Navios Maritime CEO adds units via 10b5-1 plan
Navios Maritime Partners L.P. reported insider buying by entities affiliated with CEO and director Angeliki Frangou.
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Form Type
4
Rhea-AI Filing Summary
Navios Maritime Partners L.P. reported insider buying by entities affiliated with CEO and director Angeliki Frangou. Affiliated entities, including Raymar Investments S.A., purchased a total of 3,464 common units in open-market transactions on June 17, 18 and 22, 2026 at weighted average prices between about $70 and $73 per unit under a pre-arranged Rule 10b5-1 trading plan.
Following these purchases, Ms. Frangou beneficially owns 4,751,539 common units indirectly and 366,776 common units directly, plus 622,296 general partnership units of Navios Maritime Partners L.P., representing approximately 2.1% ownership interest as of June 22, 2026.
Insider Trade Summary 10b5-1
Net Buyer: 3,464 shares
Net Buy
5 txns
Insider
Frangou Angeliki
Role
See Remarks
Bought
3,464 shs ($249K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Unit | 1,187 | $71.385 | $85K |
| Purchase | Common Unit | 1,151 | $71.0996 | $82K |
| Purchase | Common Unit | 1,126 | $73.351 | $83K |
| holding | Common Unit | -- | -- | -- |
| holding | General Partnership Unit | -- | -- | -- |
Holdings After Transaction:
Common Unit — 4,751,539 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) $72.82 to $75.56 on June 17, 2026; (2) $70.01 to $72.41 on June 18, 2026; and (3) $70.56 to $71.76 on June 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) 76,887 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 17, 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) 78,038 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 18, 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) 79,225 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 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 June 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
Common units bought: 3,464 common units
June 17 purchase price: $73.3510 per unit
June 18 purchase price: $71.0996 per unit
+5 more
8 metrics
Common units bought
3,464 common units
Open-market purchases on June 17, 18 and 22, 2026
June 17 purchase price
$73.3510 per unit
Weighted average price for 1,126 common units bought
June 18 purchase price
$71.0996 per unit
Weighted average price for 1,151 common units bought
June 22 purchase price
$71.3850 per unit
Weighted average price for 1,187 common units bought
Indirect common units after trades
4,751,539 common units
Beneficially owned indirectly by Angeliki Frangou
Direct common units after trades
366,776 common units
Directly owned by Angeliki Frangou as of June 17, 2026
General partnership units
622,296 units
Owned by Olympos Maritime Ltd. as general partner, ~2.1% interest
Ownership interest
2.1%
General partnership units’ interest in Navios Maritime Partners as of June 22, 2026
Key Terms
Rule 10b5-1 trading plan, beneficially owned, general partnership units, weighted average purchase prices, +1 more
5 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 (i) 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.
general partnership units financial
"the General Partner owns 622,296 general partnership units, representing an approximately 2.1% ownership interest"
weighted average purchase prices financial
"The prices reported above reflect the weighted average purchase prices on each such day"
open-market purchase financial
"transaction_action": "open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
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