Frangou Angeliki 4

What Happened
Angeliki Frangou, Chief Executive Officer and Chairwoman of Navios Maritime Partners L.P. (NMM) and a reported 10% owner, purchased a total of 3,348 NMM common units in open‑market purchases on July 15–17, 2026. The daily trades were: 1,118 shares at $74.36 ($83,136) on July 15; 1,111 shares at $75.13 ($83,469) on July 16; and 1,119 shares at $72.62 ($81,260) on July 17 — totaling approximately $247,865. These were purchases (a bullish signal in straightforward terms) effected under a Rule 10b5‑1 trading plan.

Key Details

• Transaction dates and weighted‑average prices: Jul 15 — 1,118 @ $74.36; Jul 16 — 1,111 @ $75.13; Jul 17 — 1,119 @ $72.62.
• Intraday price ranges (multiple fills): Jul 15 — $73.47–$75.85; Jul 16 — $74.75–$75.54; Jul 17 — $71.82–$73.47. Reporting person can provide the full per‑trade breakdown on request.
• Purchases were made by Raymar Investments S.A. (an entity affiliated with Ms. Frangou) pursuant to a Rule 10b5‑1 plan adopted Dec 9, 2025, and executed through UBS Financial Services Inc. (footnote).
• Beneficial ownership after transactions (includes indirect holdings): Jul 15 — 4,769,901 units; Jul 16 — 4,771,012 units; Jul 17 — 4,772,131 units.
• Additional note: Olympos Maritime Ltd., affiliated with Ms. Frangou, is NMM’s general partner and holds 622,296 GP units (~2.1% economic interest).
• Filing: Form 4 filed Jul 17, 2026; no indication in the filing that the report was late.

Context

• These purchases were made under a prearranged 10b5‑1 plan, which means trades were scheduled in advance and are generally designed to avoid issues with trading on material nonpublic information.
• As both CEO/Chair and a significant owner, Frangou’s buys increase her reported beneficial stake modestly; purchases by insiders can be of interest to retail investors but do not by themselves prove a change in company prospects.