Frangou Angeliki 4

What Happened
Angeliki Frangou, CEO and Chairwoman of Navios Maritime Partners L.P. (NMM) and a 10% owner, acquired a total of 3,191 common units in three open‑market purchases: 1,072 units on 2026-07-28 at $78.59 ($84,246); 1,051 units on 2026-07-29 at $78.55 ($82,556); and 1,068 units on 2026-07-30 at $78.37 ($83,700). Total consideration across the three days was approximately $250,502. These were purchases (a buy signal) executed pursuant to a prearranged Rule 10b5‑1 plan.

Key Details

• Transaction dates & weighted-average prices/values:
  • 2026-07-28: 1,072 shares @ $78.59 — $84,246 (intraday prices ranged $77.73–$79.22)
  • 2026-07-29: 1,051 shares @ $78.55 — $82,556 (intraday prices ranged $77.63–$79.88)
  • 2026-07-30: 1,068 shares @ $78.37 — $83,700 (intraday prices ranged $77.65–$79.29)
• Trades effected through Raymar Investments S.A. (an entity affiliated with Ms. Frangou) under a Rule 10b5‑1 plan with UBS Financial Services Inc., adopted Dec 9, 2025.
• Beneficial ownership after the July 30 transaction (per filing): 4,782,027 common units — comprised of 3,183,199 units via N Shipmanagement Acquisition Corp., 1,489,115 units via three other affiliated entities, and 109,713 units held through Raymar Investments S.A.
• Additional note: Olympos Maritime Ltd. (affiliated with Ms. Frangou) is the general partner and holds 622,296 general partnership units (~2.1% interest).
• Filing was submitted on 2026-07-30 for transactions occurring 2026-07-28 to 07-30 (timely filing).

Context
These purchases were made under a 10b5‑1 trading plan (pre-scheduled trades), which allows insiders to buy or sell according to a preset plan and can reduce the implication that trades reflect immediate private views. Ms. Frangou is a significant long‑term holder via multiple affiliated entities; the recent buys are small relative to her total stake. The reporting person offers to provide full per-trade details upon request (per the filing).