Frangou Angeliki 4
4 · Navios Maritime Partners L.P. · Filed Jul 22, 2026
Research Summary
AI-generated summary of this filing
Navios Maritime (NMM) CEO Angeliki Frangou Buys 3,437 Shares
What Happened Angeliki Frangou, CEO and Chairwoman of Navios Maritime Partners L.P. (NMM) and a reported 10% owner, purchased a total of 3,437 common units in three open‑market transactions between July 20–22, 2026. The purchases were: 1,167 units on 2026-07-20 at a weighted average price of $72.95 ($85,133); 1,149 units on 2026-07-21 at $74.03 ($85,058); and 1,121 units on 2026-07-22 at $74.07 ($83,030). Total consideration for the three days was about $253,221. These were purchases (a bullish signal in that insiders are acquiring stock), executed pursuant to a Rule 10b5-1 trading plan.
Key Details
- Transaction dates and weighted-average prices:
- 2026-07-20: 1,167 units @ $72.95 = $85,133 (intraday prices ranged $72.72–$73.30)
- 2026-07-21: 1,149 units @ $74.03 = $85,058 (intraday $73.77–$74.23)
- 2026-07-22: 1,121 units @ $74.07 = $83,030 (intraday $73.70–$74.40)
- Total purchased: 3,437 units for ~ $253,221.
- Shares/units beneficially owned (per filing footnotes):
- As of 2026-07-20: 4,773,298 common units
- As of 2026-07-21: 4,774,447 common units
- As of 2026-07-22: 4,775,568 common units (These totals include large indirect holdings through several affiliated entities and the Raymar Investments S.A. holdings reported under the 10b5-1 plan.)
- 10b5-1 plan: Transactions were made under a Rule 10b5-1 plan between Raymar Investments S.A. (an affiliate) and UBS Financial Services Inc., adopted Dec 9, 2025. The filer can provide detailed per-trade prices/quantities on request (per footnote).
- General partner interest: Olympos Maritime Ltd. (an affiliate) holds 622,296 general partnership units (~2.1% of outstanding units) as of July 22, 2026.
- Filing timeliness: Report filed July 22, 2026 for transactions beginning July 20, 2026 (filed within normal Form 4 timing).
Context
- These were open-market purchases made under a pre-established trading plan (10b5-1), a common mechanism for insiders to buy/sell on a scheduled basis. Purchases by insiders can be of interest to investors as a potential positive signal, but the presence of a 10b5-1 plan means trades were pre-authorized and not necessarily a discretionary, real-time vote of confidence.
Insider Transaction Report
Form 4
Frangou Angeliki
DirectorSee Remarks10% Owner
Transactions
- Purchase
Common Unit
[F1][F2][F3]2026-07-20$72.95/sh+1,167$85,133→ 4,773,298 total(indirect: See footnote) - Purchase
Common Unit
[F1][F2][F4]2026-07-21$74.03/sh+1,149$85,058→ 4,774,447 total(indirect: See footnote) - Purchase
Common Unit
[F1][F2][F5]2026-07-22$74.07/sh+1,121$83,030→ 4,775,568 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) $72.72 to $73.30 on July 20, 2026; (2) $73.77 to $74.23 on July 21, 2026; and (3) $73.70 to $74.40 on July 22, 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) 100,984 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 20, 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) 102,133 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 21, 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) 103,254 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 22, 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 22, 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|2026-07-22