Welcome to our dedicated page for MBIA SEC filings (Ticker: MBI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
MBIA Inc. filings document the reporting of a financial guarantee insurance holding company and its subsidiaries in public finance and structured finance markets. Current Reports on Form 8-K furnish operating and financial results, Regulation FD materials, quarterly operating supplements, statutory statements for MBIA Insurance Corporation and National Public Finance Guarantee Corporation, and insured-portfolio information.
Proxy materials cover annual meeting governance, executive compensation, and shareholder voting matters. Other material-event filings describe capital-structure matters, material agreements, and portfolio exposure actions, including disclosures related to National's PREPA bankruptcy-claim remediation activity.
MBIA Inc. Assistant Vice President Daniel M. Avitabile reported a Form 4 transaction involving company common stock. On March 4, 2026, he disposed of 8,668 shares at $6.88 per share through a tax-withholding disposition, where shares were surrendered to MBIA to cover tax liabilities upon the vesting of restricted stock. After this transaction and an adjustment for retirement plan shares, he directly held 650,527 common shares.
MBIA Inc reported that CEO and President William C. Fallon received a grant of 242,308 shares of common stock at $6.50 per share. These time-based shares 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 the vesting of restricted stock, 27,726 shares were surrendered to the company at $6.50 per share. After these transactions and an adjustment for retirement plan shares, Fallon directly holds 2,866,318 common shares.
MBIA Inc. CEO and President William C. Fallon reported equity compensation and related tax withholding transactions in company stock. He received a grant of 242,038 shares of common stock at $6.50 per share as a time-based award that will vest in three equal installments on the third, fourth and fifth anniversaries of the grant date, subject to continued employment and certain exceptions. To satisfy tax liabilities upon vesting of restricted stock, 27,726 shares were surrendered to the company at $6.50 per share. After these transactions, he directly holds 2,866,318 shares of MBIA common stock.
MBIA Inc. assistant vice president Adam T. Bergonzi reported a stock-based compensation grant and related tax share surrender. He acquired 115,385 shares of common stock at $6.50 per share as a grant, with time-based shares vesting in equal installments on the third, fourth, and fifth anniversaries of the grant date, subject to continued employment. He simultaneously disposed of 9,098 shares at $6.50 per share to cover tax withholding upon vesting of restricted stock. Following these transactions, his directly held common stock position was 956,542 shares, including an adjustment for retirement plan shares.
MBIA Inc. executive Joseph R. Schachinger, EVP, CFO and Treasurer, reported equity compensation activity involving the company’s common stock. He received a grant of 50,000 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. In a related tax-withholding transaction, 2,800 shares were surrendered to MBIA to cover tax liabilities upon vesting of restricted stock, leaving him with 250,457 directly owned shares after these transactions.
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.
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.
MBIA Inc. reported a consolidated GAAP net loss of $177 million, or $(3.58) per diluted share, for 2025, a substantial improvement from a $447 million loss, or $(9.43) per share, in 2024. The turnaround was driven mainly by better loss and loss adjustment expense experience at National Public Finance Guarantee Corporation related to its Puerto Rico Electric Power Authority exposure.
On a non-GAAP basis, MBIA generated Adjusted Net Income of $23 million, or $0.46 per diluted share, in 2025 versus an Adjusted Net Loss of $184 million in 2024. For the fourth quarter of 2025, MBIA’s GAAP net loss was $51 million and Adjusted Net Loss was $12 million.
As of December 31, 2025, MBIA’s liquidity was $357 million. National had statutory capital of $0.9 billion, claims-paying resources of $1.4 billion, and gross par outstanding of $22.3 billion, with insured leverage reduced to 24-to-1. MBIA Insurance Corporation reported statutory capital of $79 million and claims-paying resources of $317 million.
MBIA Inc. files its annual report describing a business in runoff, focused on managing legacy financial guarantee insurance rather than writing new policies. Its main U.S. public finance unit, National, oversees $22.3 billion of insured gross par with an average life of eight years, while MBIA Corp. manages $2.1 billion of international and structured finance exposure.
The company’s priorities are maintaining holding-company liquidity, mitigating credit losses, and maximizing recoveries on paid claims. MBIA relies heavily on dividends from National and had $705 million of unsecured debt outstanding as of December 31, 2025, alongside share repurchase authorization of $100 million, of which $71 million remained.
Key risk centers on stressed municipal borrowers, especially Puerto Rico’s electric utility PREPA, where National had $565 million of debt service outstanding and paid $116 million of gross claims in 2025 and early 2026. The report details extensive risk management, regulatory capital and dividend constraints, climate and social policies, and notes MBIA operates with 57 employees at its New York headquarters.
MBIA Inc. received a significant ownership disclosure from Wolf Hill investment entities. Wolf Hill Capital Management LP, its affiliated fund and general partner, and Gary Lehrman jointly report beneficial ownership of 2,560,708 shares of MBIA common stock, representing 5.1% of the class, with shared voting and dispositive power.
Within this group, Wolf Hill General Partner, LLC reports 2,221,972 shares, or 4.4% of the outstanding common stock. The reporting parties certify that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of MBIA.