Frangou Angeliki 4
4 · Navios Maritime Partners L.P. · Filed Jul 9, 2026
Research Summary
AI-generated summary of this filing
Navios Maritime (NMM) CEO Angeliki Frangou Buys 3,320 Shares
What Happened
- Angeliki Frangou, Chief Executive Officer and Chairwoman of Navios Maritime Partners L.P. (NMM) and a reported 10% owner, acquired a total of 3,320 common units in open-market purchases on July 7–9, 2026. The buys were: 1,113 units at a weighted average $75.12 ($83,610) on July 7; 1,108 units at $76.14 ($84,368) on July 8; and 1,099 units at $73.74 ($81,038) on July 9 — about $249,016 in aggregate. These were purchases (a buy), executed under a pre-established trading plan.
Key Details
- Dates & reported weighted-average prices:
- July 7, 2026: 1,113 units @ $75.12 (total $83,610). Actual intraday prices: $74.50–$75.90.
- July 8, 2026: 1,108 units @ $76.14 (total $84,368). Actual intraday prices: $75.81–$76.60.
- July 9, 2026: 1,099 units @ $73.74 (total $81,038). Actual intraday prices: $72.88–$75.38.
- Purchases were made by Raymar Investments S.A., an entity affiliated with Ms. Frangou, pursuant to a Rule 10b5-1 trading plan with UBS Financial Services Inc. (adopted Dec 9, 2025). The filing notes multiple trades each day and reports weighted-average prices; full per-trade details are available upon request to the SEC staff, issuer, or security holders.
- Beneficial ownership reported:
- Total beneficially owned after the July 9 trades: 4,765,449 common units (aggregate of indirect holdings plus 93,135 units held through Raymar as of July 9).
- General Partner (Olympos Maritime Ltd., affiliated with Ms. Frangou) holds 622,296 general partnership units (~2.1% interest as of July 9).
- Filing timeliness: Form filed July 9, 2026 covering transactions July 7–9 — appears timely (no late-filing remark).
Context
- These were purchases executed under a 10b5-1 plan (pre-arranged systematic trades), which is common for insiders to avoid trading on non-public information. Purchases are generally viewed as a positive signal by some investors, but the use of a 10b5-1 plan indicates the trades followed an established schedule rather than ad hoc insider decisions.
Insider Transaction Report
Form 4
Frangou Angeliki
DirectorSee Remarks10% Owner
Transactions
- Purchase
Common Unit
[F1][F2][F3]2026-07-07$75.12/sh+1,113$83,610→ 4,763,242 total(indirect: See footnote) - Purchase
Common Unit
[F1][F2][F4]2026-07-08$76.14/sh+1,108$84,368→ 4,764,350 total(indirect: See footnote) - Purchase
Common Unit
[F1][F2][F5]2026-07-09$73.74/sh+1,099$81,038→ 4,765,449 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) $74.50 to $75.90 on July 7, 2026; (2) $75.81 to $76.60 on July 8, 2026; and (3) $72.88 to $75.38 on July 9, 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) 90,928 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 7, 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) 92,036 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 8, 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) 93,135 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 9, 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 9, 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|2026-07-09