MBIA INC — Director's Dealing 2026

Jan 5, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MBIA INC (MBI)
CIK: 0000814585
Period of Report: 2025-12-31

Reporting Person: Fallon William C (Director, CEO & President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-12-31	Common Stock	A	14220	$7.16	Acquired	2651736	Direct

Footnotes

F1: All of the additional shares (for the target performance and the shares for the dividend value) will be added to the original performance shares granted to each NEO on 3/3/23. The new total number of shares will vest 1/3 on the 3rd anniversary of the original grant (3/3/26), 1/3 on the 4th anniversary (3/3/27) and the final 1/3 on the 5th anniversary (3/3/28) of the original grant.