Navios Maritime Partners L.P.·4

Jul 30, 9:15 PM ET

Frangou Angeliki 4

4 · Navios Maritime Partners L.P. · Filed Jul 30, 2026

Research Summary

AI-generated summary of this filing

Updated

Navios (NMM) CEO Angeliki Frangou Buys 3,191 Shares

What Happened
Angeliki Frangou, CEO and Chairwoman of Navios Maritime Partners L.P. (NMM) and a 10% owner, acquired a total of 3,191 common units in three open‑market purchases: 1,072 units on 2026-07-28 at $78.59 ($84,246); 1,051 units on 2026-07-29 at $78.55 ($82,556); and 1,068 units on 2026-07-30 at $78.37 ($83,700). Total consideration across the three days was approximately $250,502. These were purchases (a buy signal) executed pursuant to a prearranged Rule 10b5‑1 plan.

Key Details

  • Transaction dates & weighted-average prices/values:
    • 2026-07-28: 1,072 shares @ $78.59 — $84,246 (intraday prices ranged $77.73–$79.22)
    • 2026-07-29: 1,051 shares @ $78.55 — $82,556 (intraday prices ranged $77.63–$79.88)
    • 2026-07-30: 1,068 shares @ $78.37 — $83,700 (intraday prices ranged $77.65–$79.29)
  • Trades effected through Raymar Investments S.A. (an entity affiliated with Ms. Frangou) under a Rule 10b5‑1 plan with UBS Financial Services Inc., adopted Dec 9, 2025.
  • Beneficial ownership after the July 30 transaction (per filing): 4,782,027 common units — comprised of 3,183,199 units via N Shipmanagement Acquisition Corp., 1,489,115 units via three other affiliated entities, and 109,713 units held through Raymar Investments S.A.
  • Additional note: Olympos Maritime Ltd. (affiliated with Ms. Frangou) is the general partner and holds 622,296 general partnership units (~2.1% interest).
  • Filing was submitted on 2026-07-30 for transactions occurring 2026-07-28 to 07-30 (timely filing).

Context
These purchases were made under a 10b5‑1 trading plan (pre-scheduled trades), which allows insiders to buy or sell according to a preset plan and can reduce the implication that trades reflect immediate private views. Ms. Frangou is a significant long‑term holder via multiple affiliated entities; the recent buys are small relative to her total stake. The reporting person offers to provide full per-trade details upon request (per the filing).

Insider Transaction Report

Form 4
Period: 2026-07-28
Frangou Angeliki
DirectorSee Remarks10% Owner
Transactions
  • Purchase

    Common Unit

    [F1][F2][F3]
    2026-07-28$78.59/sh+1,072$84,2464,779,908 total(indirect: See footnote)
  • Purchase

    Common Unit

    [F1][F2][F4]
    2026-07-29$78.55/sh+1,051$82,5564,780,959 total(indirect: See footnote)
  • Purchase

    Common Unit

    [F1][F2][F5]
    2026-07-30$78.37/sh+1,068$83,7004,782,027 total(indirect: See footnote)
Holdings
  • Common Unit

    366,776
  • General Partnership Unit

    [F6]
    (indirect: See footnote)
    622,296
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) $77.73 to $79.22 on July 28, 2026; (2) $77.63 to $79.88 on July 29, 2026; and (3) $77.65 to $79.29 on July 30, 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) 107,594 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 28, 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) 108,645 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 29, 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) 109,713 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 30, 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 30, 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|2026-07-30

Documents

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    ownership.xmlPrimary

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