Frangou Angeliki 4
4 · Navios Maritime Partners L.P. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Navios Maritime (NMM) CEO Angeliki Frangou Buys Shares
What Happened
Angeliki Frangou, CEO and Chairwoman of Navios Maritime Partners L.P. and a >10% owner, purchased a total of 3,511 common units in open-market transactions between July 1 and July 6, 2026 for an aggregate cost of approximately $256,384. The purchases were executed under a Rule 10b5-1 trading plan and represent purchases (a bullish signal rather than sales).
Key Details
- Transactions (weighted-average prices shown):
- July 1, 2026: 1,189 units @ $71.59 each = $85,115 (prices that day ranged $71.05–$72.07)
- July 2, 2026: 1,173 units @ $73.05 each = $85,690 (prices that day ranged $72.17–$73.95)
- July 6, 2026: 1,149 units @ $74.48 each = $85,579 (prices that day ranged $74.11–$74.77)
- Total: 3,511 units for ~$256,384
- Beneficial ownership after transactions (per filing): approximately 4,762,129 common units (includes large indirect holdings through affiliated entities) as of July 6, 2026. In addition, an affiliated entity (Olympos Maritime Ltd.) owns 622,296 general partnership units (~2.1% of total equity).
- These purchases were made pursuant to a Rule 10b5-1 plan between Raymar Investments S.A. (an entity affiliated with Ms. Frangou) and UBS Financial Services Inc., adopted December 9, 2025 (footnote). The filing notes multiple trades each day and lists daily price ranges; reported prices are weighted averages. The filer offers to provide full per-trade details to the SEC, issuer, or any security holder on request.
- Filing: Form 4 filed July 6, 2026. No late filing was indicated in the report.
Context
A Rule 10b5-1 plan allows insiders to execute pre-scheduled trades and can reduce the extent to which individual trades reflect current insider views. Because Ms. Frangou is both a senior executive (CEO & Chair) and a >10% owner, her trades combine executive and large-holder status; the 10b5-1 disclosure is relevant when interpreting these purchases.
Insider Transaction Report
Form 4
Frangou Angeliki
DirectorSee Remarks10% Owner
Transactions
- Purchase
Common Unit
[F1][F2][F3]2026-07-01$71.59/sh+1,189$85,115→ 4,759,807 total(indirect: See footnote) - Purchase
Common Unit
[F1][F2][F4]2026-07-02$73.05/sh+1,173$85,690→ 4,760,980 total(indirect: See footnote) - Purchase
Common Unit
[F1][F2][F5]2026-07-06$74.48/sh+1,149$85,579→ 4,762,129 total(indirect: See footnote)
Holdings
- 366,776
Common Unit
- 622,296(indirect: See footnote)
General Partnership Unit
[F6]
Footnotes (6)
- [F1]The transactions reported herein were made pursuant to a Rule 10b5-1 trading plan between Raymar Investments S.A., an entity affiliated with Ms. Frangou, and UBS Financial Services Inc. adopted on December 9, 2025.
- [F2]The transactions reported herein were effected in multiple transactions each day at prices ranging from (1) $71.05 to $72.07 on July 1, 2026; (2) $72.17 to $73.95 on July 2, 2026; and (3) $74.11 to $74.77 on July 6, 2026. The prices reported above reflect the weighted average purchase prices on each such day for the transactions reported herein. The Reporting Person hereby undertakes to provide upon request to the Staff of the Securities and Exchange Commission, the issuer, or any security holder of the issuer full information regarding the number of shares and the prices at which these reported transactions were effected each day.
- [F3]The number of common units beneficially owned by Ms. Frangou includes (i) 3,183,199 common units owned indirectly through N Shipmanagement Acquisition Corp., an entity affiliated with her; (ii) 1,489,115 common units in the aggregate owned indirectly through three other entities affiliated with her and (iii) 87,493 common units owned through Raymar Investments S.A., an entity affiliated with Ms. Frangou, pursuant to a Rule 10b5-1 trading plan with UBS Financial Services Inc as of July 1, 2026.
- [F4]The number of common units beneficially owned by Ms. Frangou includes (i) 3,183,199 common units owned indirectly through N Shipmanagement Acquisition Corp., an entity affiliated with her; (ii) 1,489,115 common units in the aggregate owned indirectly through three other entities affiliated with her and (iii) 88,666 common units owned through Raymar Investments S.A., an entity affiliated with Ms. Frangou, pursuant to a Rule 10b5-1 trading plan with UBS Financial Services Inc as of July 2, 2026.
- [F5]The number of common units beneficially owned by Ms. Frangou includes (i) 3,183,199 common units owned indirectly through N Shipmanagement Acquisition Corp., an entity affiliated with her; (ii) 1,489,115 common units in the aggregate owned indirectly through three other entities affiliated with her and (iii) 89,815 common units owned through Raymar Investments S.A., an entity affiliated with Ms. Frangou, pursuant to a Rule 10b5-1 trading plan with UBS Financial Services Inc as of July 6, 2026.
- [F6]Olympos Maritime Ltd., an entity affiliated with Ms. Frangou, is the general partner (the "General Partner") of Navios Maritime Partners L.P. ("NMM"). As of July 6, 2026, the General Partner owns 622,296 general partnership units, representing an approximately 2.1% ownership interest in NMM based on all outstanding common units and general partnership units.
Signature
/s/ Todd Mason, by POA from Angeliki Frangou, Chairwoman of the Board, Chief Executive Officer and Director|2026-07-06