{"schema_version":"secwatch.filing_event.v1","accession":"0000750004-22-000024","form_type":"8-K","ticker":"LNWO","cik":"0000750004","company_name":"Light & Wonder, Inc.","filed_at":"2022-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:58.074178+00:00","generated_at":"2026-06-24T02:25:57.582363+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Light & Wonder Q2 revenue $610M (+5% YoY); net debt leverage cut to 3.6x; elects new director","bullets":["Q2 consolidated revenue from continuing ops $610M, up 5% YoY; net debt leverage ratio reduced to 3.6x.","Closed sale of Lottery business for $5.7B gross proceeds; paid down $4.9B of debt in quarter.","Repurchased $203M of shares in Q2, representing 27% of total buyback authorization.","Elected Stephen Morro to board effective Aug 9, 2022; receives 10,000 stock options and $400K immediate-vest RSUs.","Principal face value of debt outstanding reduced to $4.0B; strong financial flexibility highlighted."],"urls":{"canonical":"https://secwatch.observer/filing/0000750004-22-000024","json":"https://secwatch.observer/filing/0000750004-22-000024.json","markdown":"https://secwatch.observer/filing/0000750004-22-000024.md","text":"https://secwatch.observer/filing/0000750004-22-000024.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/750004/000075000422000024/0000750004-22-000024-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/750004/000075000422000024/sgms-20220804.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T02:25:57.582363+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"60044a1327","claim":"Stephen Morro was elected as Director at Light & Wonder, Inc..","evidence_excerpt":"On August 4, 2022, the Board of Directors (the “Board”) of the Company elected Stephen Morro as a director of the Company, effective August 9, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/750004/000075000422000024/0000750004-22-000024-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}