Form 4: MBIA Officer Sells Shares for Tax Liability

MBIA Assistant Vice President Adam T. Bergonzi disposed of 13,280 shares of common stock to cover tax liabilities related to restricted stock vesting.

Summary

• Adam T. Bergonzi, Assistant Vice President of MBIA Inc., reported a transaction involving the company's common stock.
• On March 4, 2026, 13,280 shares of common stock were disposed of to the issuer (MBIA Inc.).
• This disposition was for the payment of tax liability upon the vesting of restricted stock.
• The shares were valued at $6.88 per share for this transaction.
• Following this transaction, Bergonzi beneficially owns 943,262 shares of common stock directly.
• The reported balance also includes an adjustment for retirement plan shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, typical for executive compensation plans and tax obligations, with no direct positive or negative implications for the company's operational performance or future prospects.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as sales to cover tax liabilities upon restricted stock vesting, are common and generally do not indicate a change in management's outlook on the company's prospects or broader industry trends.

Related Party Transactions

• Disposition of 13,280 shares of common stock to MBIA Inc. by Assistant Vice President Adam T. Bergonzi to satisfy tax liabilities arising from restricted stock vesting.

Stakeholder Impact

• Shareholders: The transaction represents a minor, routine disposition of shares by an executive, which is unlikely to have a significant impact on the broader shareholder base or stock price.
• Employees: No direct impact on employees is indicated by this routine insider transaction.

Key Dates

Recommendation

This Form 4 reports a routine disposition of shares by an executive to cover tax liabilities upon restricted stock vesting. Such transactions are common and typically do not reflect a change in the company's fundamental value or future prospects, thus warranting a 'hold' recommendation based solely on this filing.

Keywords

MBIA, MBI, Form 4, insider transaction, stock sale, restricted stock, tax liability, Adam T. Bergonzi