MBIA (NYSE: MBI) AVP granted 80,769 shares, surrenders 6,061 for taxes

Rhea-AI Filing Summary

MBIA Inc. Assistant Vice President Daniel M. Avitabile received a grant of 80,769 shares of common stock at $6.50 per share as a time-based equity award. The shares vest in equal installments on the third, fourth and fifth anniversaries of the grant date, subject to continued employment. On the same date, 6,061 shares were surrendered to MBIA to cover tax withholding upon vesting of restricted stock, leaving Avitabile with 659,195 directly owned shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Avitabile Daniel M.

Role Assistant Vice President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	80,769	$6.50	$525K
Tax Withholding	Common Stock	6,061	$6.50	$39K

Holdings After Transaction: Common Stock — 665,256 shares (Direct)

Footnotes (1)

1. 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). Balance reflects adjustment for retirement plan shares. Represents Shares surrendered to Issuer for payment of tax liability upon vesting of restricted stock.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Avitabile Daniel M.

(Last) (First) (Middle)

C/O MBIA INC.

1 MANHATTANVILLE ROAD, SUITE 202

(Street)

PURCHASE NY 10577

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MBIA INC [ MBI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Assistant Vice President

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/03/2026		A		80,769(1)	A	$6.5	665,256(2)	D
Common Stock	03/03/2026		F		6,061(3)	D	$6.5	659,195(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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).

2. Balance reflects adjustment for retirement plan shares.

3. Represents Shares surrendered to Issuer for payment of tax liability upon vesting of restricted stock.

	/s/ William J. Rizzo, Attorney-in-Fact	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did MBIA (MBI) report for Daniel M. Avitabile?

MBIA reported that Daniel M. Avitabile received a grant of 80,769 common shares and surrendered 6,061 shares for tax withholding. Both transactions involved MBIA common stock at a reference price of $6.50 per share on the same date.

What type of equity award did Daniel M. Avitabile receive from MBIA (MBI)?

He received a time-based grant of 80,769 MBIA common shares at $6.50 per share. The award is structured to vest in equal installments on the third, fourth and fifth anniversaries of the grant date, contingent on his continued employment.

How many MBIA (MBI) shares were used to cover Daniel M. Avitabile’s tax liability?

A total of 6,061 MBIA common shares were surrendered to the company to satisfy tax withholding upon the vesting of restricted stock. This tax-withholding disposition is labeled with transaction code F in the insider report.

What is Daniel M. Avitabile’s MBIA (MBI) share ownership after these transactions?

Following the grant and the tax-withholding share surrender, Daniel M. Avitabile directly owns 659,195 MBIA common shares. This post-transaction balance reflects adjustments noted for retirement plan shares and the tax-related disposition.

How do the MBIA (MBI) equity award vesting terms work for Daniel M. Avitabile?

The 80,769 granted shares vest in three equal parts on the third, fourth and fifth anniversaries of the grant date. Vesting is conditioned on his continued employment on each vesting date, subject to certain stated exceptions in the award terms.