X0306 4 2018-11-08 0 0000814585 MBIA INC MBI 0001717555 Young Christopher H. C/O MBIA INC. 1 MANHATTANVILLE ROAD PURCHASE NY 10577 0 1 0 0 Assistant Vice President Common Stock 2018-11-08 4 A 0 333333 0 A 431871 D Restricted stock granted pursuant to long-term incentive award under the MBIA Inc. 2005 Omnibus Incentive Plan, as amended. The restricted stock will cliff vest on March 3, 2025 provided Mr. Young remains continuously employed through such date. Balance reflects adjustment for retirement plan shares. /s/ Jonathan C. Harris, Attorney-in-fact 2018-11-13