{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-006671","form_type":"8-K","ticker":"MBI","cik":"0000814585","company_name":"MBIA INC","filed_at":"2024-01-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.993415+00:00","generated_at":"2026-06-07T00:45:11.433028+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"MBIA provides tax treatment for $8/share extraordinary dividend as return of capital","bullets":["Extraordinary cash dividend of $8.00 per share paid on Dec 22, 2023 to holders of record Dec 18, 2023.","IRS Form 8937 indicates dividend treated as tax-free return of capital up to investor's adjusted cost basis.","If cost basis reduced to zero, remaining portion taxed as capital gains.","MBIA estimated current and accumulated E&P deficit as of Dec 31, 2023, leading to non-taxable treatment.","Shareholders advised to consult tax professionals; form may be updated after FY 2023 results (tentatively Feb 28, 2024)."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-006671","json":"https://secwatch.observer/filing/0001193125-24-006671.json","markdown":"https://secwatch.observer/filing/0001193125-24-006671.md","text":"https://secwatch.observer/filing/0001193125-24-006671.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/814585/000119312524006671/0001193125-24-006671-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/814585/000119312524006671/d720650d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T00:45:11.433028+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}