William C. Fallon - Mar 4, 2024 Form 4 Insider Report for MBIA INC (MBI)

Role
CEO & President, Director
Signature
/s/ William J. Rizzo, Attorney-in-Fact
Stock symbol
MBI
Transactions as of
Mar 4, 2024
Transactions value $
$1,367,228
Form type
4
Date filed
3/6/2024, 04:12 PM
Previous filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBI Common Stock Award $1.57M +243K +8.66% $6.47 3.05M Mar 4, 2024 Direct F1, F2
transaction MBI Common Stock Tax liability -$208K -31.6K -1.03% $6.58 3.02M Mar 5, 2024 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Time based shares that will vest in equal installments on the third, fourth and fifth anniversary of the grant date, subject to the NEO's continued employment on the vesting date (subject to certain exceptions).
F2 Balance reflects adjustment for retirement plan shares.
F3 Represents Shares surrendered to Issuer for payment of tax liability upon vesting of restricted stock.