Konstantakopoulos Konstantinos 4

What Happened
Konstantakopoulos Konstantinos, Chairman, CEO and a director of Costamare Inc. (CMRE), was reported to have acquired 74,800 shares on 2026-06-30. The transaction is coded as an "other acquisition or disposition" (J) and no purchase price or total value is provided on the Form 4. The filing’s footnote indicates the shares were part of a quarterly share distribution under an Amended and Restated Services Agreement and were allocated to an entity related to the reporting person, not bought on the open market.

Key Details

• Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (filed two days after the transaction, appearing timely under Section 16 rules).
• Shares acquired: 74,800; price: N/A; total value: not stated.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes:
  • F1: Quarterly share distribution pursuant to the Amended and Restated Services Agreement (May 6, 2025) to Costamare Shipping Services Ltd., of which the reporting person is a 50% owner.
  • F2–F4: The reported shares are owned directly by entities owned by the reporting person (Costamare Shipping Company S.A., Longshaw Maritime Investments S.A., Kent Maritime Investments S.A.).
• Transaction code J indicates an "other" acquisition/disposition (here, a contractual distribution), not an open-market purchase.

Context
This was a contractual share distribution to service-related entities affiliated with the CEO rather than a market purchase; such distributions are typically part of contractual compensation or revenue-sharing arrangements and do not necessarily reflect a new personal cash investment or a direct market sentiment signal. For retail investors, purchases reported as open-market buys can be more indicative of direct insider conviction; distributions to related entities are important to track for ownership changes but should be interpreted with that context in mind.