Light & Wonder Executive Updates Stake After Vesting of Equity Awards

Light & Wonder, Inc. Shs Chess Depository Interests Repr 1 Sh ( (AU:LNW) ) just unveiled an update.

Light & Wonder senior vice president and chief accounting officer Vanja Kalabic reported changes in her beneficial ownership tied to the vesting of restricted stock units and related equity transactions. The filing shows portions of previous stock awards vesting into common shares via CHESS Depositary Interests and a reduction of shares to satisfy tax withholding obligations, leaving Kalabic with a modest adjusted direct holding and signaling routine executive equity compensation activity rather than a strategic shift.

The disclosure details the full vesting of a 2023 restricted stock unit grant and partial vesting of a 2024 grant, with remaining units scheduled to vest in 2027. These movements underscore the company’s ongoing use of equity-based incentives to align executive compensation with shareholder interests, while also highlighting the dual-market structure of its stock through CDIs on the Australian Securities Exchange.

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 gaming technology company that offers casino, iGaming and related digital content, as well as systems and services for regulated gaming markets. Its shares trade in the U.S., while CHESS Depositary Interests representing its common stock are listed on the Australian Securities Exchange, broadening its investor base across jurisdictions.

Average Trading Volume: 353,861

Technical Sentiment Signal: Sell

Current Market Cap: A$8.84B

See more data about LNW stock on TipRanks’ Stock Analysis page.