Navios Maritime Partners (NYSE: NMM) insider adds 3,334 units under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Navios Maritime Partners L.P. director, officer and 10% owner Angeliki Frangou, through affiliated entity Raymar Investments S.A., made open-market purchases of 3,334 common units of NMM on July 10, 13 and 14, 2026 at weighted average prices around $75.36–$75.58 per unit under a Rule 10b5-1 trading plan adopted on December 9, 2025. Following these trades, she beneficially owned 4,768,783 common units indirectly via affiliated entities, and Olympos Maritime Ltd., an affiliate, held 622,296 general partnership units, representing approximately 2.1% of NMM as of July 14, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Buyer: 3,334 shares ($251,556)
Net Buy
5 txns
Insider
Frangou Angeliki
Role
See Remarks
Bought
3,334 shs ($252K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Unit | 1,105 | $75.5785 | $84K |
| Purchase | Common Unit | 1,100 | $75.4143 | $83K |
| Purchase | Common Unit | 1,129 | $75.3641 | $85K |
| holding | Common Unit | -- | -- | -- |
| holding | General Partnership Unit | -- | -- | -- |
Holdings After Transaction:
Common Unit — 4,768,783 shares (Indirect, See footnote);
Common Unit — 366,776 shares (Direct);
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) $74.87 to $75.81 on July 10, 2026; (2) $74.96 to $76.03 on July 13, 2026; and (3) $74.69 to $76.71 on July 14, 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) 94,264 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 10, 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) 95,364 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 July 13, 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) 96,469 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 14, 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 July 14, 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: 3,334 common units
Purchase price July 10, 2026: $75.3641 per unit
Purchase price July 13, 2026: $75.4143 per unit
+5 more
8 metrics
Common units purchased
3,334 common units
Aggregate open-market purchases on July 10, 13 and 14, 2026
Purchase price July 10, 2026
$75.3641 per unit
Weighted average purchase price for 1,129 common units on July 10, 2026
Purchase price July 13, 2026
$75.4143 per unit
Weighted average purchase price for 1,100 common units on July 13, 2026
Purchase price July 14, 2026
$75.5785 per unit
Weighted average purchase price for 1,105 common units on July 14, 2026
Indirect common units owned
4,768,783 common units
Common units beneficially owned indirectly after July 14, 2026 purchases
General partnership units
622,296 units
General partnership units owned by Olympos Maritime Ltd. as of July 14, 2026
Ownership interest of General Partner
approximately 2.1%
Ownership interest in NMM represented by 622,296 general partnership units
Direct common units holding
366,776 common units
Directly held common units as of July 10, 2026
Key Terms
Rule 10b5-1 trading plan, beneficially owned, general partnership units, weighted average purchase prices
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.
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"
weighted average purchase prices financial
"The prices reported above reflect the weighted average purchase prices on each such day"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider trading activity did NMM’s Angeliki Frangou report in this Form 4?
Angeliki Frangou reported open-market purchases of 3,334 common units of Navios Maritime Partners L.P. (NMM) on July 10, 13 and 14, 2026. These transactions were executed through an affiliated entity under a Rule 10b5-1 trading plan.
At what prices were the NMM common units bought in Angeliki Frangou’s latest Form 4?
The reported NMM purchases were at weighted average prices of $75.3641 on July 10, $75.4143 on July 13 and $75.5785 on July 14, 2026. Actual trades each day occurred within disclosed price ranges around these averages.
Was Angeliki Frangou’s NMM trading done under a Rule 10b5-1 plan?
Yes. The transactions were made under a Rule 10b5-1 trading plan between Raymar Investments S.A., an entity affiliated with Angeliki Frangou, and UBS Financial Services Inc., which was adopted on December 9, 2025.
Are Angeliki Frangou’s NMM holdings direct or indirect according to this Form 4?
The Form 4 shows indirect ownership of 4,768,783 common units through entities such as N Shipmanagement Acquisition Corp. and Raymar Investments S.A., plus separate entries for directly held common units and general partnership units via affiliated entities.