Fallon William C 4
4 · MBIA INC · Filed Mar 6, 2024
Insider Transaction Report
Form 4
MBIA INCMBI
Fallon William C
DirectorCEO & President
Transactions
- Award
Common Stock
2024-03-04$6.47/sh+243,431$1,574,999→ 3,053,645 total - Tax Payment
Common Stock
2024-03-05$6.58/sh−31,576$207,770→ 3,022,069 total
Footnotes (3)
- [F1]Time based shares that 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).
- [F2]Balance reflects adjustment for retirement plan shares.
- [F3]Represents Shares surrendered to Issuer for payment of tax liability upon vesting of restricted stock.