Form 4: MBIA AVP Sells Shares for Tax Liability

MBIA Assistant Vice President Daniel M. Avitabile disposed of 8,668 common shares to cover tax obligations related to restricted stock vesting.

Summary

• Daniel M. Avitabile, Assistant Vice President at MBIA INC., reported a disposition of 8,668 shares of common stock.
• The transaction occurred on March 4, 2026, at a price of $6.88 per share.
• The shares were surrendered to the issuer for the payment of tax liability upon the vesting of restricted stock.
• Following this transaction, Daniel M. Avitabile beneficially owns 650,527 shares of common stock directly, with the balance reflecting an adjustment for retirement plan shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a standard tax-related disposition of shares following restricted stock vesting, rather than a discretionary sale or purchase.

Industry Context

StockSavvy.ai notes that this is a routine insider transaction common across all industries when restricted stock vests. It does not indicate a change in the company's fundamental outlook or the insider's long-term confidence, but rather a standard tax planning event.

Stakeholder Impact

• Shareholders: This routine tax-related transaction is unlikely to have a significant direct impact on shareholders, as it does not reflect a change in the company's operational or financial performance.

Key Dates

Keywords

MBIA INC, MBI, Form 4, Insider Transaction, Stock Disposition, Tax Liability, Restricted Stock, Vesting