# EDGAR Filing Document

**Accession Number:** 0001310495
**File Stem:** 0001193125-26-108952
**Filing Date:** 2026-3
**Character Count:** 11417
**Document Hash:** 94ac1bfa9958eff5181602847925ee05
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-108952.hdr.sgml**: 20260316

**ACCESSION NUMBER**: 0001193125-26-108952

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 4

**FILED AS OF DATE**: 20260316

**DATE AS OF CHANGE**: 20260316

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Navios Maritime Partners L.P.
- **CENTRAL INDEX KEY:** 0001415921
- **STANDARD INDUSTRIAL CLASSIFICATION:** DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 980384348
- **STATE OF INCORPORATION:** 1T
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-83378
- **FILM NUMBER:** 26758776

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 85 AKTI MIAOULI
- **CITY:** PIRAEUS 18538
- **PROVINCE COUNTRY:** J3
- **BUSINESS PHONE:** 37797982140

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 85 AKTI MIAOULI
- **CITY:** PIRAEUS 18538
- **PROVINCE COUNTRY:** J3
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Frangou Angeliki
- **CENTRAL INDEX KEY:** 0001310495

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 85 AKTI MIAOULI
- **CITY:** 18538 PIRAEUS
- **PROVINCE COUNTRY:** J3

### Attached PDF Documents

**Attachment 1:** `ck0000000000-ex99_4.pdf`

_No text found in this document._

**Attachment 2:** `ck0000000000-ex99_5.pdf`

_No text found in this document._

**Attachment 3:** `ck0000000000-ex99_6.pdf`

_No text found in this document._

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 4)**

**Navios Maritime Partners L.P.**

*(Name of Issuer)*

**Common Units representing limited partner interests**

*(Title of Class of Securities)*

**—**

*(CUSIP Number)*

**Vasiliki Papaefthymiou**<br>c/o Navios Shipmanagement Inc.<br>85 Akti Miaouli<br>Piraeus J3 18538<br>(30) 2104595000

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**03/12/2026**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **—** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Angeliki Frangou** | Name of reporting person<br>**Angeliki Frangou** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**J3** | Citizenship or place of organization<br>**J3** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**5039090.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**5039090.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**5039090.00** | Aggregate amount beneficially owned by each reporting person<br>**5039090.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**17.7%** | Percent of class represented by amount in Row (11)<br>**17.7%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** (1) The number of Common Units beneficially owned by Ms. Frangou includes 3,183,199 Common Units owned indirectly through N Shipmanagement Acquisition Corp., an entity affiliated with her, as well as 1,489,115 Common Units in aggregate owned indirectly through three other entities affiliated with her. In addition, Olympos Maritime Ltd., an entity affiliated with Ms. Frangou, is the general partner of the Issuer (the "General Partner"). As of March 12, 2026, the General Partner owns 622,296 general partnership units, representing an approximately 2.1% ownership interest in the Issuer based on all outstanding Common Units and general partnership units.
(2) Based on 28,546,011 Common Units of the Issuer outstanding as of March 5, 2026, based on information provided in the Issuer's Form 20-F, filed with the Securities and Exchange Commission on March 12, 2026.

| **CUSIP No.** | **—** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**N Shipmanagement Acquisition Corp.** | Name of reporting person<br>**N Shipmanagement Acquisition Corp.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**1T** | Citizenship or place of organization<br>**1T** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**3183199.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**3183199.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**3183199.00** | Aggregate amount beneficially owned by each reporting person<br>**3183199.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**11.2%** | Percent of class represented by amount in Row (11)<br>**11.2%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Comment for Reporting Person:** (1) Based on  28,546,011 Common Units of the Issuer outstanding as of March 5, 2026, based on information provided in the Issuer's Form 20-F, filed with the Securities and Exchange Commission on March 12, 2026.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Units representing limited partner interests

**(b) Name of Issuer:**
Navios Maritime Partners L.P.

**(c) Address of Issuer's Principal Executive Offices:**
c/o Navios Shipmanagement Inc., 85 AKTI MIAOULI, Piraeus, J3, 18538

This Amendment No. 4 ("Amendment No. 4") amends and supplements the Schedule 13D filed by Ms. Angeliki Frangou on October 26, 2021 (the "Original Schedule 13D"), as previously amended and supplemented by Amendment No. 1 filed on January 11, 2024, Amendment No. 2 filed on February 13, 2024, and Amendment No. 3 filed on March 6, 2024, relating to the common units ("Common Units") of Navios Maritime Partners L.P. (the "Issuer"). The Original Schedule 13D together with each of the Amendments thereto is referred to herein as the "Schedule 13D." Capitalized terms used herein and not otherwise defined shall have the same meanings ascribed to them in the Original Schedule 13D.

**Item 4. Purpose of Transaction**

The last paragraph of Item 4 in Amendment No. 2 to the Schedule 13D is deleted in its entirety.

**Item 5. Interest in Securities of the Issuer**

**(a)**
Items 5(c) and 5(d) of the Schedule 13D are each hereby supplemented to include the following:

The information contained in Item 6 under the heading "Pledge Agreements" is hereby incorporated by reference.

**(b)**
—

**(c)**
—

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Item 6 of the Schedule 13D is hereby supplemented to include the following:

10b5-1 Plan

As disclosed in Amendment No. 2 to the Schedule 13D, Ms. Frangou intends, from time to time, through one or more of her investment vehicles, to purchase Common Units, including in open market transactions, block trades or otherwise.  Raymar Investments S.A., an entity wholly-owned by Ms. Frangou, has entered into a Rule 10b5-1 trading plan with UBS Financial Services Inc. for the purpose of purchasing up to an aggregate $30,000,000 of Common Units (the "10b5-1 Plan").  The 10b5-1 Plan was designed to ensure that purchases are made in accordance with Rule 10b-18 under the Securities Exchange Act of 1934.  A copy of the Plan is attached hereto as Exhibit 4.

Pledge Agreements

As disclosed in the Amendment No. 1 to the Schedule 13D filed on January 9, 2024, in connection with a facilities agreement (the "Facilities Agreement") between Amadeus Maritime S.A., which is indirectly wholly owned by Ms. Frangou ("Amadeus"), (as borrower) and Piraeus Bank S.A. (as lender), Amadeus and Ms. Frangou (as guarantor under the Facilities Agreement) pledged and granted securities interests in 12,772 Common Units and 366,775 Common Units, respectively. In connection with the amendment and restatement of the Facilities Agreement (the "Amended Facilities Agreement"),  the pledges and securities interests referred to in the preceding sentence were terminated, and Ms. Frangou and certain entities that are wholly-owned by Ms. Frangou pledged an equal number of Common Units under new pledge agreements.  The pledgors retain all voting rights and are entitled to receive all cash distributions with respect to the pledged units. The pledge agreements contain default and similar provisions that are standard for such agreements. Copies of the Pledge Agreements are attached hereto as Exhibits 5 and 6.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Angeliki Frangou

**Signature:** /s/ Angeliki Frangou

**Name/Title:** Angeliki Frangou

**Date:** 03/16/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** N Shipmanagement Acquisition Corp.

**Signature:** By: /s/ Sofia Dimitrantzou

**Name/Title:** Sofia Dimitrantzou, Secretary

**Date:** 03/16/2026