Light & Wonder: director Jamie Odell exercised 5,472 shares

What happened

• The filing says Jamie Odell, a director, exercised or converted derivatives for 2,138 shares and 3,334 shares (total 5,472 shares) on Oct 1, 2026, acquired at $0.00 for a total of $0.00.
• The filing also says exercised/converted derivative amounts of 2,138 shares and 3,334 shares were reported as disposed on Oct 1, 2026 (derivative disposition), at $0.00.

Key details

• Transaction date(s) and price(s): Oct 1, 2026; price $0.00; amounts 2,138 shares and 3,334 shares (both acquired and disposed as derivatives).
• Shares owned after the transaction: the filing does not state a total "shares owned following reported transaction" number in the material provided here.
• Relevant footnotes from the filing:
  • F1: Shares are held via CHESS Depositary Interests (CDIs) on the ASX; each CDI represents one share.
  • F2: Some shares are held by New Dusk Pty Ltd (Odell Family Trust), where Mr. Odell is a director, shareholder and beneficiary.
  • F3: Some shares are held by the Jamie and Caroline Odell Superannuation Fund, of which Mr. Odell is the beneficiary.
  • F4 and F5: The transactions represent vesting of 1/3 of restricted stock units granted on Dec 11, 2023; each unit converted 1-for-1 into a share and the award has fully vested.
• Filing date: the Form 4 was filed on Oct 5, 2026.

Why it may matter

• The filing shows derivative exercises and that the exercised shares were disposed on the same date, Oct 1, 2026.
• The transactions involved vesting and conversion of RSUs (per F4 and F5), not an open-market purchase.
• A filing does not show why the insider traded or why the company acted.