Form 4: MBIA Inc. Executive Christopher H. Young Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Christopher H. Young, Assistant Vice President of MBIA Inc., disposed of shares to cover tax liabilities upon vesting of restricted stock.
Summary
- On March 3, 2025, Christopher H. Young, an Assistant Vice President at MBIA Inc., reported a transaction involving the disposal of 164,417 shares of common stock.
- The shares were surrendered to the issuer, MBIA Inc., for payment of tax liability upon the vesting of restricted stock.
- The price per share was $5.53.
- Following the transaction, Young directly owns 497,749 shares of MBIA Inc. common stock, adjusted for retirement plan shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership, but it is primarily a routine matter related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of transaction: Disposal of shares for tax liability. |
| 03/04/2025 | Date of signature by Attorney-in-Fact. |
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