Affiliates of Navios Maritime Partners (NMM) add units under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Navios Maritime Partners L.P. insider Angeliki Frangou, through affiliated entity Raymar Investments S.A., made small open‑market purchases of common units in early June under a pre‑arranged Rule 10b5-1 trading plan with UBS Financial Services Inc.
Raymar bought 1,166 common units at a weighted average price of $71.7679 on June 4, 1,167 units at $71.6564 on June 5, and 1,162 units at $71.0203 on June 8, for a total of 3,495 units. Following these transactions, entities affiliated with Ms. Frangou beneficially owned 4,741,231 common units, and Olympos Maritime Ltd., another affiliated entity, held 622,296 general partnership units representing about 2.1% of NMM’s outstanding common and general partnership units.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Buyer: 3,495 shares ($249,830)
Net Buy
5 txns
Insider
Frangou Angeliki
Role
See Remarks
Bought
3,495 shs ($250K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Unit | 1,162 | $71.0203 | $83K |
| Purchase | Common Unit | 1,167 | $71.6564 | $84K |
| Purchase | Common Unit | 1,166 | $71.7679 | $84K |
| holding | Common Unit | -- | -- | -- |
| holding | General Partnership Unit | -- | -- | -- |
Holdings After Transaction:
Common Unit — 4,741,231 shares (Indirect, See footnote);
Common Unit — 366,776 shares (Direct, null);
General Partnership Unit — 622,296 shares (Indirect, See footnote)
Footnotes (1)
- 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. The transactions reported herein were effected in multiple transactions each day at prices ranging from (1) $71.05 to $72.26 on June 4, 2026; (2) $71.18 to $72.14 on June 5, 2026; and (3) $70.77 to $71.68 on June 8, 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. 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) 66,588 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 June 4, 2026. 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) 67,755 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 June 5, 2026. 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) 68,917 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 June 8, 2026. 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 June 8, 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
Total common units purchased: 3,495 common units
June 4, 2026 purchase price: $71.7679 per unit
June 5, 2026 purchase price: $71.6564 per unit
+4 more
7 metrics
Total common units purchased
3,495 common units
Open-market purchases in June 2026 by affiliated entity
June 4, 2026 purchase price
$71.7679 per unit
Weighted average price for 1,166 common units
June 5, 2026 purchase price
$71.6564 per unit
Weighted average price for 1,167 common units
June 8, 2026 purchase price
$71.0203 per unit
Weighted average price for 1,162 common units
Common units beneficially owned
4,741,231 common units
Beneficial ownership by entities affiliated with Ms. Frangou
General partnership units held
622,296 general partnership units
Held by Olympos Maritime Ltd. as of June 8, 2026
Ownership interest
approximately 2.1%
General partnership units as share of total outstanding units
Key Terms
Rule 10b5-1 trading plan, weighted average purchase prices, beneficially owned, general partnership units, +1 more
5 terms
Rule 10b5-1 trading plan financial
"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.
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"
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"
ownership interest financial
"representing an approximately 2.1% ownership interest in NMM"
FAQ
What is the role of Raymar Investments S.A. in the NMM insider transactions?
Raymar Investments S.A., an entity affiliated with Angeliki Frangou, executed the NMM common unit purchases under a Rule 10b5-1 trading plan with UBS Financial Services Inc. The plan was adopted on December 9, 2025 and governs these pre-arranged open-market trades.
What general partnership interest in NMM is held by Olympos Maritime Ltd.?
Olympos Maritime Ltd., an entity affiliated with Angeliki Frangou, is Navios Maritime Partners L.P.’s general partner and owns 622,296 general partnership units. As of June 8, 2026, this represents approximately a 2.1% ownership interest based on all outstanding common and general partnership units.