Adam T. Bergonzi - Feb 20, 2024 Form 4 Insider Report for MBIA INC (mbi)

Role
Assistant Vice President
Signature
/s/ William J. Rizzo, Attorney-in-Fact
Stock symbol
mbi
Transactions as of
Feb 20, 2024
Transactions value $
$72,297
Form type
4
Date filed
2/22/2024, 04:53 PM
Previous filing
Jan 3, 2024
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction mbi Common Stock Award $72.3K +10.7K +1.14% $6.77 944K Feb 20, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Additional new shares granted representing the dividend value attributable to the performance shares awarded on 12/31/23 over target due to the performance score of 118% for the March 2021 performance grant to the NEO's. These shares will vest on the same vesting cycle as the March '21 performance shares (1/3 in March 2024, 1/3 in March 2025 and the final 1/3 in March 2026).