---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-097948"
form_type: "8-K"
ticker: "LNWO"
cik: "0000750004"
company_name: "Light & Wonder, Inc."
filed_at: "2026-08-17T21:27:24+00:00"
generated_at: "2026-08-17T21:30:15.447646+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# Light & Wonder directors Odell and Korsanos to exercise vested options cashless

## Summary
- Chairman Jamie Odell and Vice Chair Toni Korsanos intend to exercise vested options on a cashless basis under the 2003 Incentive Compensation Plan.
- Options expire 28 March 2027; exercise uses CDIs from Employee Share Trust, so no further dilution will result.
- A portion of net CDIs will be sold to cover tax liability; Appendix 3Y notices will be lodged after completion.

## SEC filing metadata
- accession: 0001104659-26-097948
- form_type: 8-K
- ticker: LNWO
- cik: 0000750004
- company_name: Light & Wonder, Inc.
- filed_at: 2026-08-17T21:27:24+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750004/000110465926097948/0001104659-26-097948-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750004/000110465926097948/tm2623413d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-097948
- JSON: https://secwatch.observer/filing/0001104659-26-097948.json
- Plain text: https://secwatch.observer/filing/0001104659-26-097948.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.