Navios Maritime Partners (NMM) CEO Angeliki Frangou Buys Shares

What Happened Angeliki Frangou, CEO and Chairwoman of Navios Maritime Partners L.P. (NMM) and a reported 10% owner, purchased a total of 3,181 common units in three open‑market transactions executed Aug 5–7, 2026 under a Rule 10b5‑1 plan. Daily purchases reported: Aug 5 — 1,064 units at a weighted avg $78.41 ($83,432); Aug 6 — 1,063 units at $79.53 ($84,537); Aug 7 — 1,054 units at $78.94 ($83,201). Aggregate cost ≈ $251,170. These were purchases (insider buys), which are generally viewed differently than routine sales.

Key Details

• Transaction dates & weighted avg prices: Aug 5 (1,064 @ $78.41), Aug 6 (1,063 @ $79.53), Aug 7 (1,054 @ $78.94).
• Intraday price ranges (multiple trades each day): Aug 5 $77.67–$80.00; Aug 6 $79.07–$79.71; Aug 7 $78.28–$79.35. Report lists weighted averages; full per‑trade detail available on request (per footnote).
• Purchases were effected by Raymar Investments S.A., an entity affiliated with Ms. Frangou, under a Rule 10b5‑1 trading plan with UBS (plan adopted Dec 9, 2025).
• Shares owned after transactions (beneficial ownership): as of Aug 7, Ms. Frangou beneficially owned 4,787,732 common units (breakdown: 3,183,199 via N Shipmanagement Acquisition Corp.; 1,489,115 via three other affiliated entities; 115,418 held through Raymar Investments S.A.). Additionally, Olympos Maritime Ltd. (affiliated) holds 622,296 general partnership units (~2.1% interest).
• Filing: Form 4 covering trades Aug 5–7 was filed Aug 7, 2026 (no late‑filing indication in the report).

Context

• These were straightforward open‑market purchases under a pre‑arranged 10b5‑1 plan (common for scheduled insider buying). Because the buys were made via an affiliated entity under a trading plan, they reflect planned purchases rather than ad‑hoc trades; the filing is informational and does not state the insider’s motivation.