Frangou Angeliki 4
4 · Navios Maritime Partners L.P. · Filed Jul 17, 2026
Research Summary
AI-generated summary of this filing
Navios (NMM) CEO Angeliki Frangou Buys 3,348 Shares
What Happened
Angeliki Frangou, Chief Executive Officer and Chairwoman of Navios Maritime Partners L.P. (NMM) and a reported 10% owner, purchased a total of 3,348 NMM common units in open‑market purchases on July 15–17, 2026. The daily trades were: 1,118 shares at $74.36 ($83,136) on July 15; 1,111 shares at $75.13 ($83,469) on July 16; and 1,119 shares at $72.62 ($81,260) on July 17 — totaling approximately $247,865. These were purchases (a bullish signal in straightforward terms) effected under a Rule 10b5‑1 trading plan.
Key Details
- Transaction dates and weighted‑average prices: Jul 15 — 1,118 @ $74.36; Jul 16 — 1,111 @ $75.13; Jul 17 — 1,119 @ $72.62.
- Intraday price ranges (multiple fills): Jul 15 — $73.47–$75.85; Jul 16 — $74.75–$75.54; Jul 17 — $71.82–$73.47. Reporting person can provide the full per‑trade breakdown on request.
- Purchases were made by Raymar Investments S.A. (an entity affiliated with Ms. Frangou) pursuant to a Rule 10b5‑1 plan adopted Dec 9, 2025, and executed through UBS Financial Services Inc. (footnote).
- Beneficial ownership after transactions (includes indirect holdings): Jul 15 — 4,769,901 units; Jul 16 — 4,771,012 units; Jul 17 — 4,772,131 units.
- Additional note: Olympos Maritime Ltd., affiliated with Ms. Frangou, is NMM’s general partner and holds 622,296 GP units (~2.1% economic interest).
- Filing: Form 4 filed Jul 17, 2026; no indication in the filing that the report was late.
Context
- These purchases were made under a prearranged 10b5‑1 plan, which means trades were scheduled in advance and are generally designed to avoid issues with trading on material nonpublic information.
- As both CEO/Chair and a significant owner, Frangou’s buys increase her reported beneficial stake modestly; purchases by insiders can be of interest to retail investors but do not by themselves prove a change in company prospects.
Insider Transaction Report
Form 4
Frangou Angeliki
DirectorSee Remarks10% Owner
Transactions
- Purchase
Common Unit
[F1][F2][F3]2026-07-15$74.36/sh+1,118$83,136→ 4,769,901 total(indirect: See footnote) - Purchase
Common Unit
[F1][F2][F4]2026-07-16$75.13/sh+1,111$83,469→ 4,771,012 total(indirect: See footnote) - Purchase
Common Unit
[F1][F2][F5]2026-07-17$72.62/sh+1,119$81,260→ 4,772,131 total(indirect: See footnote)
Holdings
- 622,296(indirect: See footnote)
General Partnership Unit
[F6] - 366,776
Common Unit
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) $73.47 to $75.85 on July 15, 2026; (2) $74.75 to $75.54 on July 16, 2026; and (3) $71.82 to $73.47 on July 17, 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) 97,587 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 15, 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) 98,698 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 16, 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) 99,817 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 17, 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 17, 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|2026-07-17