MBIA Inc. Files 8-K for Security Holder Vote

TL;DR

MBIA Inc. is calling for a shareholder vote on May 7, 2024. Details to follow.

AI Summary

On May 7, 2024, MBIA Inc. filed an 8-K report to announce the submission of matters to a vote of its security holders. The filing does not specify the exact nature of the matters to be voted on or the date of the shareholder meeting.

Why It Matters

This filing indicates that MBIA Inc. is seeking shareholder approval for certain corporate actions, which could impact the company's future direction and shareholder rights.

Risk Assessment

Risk Level: low — The filing is procedural and does not disclose any immediate financial risks or significant operational changes.

Key Players & Entities

• MBIA Inc. (company) — Registrant
• May 07, 2024 (date) — Date of earliest event reported

FAQ

Filing Documents

• mbi-20240507.htm (8-K) — 59KB
• 0000950170-24-054508.txt ( ) — 170KB
• mbi-20240507.xsd (EX-101.SCH) — 24KB
• mbi-20240507_htm.xml (XML) — 5KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. The Annual Meeting of Shareholders of the Company was held on May 2, 2024 (the "Annual Meeting"). The matters that were voted upon at the Annual Meeting, the number of votes cast for or against each matter (and percent of shares voted), and the number of abstentions and broker non-votes as to each such matter, where applicable, are set forth below. Proposal 1: Election of Directors. The shareholders elected the Company's nominees to the Board of Directors. The voting results were as follows: Nominees: For (% of shares voted) Against (% of shares voted) Abstain Broker Non-Votes Diane L. Dewbrey 30,905,337 (94.98%) 1,632,815 (5.01%) 31,836 9,401,390 William C. Fallon 31,726,096 (97.50%) 812,068 (2.49%) 31,824 9,401,390 Steven J. Gilbert 29,951,696 (92.05%) 2,586,471 (7.94%) 31,821 9,401,390 Janice L. Innis-Thompson 31,678,664 (97.35%) 859,507 (2.64%) 31,817 9,401,390 Theodore Shasta 30,915,063 (95.01%) 1,623,105 (4.98%) 31,820 9,401,390 Richard C. Vaughan 30,915,005 (95.01%) 1,623,126 (4.98%) 31,857 9,401,390 Proposal 2: Approval of Compensation Paid to Named Executive Officers. The shareholders voted to approve the compensation of the Company's named executive officers listed in the proxy statement for the Annual Meeting. The shareholder vote is advisory and non-binding. The voting results were as follows: For (% of shares voted) Against (% of shares voted) Abstained Broker Non-Votes 26,130,153 (80.66%) 6,263,619 (19.33%) 176,216 9,401,390 Proposal 3: Ratification of Appointment of Independent Registered Public Accounting Firm. The shareholders ratified the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2024. The voting results were as follows: For (% of shares voted) Against (% of shares voted) Abstained Broker Non-Votes 40,6

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MBIA INC. Date: May 7, 2024 By: /s/ William J. Rizzo William J. Rizzo Co-General Counsel

View Full Filing

View this 8-K filing on SEC EDGAR