricted stock units granted on March 24, 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.
FAQ
What insider transactions did LNW executive Siobhan Lane report?
Siobhan Lane reported RSU vesting and related tax withholding, not open-market trading. 19,991 restricted stock units converted into common shares, and 8,316 shares were withheld to cover taxes at $78.61 per share.
What was the size of the RSU vesting reported by LNW on March 20, 2026?
On March 20, 2026, a total of 19,991 restricted stock units vested for LNW executive Siobhan Lane, converting one-for-one into common shares. These units included time-based and performance-based grants from March 2023 and March 2024 award dates.