Navios Maritime Partners CEO buys 3,181 units
Rhea-AI Filing Summary
Navios Maritime Partners L.P. reports that CEO and Chairwoman Angeliki Frangou, through affiliated entity Raymar Investments S.A., entered into three purchase transactions for an aggregate of 3,181 common units of NMM on August 5–7, 2026 at weighted average prices around $78–$80, under a Rule 10b5-1 trading plan adopted on December 9, 2025.
Frangou also reports 366,776 common units held directly and indirect interests including affiliated entities that hold common units and Olympos Maritime Ltd., which owns 622,296 general partnership units, representing about 2.1% ownership interest in Navios Maritime Partners.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Buyer: 3,181 shares
Net Buy
5 txns
Insider
Frangou Angeliki
Role
See Remarks
Bought
3,181 shs ($251K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Unit F1, F2, F5 | 1,054 | $78.938 | $83K |
| Purchase | Common Unit F1, F2, F4 | 1,063 | $79.5271 | $85K |
| Purchase | Common Unit F1, F2, F3 | 1,064 | $78.4133 | $83K |
| holding | Common Unit | -- | -- | -- |
| holding | General Partnership Unit F6 | -- | -- | -- |
Holdings After Transaction:
Common Unit — 4,787,732 shares (Indirect, See footnote);
Common Unit — 366,776 shares (Direct);
General Partnership Unit — 622,296 shares (Indirect, See footnote)
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) $77.67 to $80.00 on August 5, 2026; (2) $79.07 to $79.71 on August 6, 2026; and (3) $78.28 to $79.35 on August 7, 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) 113,301 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 August 5, 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) 114,364 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 August 6, 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) 115,418 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 August 7, 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 August 7, 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.
Key Figures
Common units purchased: 3,181 common units
August 5, 2026 purchase: 1,064 common units at $78.4133 per unit
August 6, 2026 purchase: 1,063 common units at $79.5271 per unit
+5 more
8 metrics
Common units purchased
3,181 common units
Aggregate of three purchase transactions on August 5–7, 2026 under a Rule 10b5-1 plan
August 5, 2026 purchase
1,064 common units at $78.4133 per unit
Weighted average price; trades ranged from $77.67 to $80.00
August 6, 2026 purchase
1,063 common units at $79.5271 per unit
Weighted average price; trades ranged from $79.07 to $79.71
August 7, 2026 purchase
1,054 common units at $78.9380 per unit
Weighted average price; trades ranged from $78.28 to $79.35
Direct common units held
366,776 common units
Direct ownership position as of August 5, 2026
General partnership units held
622,296 units
Owned by Olympos Maritime Ltd., approx 2.1% interest in NMM as of August 7, 2026
Units via N Shipmanagement
3,183,199 common units
Indirectly owned through N Shipmanagement Acquisition Corp., affiliated with Angeliki Frangou
Units via three affiliates
1,489,115 common units
Aggregate indirectly owned through three other entities affiliated with Angeliki Frangou
Key Terms
Rule 10b5-1 trading plan, weighted average purchase prices, beneficially owned, general partnership units
4 terms
Rule 10b5-1 trading plan financial
"transactions reported herein were made pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average purchase prices financial
"The prices reported above reflect the weighted average purchase prices on each such day"
beneficially owned financial
"The number of common units beneficially owned by Ms. Frangou includes (i) 3,183,199 common units"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
general partnership units financial
"the General Partner owns 622,296 general partnership units, representing an approximately 2.1% ownership"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
At what prices were the NMM common units bought in this Form 4?
Affiliated purchases were made at weighted average prices of $78.4133 on August 5, $79.5271 on August 6, and $78.9380 on August 7, 2026. Footnotes state daily trade ranges of $77.67–$80.00, $79.07–$79.71, and $78.28–$79.35, respectively.
How many NMM units does Angeliki Frangou beneficially own through affiliated entities?
Footnotes state her beneficial ownership includes 3,183,199 common units via N Shipmanagement Acquisition Corp., 1,489,115 common units via three other affiliated entities, and common units held through Raymar Investments S.A. (including 115,418 units as of August 7, 2026) pursuant to a Rule 10b5-1 plan.
What direct and general partnership holdings in NMM are reported for Angeliki Frangou?
The Form 4 shows 366,776 common units held directly as of August 5, 2026. It also notes that Olympos Maritime Ltd., an entity affiliated with her, owns 622,296 general partnership units, representing approximately 2.1% ownership interest in Navios Maritime Partners.
AI-generated analysis. How Rhea-AI works. Not financial advice.
