Costamare Inc.·4

Mar 30, 5:31 PM ET

Konstantakopoulos Konstantinos 4

Research Summary

AI-generated summary

Updated

Costamare (CMRE) CEO Konstantakopoulos Receives 74,800 Shares

What Happened

  • Konstantakopoulos Konstantinos, Chairman & CEO and a director of Costamare Inc. (CMRE), was reported to have received 74,800 shares on 2026-03-30. The transaction is coded as an "other acquisition or disposition" (code J) and lists the price as N/A — this was a share distribution rather than an open-market purchase.

Key Details

  • Transaction date: 2026-03-30; Transaction code: J (other acquisition/disposition).
  • Shares involved: 74,800 shares received; price per share and total dollar value: reported as N/A.
  • Filing timeliness: Report filed 2026-03-30 for the period ending 2026-03-30 (filed same day).
  • Footnotes of note:
    • F1: This was a quarterly share distribution under the Amended and Restated Services Agreement dated May 6, 2025 to Costamare Shipping Services Ltd., of which the reporting person is a 50% owner.
    • F2–F4: The reported shares are held directly by entities owned by the reporting person: Costamare Shipping Company S.A. (F2), Longshaw Maritime Investments S.A. (F3), and Kent Maritime Investments S.A. (F4).
  • Shares owned after transaction: Not specified in the filing.

Context

  • This was a distribution tied to a services agreement and not an open-market buy or sale; such distributions often reflect contract terms (e.g., compensation or profit-sharing) rather than a direct expression of personal trading sentiment. The report indicates the shares are held by entities controlled by the insider, rather than being held directly in his name.