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MBIA (NYSE: MBI) assistant VP gets 80,769-share stock grant

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MBIA Inc. assistant vice president Christopher H. Young reported equity compensation activity in company common stock. He received a grant of 80,769 time-based shares at $6.50 per share, which will vest in equal installments on the third, fourth, and fifth anniversaries of the grant date, subject to continued employment and certain exceptions. To cover tax liabilities upon vesting of restricted stock, 6,061 shares were surrendered back to MBIA. After these transactions, Young directly holds 660,212 common shares.

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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*
Young Christopher H.

(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 $6.5 666,273(2) D
Common Stock 03/03/2026 F 6,061(3) D $6.5 660,212(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 Christopher H. Young?

MBIA reported that assistant vice president Christopher H. Young received a grant of 80,769 time-based common shares at $6.50 and surrendered 6,061 shares to cover tax liabilities upon vesting of restricted stock, resulting in direct ownership of 660,212 shares.

How many MBIA (MBI) shares were granted to Christopher H. Young and at what price?

Christopher H. Young was granted 80,769 time-based MBIA common shares at $6.50 per share. These shares represent equity compensation and will vest over time, aligning his interests with long-term company performance and continued employment conditions.

What is the vesting schedule for Christopher H. Young’s new MBIA (MBI) stock grant?

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

Why did Christopher H. Young surrender 6,061 MBIA (MBI) shares?

Christopher H. Young surrendered 6,061 MBIA shares to the company to satisfy tax liabilities arising upon the vesting of restricted stock. This tax-withholding disposition is a common administrative mechanism rather than an open-market sale of shares.

How many MBIA (MBI) shares does Christopher H. Young own after these transactions?

Following the reported grant and tax-withholding surrender, Christopher H. Young directly holds 660,212 MBIA common shares. This balance reflects adjustments for retirement plan shares and the net impact of the equity award and related tax settlement.

What do the Form 4 transactions mean for MBIA (MBI) shareholders?

The Form 4 shows routine executive equity compensation at MBIA, with 80,769 time-based shares granted and some shares surrendered for taxes. It reflects standard alignment of management incentives with shareholders, rather than a discretionary market purchase or sale.
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