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The latest announcement is out from Light & Wonder, Inc. Shs Chess Depository Interests Repr 1 Sh ( (AU:LNW) ).
Light & Wonder disclosed changes in equity holdings of Executive Vice President, Chief Financial Officer and Treasurer Oliver Chow following the vesting of several tranches of restricted stock units tied to his compensation. The transactions, settled in common stock represented by CHESS Depositary Interests on the ASX, included both time-based and performance-based RSU awards, with a portion of the shares withheld to cover tax obligations.
The filing shows that performance criteria for certain long-term awards granted in 2023 were fully achieved, resulting in 100% vesting of those RSUs and an increase in Chow’s directly held shares. The update underscores the company’s continued use of equity-based incentives to align senior leadership with shareholder interests, while also highlighting the role of its ASX-listed CDIs in executive compensation and ownership reporting.
The most recent analyst rating on (AU:LNW) stock is a Buy with a A$199.00 price target. To see the full list of analyst forecasts on Light & Wonder, Inc. Shs Chess Depository Interests Repr 1 Sh stock, see the AU:LNW Stock Forecast page.
More about Light & Wonder, Inc. Shs Chess Depository Interests Repr 1 Sh
Light & Wonder, Inc. is a global gaming and entertainment company whose common stock is represented on the Australian Securities Exchange through CHESS Depositary Interests. The company focuses on providing gaming content, platforms and technology to casinos and digital gaming operators in regulated markets worldwide.
Average Trading Volume: 353,861
Technical Sentiment Signal: Sell
Current Market Cap: A$8.84B
See more insights into LNW stock on TipRanks’ Stock Analysis page.