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Navios Maritime Partners L.P.·4

Jul 22, 9:15 PM ET

Frangou Angeliki 4

Research Summary

AI-generated summary

Updated

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.