Navios Maritime CEO reports fresh unit purchases
Navios Maritime Partners L.P.
Rhea-AI Filing Summary
Navios Maritime Partners L.P. CEO and Chairwoman Angeliki Frangou, through affiliated entity Raymar Investments S.A., purchased 3,268 common units in open-market trades on July 23, 24 and 27, 2026 under a Rule 10b5-1 plan. Daily prices were within $73.73–$76.34, $78.09–$80.00 and $77.09–$78.38 per unit, respectively. She also reports direct and indirect beneficial ownership of substantial additional common and general partnership units through affiliated entities, including 3,183,199 common units via N Shipmanagement Acquisition Corp. and 622,296 general partnership units held by Olympos Maritime Ltd.
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Insights
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Insider Trade Summary 10b5-1
Net Buyer: 3,268 shares
Net Buy
5 txns
Insider
Frangou Angeliki
Role
See Remarks
Bought
3,268 shs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Unit F1, F2, F5 | 1,053 | $77.6356 | $82K |
| Purchase | Common Unit F1, F2, F4 | 1,084 | $79.019 | $86K |
| Purchase | Common Unit F1, F2, F3 | 1,131 | $748,119.00 as filed | -- |
| holding | Common Unit | -- | -- | -- |
| holding | General Partnership Unit F6 | -- | -- | -- |
- Price shown as filed: $748,119.00 per share is far above the $76.82 close on Jul 23, 2026, so no transaction value is shown.
Holdings After Transaction:
Common Unit — 4,778,836 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) $73.73 to $76.34 on July 23, 2026; (2) $78.09 to $80.00 on July 24, 2026; and (3) $77.09 to $78.38 on July 27, 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) 104,385 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 23, 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) 105,469 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 24, 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) 106,522 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 27, 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 27, 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: 3,268 common units
Price range 23 Jul 2026: $73.73–$76.34 per unit
Price range 24 Jul 2026: $78.09–$80.00 per unit
+5 more
8 metrics
Common units purchased
3,268 common units
Open-market purchases by Raymar Investments S.A. on July 23-27, 2026
Price range 23 Jul 2026
$73.73–$76.34 per unit
Reported trading range for purchases on July 23, 2026
Price range 24 Jul 2026
$78.09–$80.00 per unit
Reported trading range for purchases on July 24, 2026
Price range 27 Jul 2026
$77.09–$78.38 per unit
Reported trading range for purchases on July 27, 2026
Direct common units held
366,776 common units
Direct holdings reported as of July 23, 2026
Common units via N Shipmanagement Acquisition Corp.
3,183,199 common units
Indirect beneficial ownership through an affiliated entity
Common units via three other entities
1,489,115 common units
Aggregate indirect beneficial ownership via three affiliated entities
General partnership units
622,296 general partnership units
Held by Olympos Maritime Ltd., approx 2.1% interest as of July 27, 2026
Key Terms
Rule 10b5-1 trading plan, beneficially owned, weighted average purchase prices, general partnership units
4 terms
Rule 10b5-1 trading plan regulatory
"The transactions reported herein were made pursuant to a Rule 10b5-1 trading plan between Raymar Investments S.A."
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.
beneficially owned financial
"The number of common units beneficially owned by Ms. Frangou includes 3,183,199 common units owned indirectly"
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.
weighted average purchase prices financial
"The prices reported above reflect the weighted average purchase prices on each such day for the transactions"
general partnership units financial
"the General Partner owns 622,296 general partnership units, representing an approximately 2.1% ownership interest"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Angeliki Frangou report for NMM?
Angeliki Frangou, through affiliated entity Raymar Investments S.A., reported buying 3,268 Navios Maritime Partners common units in open-market transactions on July 23, 24 and 27, 2026. These purchases were made under a Rule 10b5-1 trading plan with UBS Financial Services Inc.
On what dates and price ranges were NMM units purchased in this Form 4?
Affiliated entity Raymar Investments S.A. bought NMM common units on July 23, 24 and 27, 2026. Footnotes state weighted-average trades within price ranges of $73.73–$76.34, $78.09–$80.00 and $77.09–$78.38 per unit on those respective dates.
What is Angeliki Frangou’s beneficial ownership in NMM common units?
Footnotes state that units beneficially owned by Angeliki Frangou include 3,183,199 common units via N Shipmanagement Acquisition Corp., 1,489,115 common units via three other affiliated entities and 106,522 common units through Raymar Investments S.A. as of July 27, 2026.
How many NMM common units does Angeliki Frangou hold directly?
The Form 4 reports 366,776 common units held directly by the reporting person as of July 23, 2026. Additional common units are held indirectly through several affiliated entities, which are described in the beneficial ownership footnotes but not added into a single total here.
What general partnership interest in NMM is held by an entity affiliated with Angeliki Frangou?
Olympos Maritime Ltd., an entity affiliated with Angeliki Frangou, holds 622,296 general partnership units of Navios Maritime Partners L.P. As of July 27, 2026, this position represents an approximately 2.1% ownership interest based on all outstanding common and general partnership units.
Were the NMM insider purchases made under a Rule 10b5-1 plan?
Yes. The transactions were executed under a Rule 10b5-1 trading plan between Raymar Investments S.A. and UBS Financial Services Inc., adopted on December 9, 2025. The Form 4 also checks the Rule 10b5-1 box, confirming plan-based trading status.
Who actually executed the NMM trades reported for Angeliki Frangou?
The trades were executed by Raymar Investments S.A., an entity affiliated with Angeliki Frangou, under a Rule 10b5-1 trading plan with UBS Financial Services Inc. Frangou reports these transactions because she is deemed to beneficially own the units held through that entity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
