Frangou Angeliki 4

What Happened Angeliki Frangou, CEO and Chairwoman of Navios Maritime Partners L.P. (NMM) and a reported 10% owner, acquired a total of 3,771 common units in three open-market purchases between March 19 and March 23, 2026. The trades were: 1,235 shares @ $67.00 on 3/19 ($82,740); 1,247 shares @ $66.71 on 3/20 ($83,183); and 1,289 shares @ $64.87 on 3/23 ($83,616). Aggregate spend across the three days was $249,539. These were purchases (acquisitions), executed through an affiliated entity, Raymar Investments S.A.

Key Details

• Transaction dates & reported weighted-average prices:
  • 2026-03-19: 1,235 shares @ $67.00 = $82,740 (intraday prices ranged $66.43–$67.47)
  • 2026-03-20: 1,247 shares @ $66.71 = $83,183 (intraday prices ranged $65.72–$67.06)
  • 2026-03-23: 1,289 shares @ $64.87 = $83,616 (intraday prices ranged $64.00–$65.38)
• Total shares bought: 3,771; total value: $249,539.
• Shares owned after each reporting date (beneficially, including indirect holdings):
  • As of 3/19: 4,676,205 common units
  • As of 3/20: 4,677,452 common units
  • As of 3/23: 4,678,741 common units
• Trades were made by Raymar Investments S.A., an entity affiliated with Ms. Frangou, pursuant to a Rule 10b5-1 trading plan adopted December 9, 2025, with UBS Financial Services Inc. (pre-specified plan).
• The filing does not show a late-report indicator; transactions were reported with the March 23, 2026 Form 4 (Period of Report: 2026-03-19).
• Additional note: Olympos Maritime Ltd. (affiliated with Ms. Frangou) is the general partner and holds 622,296 GP units (~2.1% of total units).

Context

• These purchases were effected under a Rule 10b5-1 plan, which means trades were pre-authorized according to a schedule/criteria set in advance; such plans can limit the extent to which trades reflect contemporaneous decisions. The filing reports weighted-average prices per day; the filer offers to provide detailed per-transaction prices and quantities on request. P = Purchase.