Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-17

Light & Wonder (LNWO)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$2,978,797
Siobhan Lane total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
92.42%
Say-on-pay support, latest vote
Companies that benchmark against LNWO
1 company names LNWO as a compensation peer

Each company listed discloses LNWO in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named LNWO in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Siobhan Lane$784,125$0$1,537,313$0$566,934$0$90,425$2,978,797
Executive Vice President and Group Chief Executive, Gaming

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Siobhan Lane$2,978,797

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Matthew R. WilsonPresident & CEO2026-05-22A30,182$0$0Derivative, Class A CommonForm 4 ↗
Oliver ChowEVP, CFO & Treas2026-05-22A12,07300Derivative, Class A CommonForm 4 ↗
Siobhan LaneSVP & CEO - Gaming2026-05-22A12,07300Derivative, Class A CommonForm 4 ↗
Dr Kneeland YoungbloodDirector2026-06-10A2,39100CommonForm 4 ↗
Stephen W. MorroDirector2026-06-10A2,39100CommonForm 4 ↗
Stephen W. MorroDirector2026-06-10D2,39100Derivative, Class A CommonForm 4 ↗
Dr Kneeland YoungbloodDirector2026-06-10A2,49800Derivative, Class A CommonForm 4 ↗
Timothy ThrosbyDirector2026-06-10A2,39100CommonForm 4 ↗
Timothy ThrosbyDirector2026-06-10D2,39100Derivative, Class A CommonForm 4 ↗
Timothy ThrosbyDirector2026-06-10A2,49800Derivative, Class A CommonForm 4 ↗
Virginia E. ShanksDirector2026-06-10A2,49800Derivative, Class A CommonForm 4 ↗
Hamish McLennanDirector2026-06-10D2,39100Derivative, Class A CommonForm 4 ↗
Stephen W. MorroDirector2026-06-10A2,49800Derivative, Class A CommonForm 4 ↗
Michael MarchettiDirector2026-06-10A2,39100CommonForm 4 ↗
Michael MarchettiDirector2026-06-10D2,39100Derivative, Class A CommonForm 4 ↗
Hamish McLennanDirector2026-06-10A2,49800Derivative, Class A CommonForm 4 ↗
Dr Kneeland YoungbloodDirector2026-06-10D2,39100Derivative, Class A CommonForm 4 ↗
Hamish McLennanDirector2026-06-10A2,39100CommonForm 4 ↗
Virginia E. ShanksDirector2026-06-10A2,39100CommonForm 4 ↗
Virginia E. ShanksDirector2026-06-10D2,39100Derivative, Class A CommonForm 4 ↗
Michael MarchettiDirector2026-06-10A2,49800Derivative, Class A CommonForm 4 ↗
Antonia KorsanosDirector2026-06-15D135,00000Derivative, Class A CommonForm 4 ↗
Jamie OdellDirector2026-06-15D53,748884,740,574CommonForm 4 ↗
Antonia KorsanosDirector2026-06-15D30,000902,702,400CommonForm 4 ↗
Antonia KorsanosDirector2026-06-15D53,748884,740,574CommonForm 4 ↗
Jamie OdellDirector2026-06-15D30,000902,702,400CommonForm 4 ↗
Jamie OdellDirector2026-06-15D135,00000Derivative, Class A CommonForm 4 ↗
Jamie OdellDirector2026-06-15A135,000354,781,700CommonForm 4 ↗
Antonia KorsanosDirector2026-06-15A135,000354,781,700CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
James SottileRSU2025-03-055,498$583,833
Siobhan LaneRSU2025-03-053,619384,302
Matthew WilsonRSU2025-03-0518,8221,998,708
James SottileRSU2025-03-052,749291,916
Matthew WilsonRSU2025-03-059,411999,354
Oliver ChowRSU2025-03-052,942312,411
Oliver ChowRSU2025-03-055,885624,928
Siobhan LaneRSU2025-03-057,239768,709
Siobhan LaneRSU2025-03-053,619384,302
James SottileRSU2025-03-052,749291,916
Oliver ChowRSU2025-03-052,942312,411
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
James Sottile$1,167,665$0$00.0%
Siobhan Lane1,537,313000.0%
Matthew Wilson2,998,062000.0%
Oliver Chow1,249,750000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-1048,053,8803,941,357143,48292.42%Passed
20252025-06-1067,322,6341,734,133304,15297.49%Passed
20242024-06-0559,636,0171,224,493176,78897.99%Passed
20232023-06-0764,484,8966,189,34842,58591.24%Passed
20222022-06-0868,943,8542,243,648168,10396.85%Passed
20212021-06-0936,662,47517,712,767624,33967.42%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-1092.42%a
20252025-06-1097.49%b
20242024-06-0597.99%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Light & Wonder2025Siobhan Lane$784,125$1,537,313$0$566,934$2,978,797

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Siobhan LaneDEF 14A2026-04-300001104659-26-053082Section “Summary Compensation Table” · page 36. As printed: 2,978,797. Filing ↗machine: r10 · c41 · span 765983–765992
2Section 03, James Sottile RSUDEF 14A2026-04-300001104659-26-053082Section “Grants of Plan-Based Awards for Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: t30 · r13 · c33 · span 837111–837116
3Section 03, Siobhan Lane RSUDEF 14A2026-04-300001104659-26-053082Section “Grants of Plan-Based Awards for Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: t30 · r15 · c27 · span 844803–844808
4Section 03, Matthew Wilson RSUDEF 14A2026-04-300001104659-26-053082Section “Grants of Plan-Based Awards for Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: t30 · r5 · c33 · span 805464–805470
5Section 03, James Sottile RSUDEF 14A2026-04-300001104659-26-053082Section “Grants of Plan-Based Awards for Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: t30 · r11 · c27 · span 828981–828986
6Section 03, Matthew Wilson RSUDEF 14A2026-04-300001104659-26-053082Section “Grants of Plan-Based Awards for Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: t30 · r3 · c27 · span 797334–797339
7Section 03, Oliver Chow RSUDEF 14A2026-04-300001104659-26-053082Section “Grants of Plan-Based Awards for Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: t30 · r7 · c27 · span 813158–813163
8Section 03, Oliver Chow RSUDEF 14A2026-04-300001104659-26-053082Section “Grants of Plan-Based Awards for Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: t30 · r9 · c33 · span 821238–821243
9Section 03, Siobhan Lane RSUDEF 14A2026-04-300001104659-26-053082Section “Grants of Plan-Based Awards for Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: t30 · r17 · c33 · span 852883–852888
10Section 03, Siobhan Lane RSUDEF 14A2026-04-300001104659-26-053082Section “Grants of Plan-Based Awards for Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: t30 · r15 · c27 · span 844803–844808
11Section 03, James Sottile RSUDEF 14A2026-04-300001104659-26-053082Section “Grants of Plan-Based Awards for Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: t30 · r11 · c27 · span 828981–828986
12Section 03, Oliver Chow RSUDEF 14A2026-04-300001104659-26-053082Section “Grants of Plan-Based Awards for Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: t30 · r7 · c27 · span 813158–813163
13Section 02, Matthew R. Wilson 2026-05-22Form 42026-05-260000950157-26-000644Insider equity transaction reported since the proxy statement. Filing ↗
14Section 02, Oliver Chow 2026-05-22Form 42026-05-260000950157-26-000643Insider equity transaction reported since the proxy statement. Filing ↗
15Section 02, Siobhan Lane 2026-05-22Form 42026-05-260000950157-26-000645Insider equity transaction reported since the proxy statement. Filing ↗
16Section 02, Dr Kneeland Youngblood 2026-06-10Form 42026-06-120000950157-26-000718Insider equity transaction reported since the proxy statement. Filing ↗
17Section 02, Stephen W. Morro 2026-06-10Form 42026-06-120000950157-26-000714Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, Stephen W. Morro 2026-06-10Form 42026-06-120000950157-26-000714Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Dr Kneeland Youngblood 2026-06-10Form 42026-06-120000950157-26-000718Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Timothy Throsby 2026-06-10Form 42026-06-120000950157-26-000717Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Timothy Throsby 2026-06-10Form 42026-06-120000950157-26-000717Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Timothy Throsby 2026-06-10Form 42026-06-120000950157-26-000717Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Virginia E. Shanks 2026-06-10Form 42026-06-120000950157-26-000716Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Hamish McLennan 2026-06-10Form 42026-06-120000950157-26-000715Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Stephen W. Morro 2026-06-10Form 42026-06-120000950157-26-000714Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Michael Marchetti 2026-06-10Form 42026-06-120000950157-26-000713Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Michael Marchetti 2026-06-10Form 42026-06-120000950157-26-000713Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Hamish McLennan 2026-06-10Form 42026-06-120000950157-26-000715Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Dr Kneeland Youngblood 2026-06-10Form 42026-06-120000950157-26-000718Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Hamish McLennan 2026-06-10Form 42026-06-120000950157-26-000715Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Virginia E. Shanks 2026-06-10Form 42026-06-120000950157-26-000716Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Virginia E. Shanks 2026-06-10Form 42026-06-120000950157-26-000716Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Michael Marchetti 2026-06-10Form 42026-06-120000950157-26-000713Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Antonia Korsanos 2026-06-15Form 42026-06-170000950157-26-000727Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Jamie Odell 2026-06-15Form 42026-06-170000950157-26-000728Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Antonia Korsanos 2026-06-15Form 42026-06-170000950157-26-000727Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Antonia Korsanos 2026-06-15Form 42026-06-170000950157-26-000727Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Jamie Odell 2026-06-15Form 42026-06-170000950157-26-000728Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Jamie Odell 2026-06-15Form 42026-06-170000950157-26-000728Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Jamie Odell 2026-06-15Form 42026-06-170000950157-26-000728Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Antonia Korsanos 2026-06-15Form 42026-06-170000950157-26-000727Insider equity transaction reported since the proxy statement. Filing ↗
42Section 06, 2026 voteForm 8-K2026-06-110001104659-26-073012Item 5.07 · say-on-pay result. As reported: 92.42% (votes for as printed: 48,053,880). Filing ↗
43Section 06, 2025 voteForm 8-K2025-06-120000950157-25-000509Item 5.07 · say-on-pay result. As reported: 97.49% (votes for as printed: 67,322,634). Filing ↗
44Section 06, 2024 voteForm 8-K2024-06-070000950157-24-000867Item 5.07 · say-on-pay result. As reported: 97.99% (votes for as printed: 59,636,017). Filing ↗
45Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
46Light & Wonder (subject), Section 10b CEO totalDEF 14A2026-04-300001104659-26-053082CEO total compensation as printed in Light & Wonder's own proxy. As printed: 2,978,797. Filing ↗machine: r10 · c41 · span 765983–765992