Welcome to our dedicated page for Costamare SEC filings (Ticker: CMRE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Costamare Inc. filings document a foreign private issuer that reports on Form 20-F and furnishes current reports on Form 6-K. The company’s regulatory record covers operating and financial results, annual audited financial statements, interim financial reports, and disclosures incorporated by reference into Form F-3 registration statements.
Costamare’s filings also describe its common and preferred equity dividend declarations, Series B, Series C, and Series D preferred stock, capital-structure matters, and shareholder-rights agreement terms. Recent reports document the completed spin-off of the dry bulk business as discontinued operations, continuing containership and lease-financing disclosures, and governance matters affecting ownership thresholds and board authority.
Costamare Inc. director Stratos Charlotte has filed an initial statement of beneficial ownership on Form 3. This filing establishes Charlotte’s status as a director and brings their position under the insider reporting rules for Costamare’s securities, but it does not report any transactions.
Costamare Inc. director Moller Vagn Lehd has filed an initial ownership report on a Form 3. The filing shows direct ownership of 9,245 shares of Costamare common stock. This is a holding entry only and does not reflect a new purchase or sale.
Costamare Inc. Chairman and CEO Konstantinos Konstantakopoulos has filed an initial ownership report showing significant holdings in the company. The filing lists direct ownership of 13,973,469 common shares, plus additional common and preferred shares held indirectly through entities he owns or partially owns, including Costamare Shipping Company S.A., Costamare Shipping Services Ltd., Longshaw Maritime Investments S.A., and Kent Maritime Investments S.A. The document records these positions as of the reporting date and does not reflect new market purchases or sales.
Costamare Inc. filed its Annual Report on Form 20-F for the year ended December 31, 2025 with the U.S. Securities and Exchange Commission and made it available on its website in the Investors section. Shareholders can also request a free hard copy, which includes the complete 2025 audited financial statements.
The company describes itself as a leading owner and provider of containerships for charter, with 52 years of operating history and a fleet of 79 containerships, including 10 under construction, totaling about 551,000 TEU of capacity. Its common and multiple preferred share classes trade on the New York Stock Exchange under the CMRE-related symbols.
Costamare Inc. files its annual 20-F, outlining extensive risks tied to the cyclical container shipping market, charter-rate volatility and customer concentration. Five major liner customers generated 75%, 76% and 74% of containership revenues in 2023, 2024 and 2025.
The company reports a fleet of 79 containerships on a fully delivered basis with an average age of 13.9 years and 10 newbuilds scheduled between 2027 and 2028. As of December 31, 2025, total debt was about $1.5 billion, backed by covenants and interest-rate and currency hedges.
Key themes include exposure to trade protectionism, geopolitical conflicts, tightening environmental and climate rules, cybersecurity, counterparty and refinancing risk, and the potential need for significant capital spending that could limit cash available for dividends.
Costamare Inc. reported strong 2025 results from its core containership business following the spin-off of its dry bulk operations on May 6, 2025, which are now shown as discontinued operations. Net Income from continuing operations available to common stockholders was $370.989 million, or $3.09 per share, while Adjusted Net Income from continuing operations was $375.616 million, or $3.12 per share. For the fourth quarter, Net Income from continuing operations available to common stockholders was $72.614 million and Adjusted Net Income from continuing operations was $71.794 million, both at $0.60 per share.
The containership fleet is largely locked in, with 96% and 92% fixed for 2026 and 2027, supporting contracted revenues of about $3.4 billion and a TEU-weighted charter duration of 4.5 years. Liquidity at year-end included $570.3 million of cash and cash equivalents and $19.3 million in U.S. Treasury Bills. Costamare also controls Neptune Maritime Leasing, having invested $182.2 million toward a $247.8 million commitment, with 54 shipping assets funded or committed, totaling more than $665.0 million in investments and commitments.
Costamare Inc. filed a Form 6-K as a foreign private issuer for November 2025. The filing furnishes a press release reporting results for the third quarter and nine‑month period ended September 30, 2025, along with a detailed financial report for the same periods.
The financial report in Exhibit 99.2 is incorporated by reference into Costamare’s existing Form F‑3 shelf registration statements filed on July 6, 2016 and March 29, 2024, allowing those registration statements to use the updated third‑quarter 2025 financial information.
Costamare Inc. amended its Shareholders Rights Agreement to lower the trigger for U.S. Persons: the Rights become exercisable if a U.S. Person acquires beneficial ownership of 5% or more of common stock, subject to specified exceptions. For non-U.S. Persons, the existing threshold remains unchanged.
The amendment includes grandfathering: any U.S. Person already at or above 5% as of the public announcement will not be deemed an Acquiring Person so long as they do not exceed their current percentage. The Board will also exempt existing U.S.-based passive investors eligible to file on Schedule 13G, provided they do not beneficially own 6.5% or more and remain eligible for 13G status.
The Board approved the change to protect stockholder value following China’s Ministry of Transport announcement on special port fees for U.S.-linked vessels and related guidance, and to strengthen the Company’s ability to respond to potential U.S. Person accumulations. The Company is monitoring developments and expects to rescind the amendment and reinstate prior terms if the Board determines the changes are no longer necessary.