Joseph R. Schachinger - 04 Mar 2024 Form 4 Insider Report for MBIA INC (MBI)

Role
Controller
Signature
/s/ William J. Rizzo, Attorney-in-Fact
Issuer symbol
MBI
Transactions as of
04 Mar 2024
Transactions value $
$124,016
Form type
4
Filing time
06 Mar 2024, 16:38:37 UTC
Previous filing
04 Mar 2024
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBI Common Stock Award $150K +23.2K +15.71% $6.47 171K 04 Mar 2024 Direct F1, F2
transaction MBI Common Stock Tax liability -$26K -3.95K -2.31% $6.58 167K 05 Mar 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.