Navios Maritime (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, acquired a total of 3,169 common units via purchases on Aug 10–12, 2026. The trades were reported as open-market purchases (code P) with day-weighted average prices of $79.09 (1,050 units, $83,045) on Aug 10, $78.40 (1,057 units, $82,865) on Aug 11, and $79.16 (1,062 units, $84,068) on Aug 12 — about $249,978 in aggregate (approx. $78.94 per unit). These purchases were made pursuant to a Rule 10b5-1 trading plan.

Key Details

• Dates & prices: Aug 10 (WAP $79.09; price range $78.75–$79.33), Aug 11 (WAP $78.40; range $78.02–$78.71), Aug 12 (WAP $79.16; range $78.55–$80.00). Full per-trade breakdown available per filing footnote.
• Shares bought: 1,050 / 1,057 / 1,062 on Aug 10 / 11 / 12 respectively; total 3,169 common units.
• Shares owned after trades: Beneficial ownership reported as 4,790,901 common units as of Aug 12, 2026 (includes units held indirectly through affiliated entities and units held via Raymar Investments S.A.).
• Affiliated interests: Olympos Maritime Ltd. (affiliated with Ms. Frangou) is the General Partner and holds 622,296 general partnership units (~2.1%).
• Plan and execution: Transactions were effected under a Rule 10b5-1 plan between Raymar Investments S.A. (an affiliated entity) and UBS Financial Services Inc., adopted Dec 9, 2025 (footnote).
• Filing timeliness: Form 4 was filed on Aug 12, 2026 (the filing date listed); the filing does not indicate a late-report designation.

Context
These were purchases executed under a pre-established Rule 10b5-1 plan, which generally means trades were scheduled in advance rather than ad hoc. Purchases by insiders can be of interest to investors, but the 10b5-1 disclosure indicates these were planned transactions rather than immediate discretionary trades.