Navios CEO Angeliki Frangou buys 3,437 common units
Rhea-AI Filing Summary
Navios Maritime Partners L.P. reports that CEO and Chairwoman Angeliki Frangou, through affiliated entity Raymar Investments S.A., purchased a total of 3437 common units in three open-market transactions on July 20–22, 2026, at weighted average prices around $73–$74 per unit. These trades were executed pursuant to a Rule 10b5-1 trading plan with UBS Financial Services Inc. adopted on December 9, 2025. A holding entry also reports 366,776 common units held directly, and an affiliated entity, Olympos Maritime Ltd., holds 622,296 general partnership units, representing approximately 2.1% ownership interest in Navios Maritime Partners L.P. as of July 22, 2026.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Buyer: 3,437 shares
Net Buy
5 txns
Insider
Frangou Angeliki
Role
See Remarks
Bought
3,437 shs ($253K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Unit F1, F2, F5 | 1,121 | $74.0678 | $83K |
| Purchase | Common Unit F1, F2, F4 | 1,149 | $74.0276 | $85K |
| Purchase | Common Unit F1, F2, F3 | 1,167 | $72.9507 | $85K |
| holding | Common Unit | -- | -- | -- |
| holding | General Partnership Unit F6 | -- | -- | -- |
Holdings After Transaction:
Common Unit — 4,775,568 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) $72.72 to $73.30 on July 20, 2026; (2) $73.77 to $74.23 on July 21, 2026; and (3) $73.70 to $74.40 on July 22, 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) 100,984 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 20, 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) 102,133 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 21, 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) 103,254 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 22, 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 22, 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: 3437 common units
Purchase on July 20, 2026: 1167 common units at $72.9507 per unit
Purchase on July 21, 2026: 1149 common units at $74.0276 per unit
+5 more
8 metrics
Total common units purchased
3437 common units
Aggregate common units purchased indirectly on July 20–22, 2026
Purchase on July 20, 2026
1167 common units at $72.9507 per unit
Indirect open-market purchase via Raymar Investments S.A.
Purchase on July 21, 2026
1149 common units at $74.0276 per unit
Indirect open-market purchase via Raymar Investments S.A.
Purchase on July 22, 2026
1121 common units at $74.0678 per unit
Indirect open-market purchase via Raymar Investments S.A.
Direct common unit holdings
366,776 common units
Common units reported as held directly in holding entry dated July 20, 2026
General partnership units held
622,296 general partnership units
Held by Olympos Maritime Ltd., an affiliated entity, as of July 22, 2026
Ownership interest represented
2.1%
Ownership interest in Navios Maritime Partners L.P. represented by 622,296 general partnership units
Beneficial ownership via N Shipmanagement
3,183,199 common units
Common units beneficially owned indirectly via N Shipmanagement Acquisition Corp.
Key Terms
Rule 10b5-1 trading plan, weighted average purchase prices, beneficially owned, 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"
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.
Were Angeliki Frangou’s recent NMM trades made under a Rule 10b5-1 plan?
Yes. The filing states the transactions were made under a Rule 10b5-1 trading plan between Raymar Investments S.A. and UBS Financial Services Inc. The plan was adopted on December 9, 2025, indicating these purchases followed a pre-established trading arrangement.
What direct holdings in NMM common units are reported for Angeliki Frangou?
A holding entry in the report shows 366,776 common units held directly by Angeliki Frangou. This direct position is reported separately from the larger blocks of units she beneficially owns indirectly through affiliated entities such as N Shipmanagement Acquisition Corp. and Raymar Investments S.A.
Through which entities does Angeliki Frangou hold her NMM units?
According to the disclosure, Angeliki Frangou’s beneficial ownership includes units held via N Shipmanagement Acquisition Corp., three other affiliated entities, and Raymar Investments S.A.. In addition, Olympos Maritime Ltd., another affiliated entity, holds 622,296 general partnership units in Navios Maritime Partners.
AI-generated analysis. How Rhea-AI works. Not financial advice.
