Costamare (CMRE) CEO Konstantakopoulos Gifts 1.1M Shares

What Happened Konstantakopoulos Konstantinos, Chairman and CEO (also a director) of Costamare Inc. (CMRE), reported a gift disposition of 1,100,000 common shares on September 15, 2026. The shares were transferred as a gift (transaction code G) at $0.00 per share, resulting in $0 total cash proceeds reported on the Form 4 filed September 16, 2026. This was a non‑sale disposition (a gift), which does not reflect a market sale for cash.

Key Details

• Transaction date: 2026-09-15; Form 4 filed: 2026-09-16 (filed the next day).
• Transaction type/code: Gift (G); Price reported: $0.00; Reported value: $0.
• Shares transferred: 1,100,000 shares disposed.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: Reported shares are owned directly by entities associated with the reporting person:
  • Costamare Shipping Services Ltd. (50% owned by reporting person) [F1]
  • Costamare Shipping Company S.A. [F2]
  • Longshaw Maritime Investments S.A. [F3]
  • Kent Maritime Investments S.A. [F4]
• Timeliness: Filing appears timely (filed one business day after the reported transaction).

Context Gifts are transfers without cash consideration and do not necessarily indicate the insider’s view on the company’s prospects; they can reflect personal, tax, or estate planning or charitable giving. For retail investors, purchases by insiders generally convey more direct bullish signals than gifts or other dispositions. This filing documents the transfer of ownership from the insider (via entities he controls) but provides no information on the recipient(s) or subsequent market activity.