Theodore Shasta Biography and Net Worth

Director of MBIA

Mr. Shasta was elected to the Board of Directors in August 2009. Mr. Shasta is a former Senior Vice President and Partner of Wellington Management Company, a global investment advisor. At Wellington Management Company, Mr. Shasta specialized in the financial analysis of publicly traded insurance companies, including both property-casualty and financial guarantee insurers. Mr. Shasta joined Wellington Management Company in March 1996 as a global industry analyst responsible for the insurance industry. In January 2008, Mr. Shasta became a portfolio advisor responsible for senior-level relationship management for existing institutional clients and consultants as well as development of new business, a position that he held until June 2009. In addition, effective January 1999, Mr. Shasta was elected Partner and was promoted to Senior Vice President, and served in such positions until he withdrew from the partnership in June 2009. He also served on Wellington Management’s Audit Committee from January 2004 to June 2009 and was Chair of that Committee from January 2008 until June 2009. Prior to joining Wellington Management Company, Mr. Shasta was a Senior Vice President with Loomis, Sayles & Company where he was an industry analyst responsible for the automotive, freight transportation and insurance industries. Before that, he served in various capacities with Dewey Square Investors and Bank of Boston. Mr. Shasta earned his Chartered Financial Analyst designation in 1986. Mr. Shasta is a member of the Board of Directors of Chubb Limited (formerly ACE Limited) and serves as a member of its Audit Committee.

What is Theodore Shasta's net worth?: The estimated net worth of Theodore Shasta is at least $468.83 thousand as of January 2nd, 2025. Mr. Shasta owns 61,794 shares of MBIA stock worth more than $468,831 as of December 5th. This net worth evaluation does not reflect any other assets that Mr. Shasta may own. Learn More about Theodore Shasta's net worth.
How do I contact Theodore Shasta?: The corporate mailing address for Mr. Shasta and other MBIA executives is 1 MANHATTANVILLE ROAD SUITE 301, PURCHASE NY, 10577. MBIA can also be reached via phone at (914) 273-4545 and via email at [email protected]. Learn More on Theodore Shasta's contact information.
Has Theodore Shasta been buying or selling shares of MBIA?: Theodore Shasta has not been actively trading shares of MBIA over the course of the past ninety days. Most recently, Theodore Shasta sold 9,570 shares of the business's stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $6.74, for a transaction totalling $64,501.80. Following the completion of the sale, the director now directly owns 61,794 shares of the company's stock, valued at $416,491.56. Learn More on Theodore Shasta's trading history.
Who are MBIA's active insiders?: MBIA's insider roster includes Theodore Shasta (Director), and Richard Vaughan (Director). Learn More on MBIA's active insiders.
Are insiders buying or selling shares of MBIA?: In the last year, insiders at the insurance provider sold shares 2 times. They sold a total of 20,831 shares worth more than $133,531.73. The most recent insider tranaction occured on January, 2nd when Director Theodore Shasta sold 9,570 shares worth more than $64,501.80. Insiders at MBIA own 12.6% of the company. Learn More about insider trades at MBIA.
Information on this page was last updated on 1/2/2025.

Theodore Shasta Insider Trading History at MBIA

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
1/2/2025	Sell	9,570	$6.74	$64,501.80	61,794
12/30/2024	Sell	11,261	$6.13	$69,029.93	71,364
6/13/2024	Sell	21,405	$5.52	$118,155.60	82,625
6/1/2021	Sell	5,703	$10.05	$57,315.15
5/28/2021	Sell	20,696	$10.00	$206,960.00
5/22/2020	Sell	18,689	$6.99	$130,636.11
8/27/2019	Sell	29,809	$9.12	$271,858.08	93,532
3/5/2019	Sell	12,121	$10.66	$129,209.86	107,016

Theodore Shasta Buying and Selling Activity at MBIA

MBIA Company Overview

MBIA Inc. provides financial guarantee insurance services to public finance markets in the United States. It operates United States (U.S.) Public Finance Insurance, and International and Structured Finance Insurance segments. The company issues financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness of the U.S. political subdivisions, as well as utility districts, airports, health care institutions, higher educational facilities, housing authorities, and other similar agencies and obligations issued by private entities. It also insures the non-U.S. public finance and global structured finance, including asset-backed obligations; and sovereign-related and sub-sovereign bonds, and privately issued bonds used for the financing for utilities, toll roads, bridges, public transportation facilities, and other types of infrastructure projects, as well as offers third-party reinsurance services. MBIA Inc. was founded in 1973 and is headquartered in Purchase, New York.

Today's Range

Now: $7.59

$7.56

$7.81

50 Day Range

MA: $7.21

$6.61

$7.71

2 Week Range

Now: $7.59

$3.86

$8.26

Volume

204,113 shs

Average Volume

296,792 shs

Market Capitalization

$383.07 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.89