STOCK TITAN

Navios Maritime Partners L.P. (NMM) CEO in 10b5-1 unit buys

(Moderate)
(Positive)
Form Type
4

Rhea-AI Filing Summary

Navios Maritime Partners L.P. reports that entities affiliated with CEO and Chairwoman Angeliki Frangou purchased a total of 2,524 common units in three indirect purchases on July 31, August 3 and 4, 2026, at reported per‑unit prices of $80.0000, $79.9126 and $78.9391, respectively, under a Rule 10b5-1 trading plan between Raymar Investments S.A. and UBS Financial Services Inc. She also reports direct ownership of 366,776.0000 common units and indirect ownership of 622,296.0000 general partnership units through an affiliated general partner, plus additional common units held via several other affiliated entities.

Positive

  • None.

Negative

  • None.
Insider Frangou Angeliki
Role See Remarks
Bought 2,524 shs ($201K)
Type Security Shares Price Value
Purchase Common Unit F1, F2, F5 1,041 $78.9391 $82K
Purchase Common Unit F1, F2, F4 653 $79.9126 $52K
Purchase Common Unit F1, F3 830 $80.00 $66K
holding Common Unit -- -- --
holding General Partnership Unit F6 -- -- --
Holdings After Transaction: Common Unit — 4,784,551 shares (Indirect, See footnote); Common Unit — 366,776 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 were effected in multiple transactions each day at prices ranging from (1) $79.61 to $80.00 on August 3, 2026 and (2) $77.45 to $80.00 on August 4, 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) 110,543 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 31, 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) 111,196 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 August 3, 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) 112,237 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 August 4, 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 August 4, 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.
Purchase on 2026-08-04 1041.0000 common units at $78.9391 Indirect purchase of common units by affiliated entity under Rule 10b5-1 plan
Purchase on 2026-08-03 653.0000 common units at $79.9126 Indirect purchase; price is a weighted average across multiple trades that day
Purchase on 2026-07-31 830.0000 common units at $80.0000 Indirect purchase of common units by an affiliated entity
Total common units purchased 2524 common units Sum of three indirect purchases reported for late July and early August 2026
Direct common units held 366776.0000 common units Direct ownership position reported as of 2026-07-31
General partnership units held 622296.0000 units (2.1% interest) Indirectly held by Olympos Maritime Ltd. as general partner as of 2026-08-04
Indirect units via N Shipmanagement 3183199 common units Part of common units beneficially owned indirectly through N Shipmanagement Acquisition Corp.
Rule 10b5-1 trading plan regulatory
"pursuant to a Rule 10b5-1 trading plan between Raymar Investments S.A. and UBS"
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
"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"

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FAQ

What insider purchases did Navios Maritime Partners (NMM) disclose in this Form 4?

Navios Maritime Partners disclosed that entities affiliated with CEO Angeliki Frangou bought 2,524 common units in three indirect purchases on July 31, August 3 and August 4, 2026, at reported prices around $80 per unit under a Rule 10b5-1 trading plan.

At what prices were the Navios Maritime Partners (NMM) units acquired?

The affiliated entities acquired Navios Maritime Partners common units at reported prices of $80.0000 on July 31, $79.9126 on August 3 and $78.9391 on August 4, 2026. Footnotes state that the August 3 and 4 prices are weighted average purchase prices across multiple trades.

Were the Navios Maritime Partners (NMM) insider trades made under a Rule 10b5-1 plan?

Yes. The filing and footnotes state the purchases 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., adopted on December 9, 2025.

How many Navios Maritime Partners (NMM) common units does Angeliki Frangou hold directly?

As of July 31, 2026, Angeliki Frangou reports 366,776.0000 common units held directly. Separate footnotes describe additional common units beneficially owned indirectly through N Shipmanagement Acquisition Corp., three other affiliated entities, and Raymar Investments S.A.

What general partnership interest in Navios Maritime Partners (NMM) is reported?

An affiliated entity, Olympos Maritime Ltd., as general partner, holds 622,296.0000 general partnership units of Navios Maritime Partners L.P. As of August 4, 2026, this represents an approximately 2.1% ownership interest in NMM based on all outstanding common and general partnership units.

How are the indirect holdings of Navios Maritime Partners (NMM) units structured for Angeliki Frangou?

Footnotes explain that Angeliki Frangou’s beneficial ownership includes 3,183,199 common units via N Shipmanagement Acquisition Corp., 1,489,115 common units through three other affiliated entities, and over 110,000 common units via Raymar Investments S.A. under a Rule 10b5-1 plan.
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)
07/31/2026
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 Unit07/31/2026P(1)830A$804,782,857ISee footnote(3)
Common Unit08/03/2026P(1)653A$79.9126(2)4,783,510ISee footnote(4)
Common Unit08/04/2026P(1)1,041A$78.9391(2)4,784,551ISee footnote(5)
Common Unit366,776D
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 were effected in multiple transactions each day at prices ranging from (1) $79.61 to $80.00 on August 3, 2026 and (2) $77.45 to $80.00 on August 4, 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) 110,543 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 31, 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) 111,196 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 August 3, 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) 112,237 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 August 4, 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 August 4, 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 Director08/04/2026
** 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)