Konstantakopoulos Holds 37.5% of Costamare, 48M Shares

TL;DR

**Insider Christos Konstantakopoulos still owns 37.5% of Costamare, a huge stake.**

AI Summary

Christos Konstantakopoulos, a Greek citizen, filed an Amendment No. 11 to his Schedule 13G for Costamare Inc. on January 11, 2024, indicating his beneficial ownership of 48,000,000 shares of Common Stock as of December 31, 2023. This represents a significant 37.5% stake in the company, giving him substantial influence over its strategic decisions. This matters to investors because such a large insider holding can signal confidence in the company's future, but also means a single individual has considerable control.

Why It Matters

This filing shows a major insider, Christos Konstantakopoulos, maintains a substantial ownership stake, which can influence company direction and investor confidence. His continued large holding suggests a long-term commitment to Costamare Inc.'s success.

Risk Assessment

Risk Level: medium — While a large insider stake can signal confidence, it also concentrates control, potentially limiting influence for other shareholders.

Analyst Insight

Investors should note the continued high insider ownership by Christos Konstantakopoulos, which suggests stability but also concentrated control. This filing is an update, not a change in ownership, so it primarily confirms the existing power structure. Monitor future filings for any changes in this significant stake.

Key Numbers

• 48,000,000 — Shares Beneficially Owned (Represents the total number of Common Stock shares Christos Konstantakopoulos holds in Costamare Inc.)
• 37.5% — Percentage of Class Owned (Indicates the significant control Christos Konstantakopoulos has over Costamare Inc.)
• December 31, 2023 — Reporting Date (The specific date for which the ownership information is reported in the filing.)

Key Players & Entities

• Christos Konstantakopoulos (person) — Reporting Person, beneficial owner of Costamare Inc. shares
• Costamare Inc. (company) — Subject Company, issuer of the securities
• Greece (company) — Citizenship of Christos Konstantakopoulos
• 48,000,000 (dollar_amount) — Number of shares beneficially owned by Christos Konstantakopoulos
• 37.5% (dollar_amount) — Percentage of class beneficially owned by Christos Konstantakopoulos
• December 31, 2023 (date) — Date of event requiring the filing
• January 11, 2024 (date) — Filing date of the SC 13G/A

Forward-Looking Statements

• Christos Konstantakopoulos will likely maintain a significant ownership stake in Costamare Inc. for the foreseeable future. (Christos Konstantakopoulos) — high confidence, target: 2025-12-31
• The high insider ownership will continue to provide stability in the company's strategic direction. (Costamare Inc.) — medium confidence, target: 2024-12-31

FAQ

Key Financial Figures

• $0.0001 — e Inc. (Name of Issuer) Common Stock, $0.0001 Par Value (Title of Class of Securitie

Filing Documents

• sc13g-a.htm (SC 13G/A) — 47KB
• 0000950157-24-000041.txt ( ) — 48KB

From the Filing

SC 13G/A 1 sc13g-a.htm AMENDMENT NO. 11 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 11)* Costamare Inc. (Name of Issuer) Common Stock, $0.0001 Par Value (Title of Class of Securities) Y1771G102 (CUSIP Number) December 31, 2023 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. Y1771G102 13G 1 NAMES OF REPORTING PERSONS Christos Konstantakopoulos 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Greece NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 19,801,588 6 SHARED VOTING POWER 7 SOLE DISPOSITIVE POWER 19,801,588 8 SHARED DISPOSITIVE POWER 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 19,801,588 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) NOT APPLICABLE 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 16.7% 1 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN 1 The percent ownership is calculated based upon an aggregate of 118,374,623 shares outstanding. Item 1. (a) Name of Issuer: Costamare Inc. (b) Address of Issuer's Principal Executive Offices: 7 rue du Gabian MC98000 Monaco Item 2. (a) Name of Persons Filing: Christos Konstantakopoulos (b) Address of Principal Business Office or, if none, Residence for each of the reporting persons: The principal business office of the person named in Item 2(a) above is: c/o Costamare Shipping Company S.A. 60 Zephyrou Street & Syngrou Avenue 17564 Athens, Greece (c) Citizenship: Christos Konstantakopoulos is a citizen of Greece. (d) Title of Class of Securities: Common Stock, par value $0.0001 per share (e) CUSIP Number: Y1771G102 Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: NOT APPLICABLE Item 4. The information in Item 1 and Items 5 through 11 on the cover pages of this Schedule 13G is incorporated herein by reference. Item 5. NOT APPLICABLE Item 6. NOT APPLICABLE Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. NOT APPLICABLE Item 8. Identification and Classification of Members of the Group. NOT APPLICABLE Item 9. Notice of Dissolution of Group. NOT APPLICABLE Item 10. Certification s. NOT APPLICABLE SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: January 11, 2024 By: /s/ Christos Konstantakopoulos Name: Christos Konstantakopoulos

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View this SC 13G/A filing on SEC EDGAR