William C. Fallon - 29 Dec 2023 Form 4 Insider Report for MBIA INC (MBI)

Role
CEO & President, Director
Signature
/s/ William J. Rizzo, Attorney-in-fact
Issuer symbol
MBI
Transactions as of
29 Dec 2023
Transactions value $
$129,046
Form type
4
Filing time
03 Jan 2024, 16:46:34 UTC
Previous filing
28 Dec 2023
Next filing
22 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBI Common Stock Award $129K +21.1K +0.74% $6.12 2.86M 29 Dec 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Additional shares added to the original performance shares granted on 3/4/21. The new total number of shares will vest 1/3 on the 3rd anniversary of the original grant (3/4/24), 1/3 on the 4th anniversary of the original grant (3/4/25) and the final 1/3 on the 5th anniversary of the original grant (3/4/26).