Costamare (NYSE: CMRE) CEO reports 74,800-share quarterly entity distribution
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Costamare Inc. Chairman and CEO Konstantinos Konstantakopoulos reported updated holdings of common stock. The filing shows a quarterly share distribution of 74,800 common shares at $0.00 per share, classified as an "other acquisition or disposition" and linked to an Amended and Restated Services Agreement dated May 6, 2025 with Costamare Shipping Services Ltd., an entity of which he owns 50%.
Following this restructuring-related transaction, that entity held 3,799,032 common shares indirectly attributable to him. The filing also records 13,973,469 common shares held directly, plus additional indirect holdings of 14,930,002, 2,305,693, and 4,232 shares through entities owned by him. No open-market purchases or sales are disclosed in this report.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Konstantakopoulos Konstantinos
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock, par value $0.0001 per share | 74,800 | $0.00 | -- |
| holding | Common Stock, par value $0.0001 per share | -- | -- | -- |
| holding | Common Stock, par value $0.0001 per share | -- | -- | -- |
| holding | Common Stock, par value $0.0001 per share | -- | -- | -- |
| holding | Common Stock, par value $0.0001 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 3,799,032 shares (Indirect, See Footnote);
Common Stock, par value $0.0001 per share — 13,973,469 shares (Direct, null)
Footnotes (1)
- Quarterly share distribution pursuant to the Amended and Restated Services Agreement dated May 6, 2025 to Costamare Shipping Services Ltd., of which the reporting person is a 50% owner. The reported shares are owned directly by Costamare Shipping Company S.A., an entity owned by the reporting person. The reported shares are owned directly by Longshaw Maritime Investments S.A., an entity owned by the reporting person. The reported shares are owned directly by Kent Maritime Investments S.A., an entity owned by the reporting person.
Key Figures
Quarterly distribution: 74,800 shares
Indirect holding after distribution: 3,799,032 shares
Direct holdings: 13,973,469 shares
+3 more
6 metrics
Quarterly distribution
74,800 shares
Common stock transferred at $0.00 per share under services agreement
Indirect holding after distribution
3,799,032 shares
Indirectly held via Costamare Shipping Services Ltd. as of June 30, 2026
Direct holdings
13,973,469 shares
Common stock held directly by the CEO as of June 30, 2026
Indirect holdings via Costamare Shipping Company S.A.
14,930,002 shares
Owned by Costamare Shipping Company S.A., an entity owned by the reporting person
Indirect holdings via Longshaw Maritime
2,305,693 shares
Owned by Longshaw Maritime Investments S.A., an entity owned by the reporting person
Indirect holdings via Kent Maritime
4,232 shares
Owned by Kent Maritime Investments S.A., an entity owned by the reporting person
Key Terms
other acquisition or disposition, Amended and Restated Services Agreement, quarterly share distribution, indirect ownership, +1 more
5 terms
other acquisition or disposition financial
"The 74,800-share movement is coded as an "other acquisition or disposition" transaction."
Amended and Restated Services Agreement financial
"The quarterly share distribution is made under an Amended and Restated Services Agreement dated May 6, 2025."
indirect ownership financial
"Several positions are reported as indirect ownership through entities controlled by the reporting person."
Form 4 financial
"The Form 4 filing updates the CEO’s direct and indirect common stock holdings."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What does the Costamare (CMRE) latest Form 4 report for its CEO?
The Form 4 reports updated shareholdings for Chairman and CEO Konstantinos Konstantakopoulos. It records a quarterly 74,800-share distribution under a services agreement and details large direct and indirect holdings across several entities controlled by him, without showing any open-market buys or sells.
What indirect Costamare (CMRE) holdings are reported for the CEO?
The Form 4 lists multiple indirect positions: 14,930,002 shares, 2,305,693 shares, 4,232 shares, and 3,799,032 shares in Costamare common stock. These are owned through entities including Costamare Shipping Company S.A., Longshaw Maritime Investments S.A., Kent Maritime Investments S.A., and Costamare Shipping Services Ltd.
Was the Costamare (CMRE) CEO transaction a market buy or sell?
No market buy or sell is reported. The 74,800-share movement is coded "J" as an other acquisition or disposition and described as a quarterly share distribution under a services agreement, indicating a restructuring or compensation-related transfer rather than an open-market trade.