Navios Partners CEO buys 3,191 units under plan
Rhea-AI Filing Summary
Navios Maritime Partners L.P. insider Angeliki Frangou, the Chief Executive Officer and Chairwoman, through affiliated entity Raymar Investments S.A., purchased 3191 common units in open-market transactions on July 28–30, 2026 at weighted average prices of $78.5875, $78.5495 and $78.3705 per unit under a Rule 10b5-1 trading plan with UBS Financial Services Inc.
She also reports 366,776 common units held directly, additional common units beneficially owned through several affiliated entities, and 622,296 general partnership units held indirectly via Olympos Maritime Ltd., representing an approximately 2.1% ownership interest in Navios Maritime Partners L.P.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Buyer: 3,191 shares
Net Buy
5 txns
Insider
Frangou Angeliki
Role
See Remarks
Bought
3,191 shs ($251K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Unit F1, F2, F5 | 1,068 | $78.3705 | $84K |
| Purchase | Common Unit F1, F2, F4 | 1,051 | $78.5495 | $83K |
| Purchase | Common Unit F1, F2, F3 | 1,072 | $78.5875 | $84K |
| holding | Common Unit | -- | -- | -- |
| holding | General Partnership Unit F6 | -- | -- | -- |
Holdings After Transaction:
Common Unit — 4,782,027 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) $77.73 to $79.22 on July 28, 2026; (2) $77.63 to $79.88 on July 29, 2026; and (3) $77.65 to $79.29 on July 30, 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) 107,594 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 28, 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) 108,645 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 29, 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) 109,713 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 30, 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 30, 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 2026-07-28: 1072 common units at $78.5875 per unit
Common units purchased 2026-07-29: 1051 common units at $78.5495 per unit
Common units purchased 2026-07-30: 1068 common units at $78.3705 per unit
+5 more
8 metrics
Common units purchased 2026-07-28
1072 common units at $78.5875 per unit
Open-market purchase via affiliated entity Raymar Investments S.A.
Common units purchased 2026-07-29
1051 common units at $78.5495 per unit
Open-market purchase via affiliated entity Raymar Investments S.A.
Common units purchased 2026-07-30
1068 common units at $78.3705 per unit
Open-market purchase via affiliated entity Raymar Investments S.A.
Total common units purchased
3191 common units
Aggregate of three open-market purchases on July 28–30, 2026
Direct common unit holdings
366,776 common units
Directly held common units as reported in the holding entry dated July 28, 2026
General partnership units held
622,296 general partnership units
Indirectly held via Olympos Maritime Ltd., the General Partner, as of July 30, 2026
Ownership interest represented by GP units
approximately 2.1%
Ownership interest in Navios Maritime Partners L.P. based on all outstanding units
Common units via N Shipmanagement Acquisition Corp.
3,183,199 common units
Beneficially owned indirectly through affiliated entity as described in footnotes
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 regulatory
"transactions 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.
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"
ownership interest financial
"representing an approximately 2.1% ownership interest in NMM based on all outstanding units"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
On what dates and at what prices were the NMM units purchased by the insider?
The filing lists purchases on July 28, 29 and 30, 2026 at weighted average prices of $78.5875, $78.5495 and $78.3705 per unit. Footnotes state daily trade price ranges between $77.63 and $79.88 across those three trading days.
Were the recent NMM trades by Angeliki Frangou under a Rule 10b5-1 trading plan?
Yes. Footnotes state the transactions were made under a Rule 10b5-1 trading plan between Raymar Investments S.A., an entity affiliated with Ms. Frangou, and UBS Financial Services Inc., which was adopted on December 9, 2025 and governed these reported purchases.
What common units of NMM are reported as beneficially owned by Angeliki Frangou?
Footnotes describe beneficial ownership including 3,183,199 common units indirectly through N Shipmanagement Acquisition Corp., 1,489,115 common units indirectly through three other affiliated entities, and 109,713 common units through Raymar Investments S.A. as of July 30, 2026, under the Rule 10b5-1 plan.
Does the Form 4 show both direct and indirect holdings for Angeliki Frangou in NMM?
Yes. The report shows 366,776 common units held directly, additional common units beneficially owned through several affiliated entities, and 622,296 general partnership units held indirectly via Olympos Maritime Ltd., giving a combined picture of her reported economic and governance exposure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
