Form 4: MBIA Inc. Executive Adam T. Bergonzi Reports Stock Transactions

Assistant Vice President Adam T. Bergonzi of MBIA Inc. reports the acquisition and disposal of common stock related to vesting of restricted stock.

Summary

• On March 4, 2025, Adam T. Bergonzi, an Assistant Vice President at MBIA Inc., reported transactions involving the company's common stock.
• Bergonzi surrendered 16,997 shares to cover tax liabilities upon the vesting of restricted stock at a price of $5.49 per share.
• He also acquired 136,612 shares of common stock at $5.49 per share.
• Following these transactions, Bergonzi beneficially owns 843,484 shares of MBIA Inc.
• The acquired shares are time-based and will vest in equal installments over three years, contingent upon continued employment.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey strong positive or negative sentiment, focusing on factual reporting.

Future Outlook

The time-based shares 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).

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect broader industry trends but offers insight into the individual executive's holdings and transactions within MBIA Inc.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in beneficial ownership, but the overall effect is likely minimal.

Key Dates