Form 4: MBIA Director Theodore Shasta Acquires Shares and Holds Restricted Stock
SEC Form 4
Director Theodore Shasta reports acquisition of MBIA Inc. shares and holding of restricted stock with vesting conditions.
Summary
- Theodore Shasta, a director of MBIA Inc., reported a transaction on May 13, 2025.
- Shasta acquired 23,095 shares of MBIA common stock at a price of $4.33 per share.
- Following the transaction, Shasta beneficially owns 84,889 shares.
- This includes 20,000 shares held via an Individual Retirement Account (IRA).
- The report also mentions restricted stock granted on May 13, 2025, vesting on May 13, 2026.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard regulatory filing. The director's purchase could be seen as slightly positive, but it's not a strong signal.
Positives
- Director's acquisition of shares may signal confidence in the company's future.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders.
Stakeholder Impact
- Shareholders may view the director's share acquisition positively.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction: acquisition of shares and grant of restricted stock |
| 05/13/2026 | Vesting date for restricted stock |
| 05/14/2025 | Date of report filing |
Keywords
MBIA, Director, Share Acquisition, Beneficial Ownership, Restricted Stock, Form 4
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