MBIA assistant VP surrenders 8,668 shares for taxes
MBIA Inc. assistant vice president Christopher H. Young reported a tax-related share disposition.
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Rhea-AI Filing Summary
MBIA Inc. assistant vice president Christopher H. Young reported a tax-related share disposition. On the reported date, he surrendered 8,668 shares of Common Stock at $6.88 per share to MBIA Inc. to cover tax liability upon the vesting of restricted stock, as noted in a footnote.
After this tax-withholding disposition, Young directly held 651,544 shares of Common Stock. Another footnote explains that this balance also reflects an adjustment for retirement plan shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 8,668 | $6.88 | $60K |
Footnotes (2)
- F1. Represents Shares surrendered to Issuer for payment of tax liability upon vesting of restricted stock.
- F2. Balance reflects adjustment for retirement plan shares.
FAQ
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What insider transaction did MBIA (MBI) report for Christopher H. Young?
Was the MBIA (MBI) insider transaction an open-market sale or tax withholding?
What does transaction code F mean in the MBIA (MBI) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.