STOCK TITAN
  1. Home
  2. Sec-filings
  3. NMM
  4. [Form 4] Navios Maritime Partners L.P. Insider Trading Activity

Navios Maritime Partners (NYSE: NMM) insider buys 3,547 units

Filing Impact
(Moderate)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Navios Maritime Partners L.P. reported that entities affiliated with insider Angeliki Frangou bought a total of 3,547 common units of NMM in open-market transactions. The purchases occurred on April 9, 10 and 13, 2026 at weighted average prices of $70.7843, $68.9360 and $70.2395 per unit, respectively.

The trades were made by Raymar Investments S.A., an entity affiliated with Ms. Frangou, under a Rule 10b5-1 trading plan with UBS Financial Services Inc. adopted on December 9, 2025. After these transactions, Ms. Frangou beneficially owns 4,695,905 common units indirectly, plus 366,766 common units directly and 622,296 general partnership units, representing an approximately 2.1% ownership interest in NMM through the general partner.

Positive

  • None.

Negative

  • None.
Insider Frangou Angeliki
Role See Remarks
Bought 3,547 shs ($248K)
Type Security Shares Price Value
Purchase Common Unit 1,204 $70.2395 $85K
Purchase Common Unit 1,188 $68.936 $82K
Purchase Common Unit 1,155 $70.7843 $82K
holding Common Unit -- -- --
holding General Partnership Unit -- -- --
Holdings After Transaction: Common Unit — 4,695,905 shares (Indirect, See footnote); Common Unit — 366,766 shares (Direct); General Partnership Unit — 622,296 shares (Indirect, See footnote)
Footnotes (6)
  1. 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.
  2. F2. The transactions reported herein were effected in multiple transactions each day at prices ranging from (1) $70.12 to $72.26 on April 9, 2026; (2) $68.38 to $69.80 on April 10, 2026; and (3) $69.83 to $70.57 on April 13, 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.
  3. 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) 21,199 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 April 9, 2026.
  4. 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) 22,387 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 April 10, 2026.
  5. 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) 23,591 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 April 13, 2026.
  6. 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 April 13, 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.
Total common units bought 3,547 common units Open-market purchases on April 9–13, 2026
Purchase price April 9, 2026 $70.7843 per unit Weighted average purchase price on April 9, 2026
Purchase price April 10, 2026 $68.9360 per unit Weighted average purchase price on April 10, 2026
Purchase price April 13, 2026 $70.2395 per unit Weighted average purchase price on April 13, 2026
Indirect common units after trades 4,695,905 common units Indirectly beneficially owned by Angeliki Frangou after transactions
Direct common units holding 366,766 common units Directly held common units as of April 9, 2026
General partnership units 622,296 units Owned by general partner Olympos Maritime Ltd. as of April 13, 2026
Ownership interest via GP units 2.1% Ownership interest in NMM represented by general partnership units
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.
weighted average purchase prices financial
"The prices reported above reflect the weighted average purchase prices on each such day..."
general partnership units financial
"the General Partner owns 622,296 general partnership units, representing an approximately 2.1% ownership interest..."
ownership interest financial
"representing an approximately 2.1% ownership interest in NMM based on all outstanding common units..."

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →

FAQ

What does Angeliki Frangou’s latest Form 4 for Navios Maritime Partners (NMM) report?
The Form 4 reports open-market purchases of NMM common units by an entity affiliated with Angeliki Frangou. Over three days in April 2026, the affiliated entity bought 3,547 common units, modestly increasing her overall beneficial ownership position in Navios Maritime Partners.

How many Navios Maritime Partners (NMM) units were bought and at what prices?
Affiliated entities bought 3,547 common units of NMM. Weighted average purchase prices were $70.7843 per unit on April 9, $68.9360 on April 10, and $70.2395 on April 13, 2026, reflecting open-market transactions over those trading days.

Were the recent NMM insider purchases by Angeliki Frangou 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., an affiliated entity, and UBS Financial Services Inc., adopted on December 9, 2025, indicating the trades were pre-arranged rather than opportunistic.

What is Angeliki Frangou’s total beneficial ownership in Navios Maritime Partners (NMM) after these trades?
After the reported purchases, she beneficially owns 4,695,905 common units indirectly and 366,766 common units directly. In addition, an affiliated general partner entity holds 622,296 general partnership units, representing an approximately 2.1% ownership interest in NMM.

Which affiliated entities hold Navios Maritime Partners (NMM) units for Angeliki Frangou?
The filing cites holdings through N Shipmanagement Acquisition Corp., three other affiliated entities, and Raymar Investments S.A.. It also notes Olympos Maritime Ltd. as the general partner owning 622,296 general partnership units, reflecting her structured indirect ownership in NMM.

How significant are the 3,547 NMM units bought relative to Angeliki Frangou’s position?
The purchases of 3,547 common units are small compared with her post-transaction indirect holding of 4,695,905 common units. This suggests a relatively minor incremental increase in exposure within an already substantial ownership stake in Navios Maritime Partners.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Frangou Angeliki
(Last)(First)(Middle)
C/O NAVIOS SHIPMANAGEMENT INC.
85 AKTI MIAOULI
(Street)
PIRAEUSGREECE18538
(City)(State)(Zip)
GREECE
(Country)		2. Issuer Name and Ticker or Trading Symbol
Navios Maritime Partners L.P. [ NMM ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/09/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Unit04/09/2026P(1)1,155A$70.7843(2)4,693,513ISee footnote(3)
Common Unit04/10/2026P(1)1,188A$68.936(2)4,694,701ISee footnote(4)
Common Unit04/13/2026P(1)1,204A$70.2395(2)4,695,905ISee footnote(5)
Common Unit366,766D
General Partnership Unit622,296ISee footnote(6)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. The transactions reported herein were effected in multiple transactions each day at prices ranging from (1) $70.12 to $72.26 on April 9, 2026; (2) $68.38 to $69.80 on April 10, 2026; and (3) $69.83 to $70.57 on April 13, 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.
3. 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) 21,199 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 April 9, 2026.
4. 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) 22,387 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 April 10, 2026.
5. 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) 23,591 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 April 13, 2026.
6. 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 April 13, 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.
Remarks:
Chief Executive Officer & Chairwoman of the Board
/s/ Todd Mason, by POA from Angeliki Frangou, Chairwoman of the Board, Chief Executive Officer and Director04/13/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR