Armada Sponsor III LLC - 17 Feb 2026 Form 3 Insider Report for Armada Acquisition Corp. III (AACI)

Role: 10%+ Owner
Signature: /s/ Stephen P. Herbert, Managing Member of Armada Sponsor III LLC
Issuer symbol: AACI
Transactions as of: 17 Feb 2026
Net transactions value: $0
Form type: 3
Filing time: 20 Feb 2026, 20:27:11 UTC
Next filing: 23 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Armada Sponsor III LLC	10%+ Owner	C/O ARMADA ACQUISITION CORP. III, 1760 MARKET STREET, SUITE 602, PHILADELPHIA	/s/ Stephen P. Herbert, Managing Member of Armada Sponsor III LLC	20 Feb 2026	0002088641

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	AACI	Class A Ordinary Shares						400,000	17 Feb 2026	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	AACI	Class B Ordinary Shares							17 Feb 2026	Class A Ordinary Shares	8,597,917		Direct	F3
holding	AACI	Private Placement Warrants							17 Feb 2026	Class A Ordinary Shares	200,000		Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 400,000 Class A Ordinary Shares (the "Private Placement Shares") of Armada Acquisition Corp. III (the "Issuer") that are included in the 400,000 private placement units (the "Private Placement Units") of the Issuer purchased by Armada Sponsor III LLC (the "Sponsor"), which shares will be transferred to the non-managing investors (as defined in the registration statement on Form S-1 (File No. 333-291013) (the "Registration Statement")) and to the managing members of the Sponsor only upon consummation of an initial business combination.
F2	Each Private Placement Unit is comprised of one Private Placement Share and one-half of one private placement warrant of the Issuer (the "Private Placement Warrants"), each whole Private Placement Warrant will be exercisable to purchase one Private Placement Share. Does not include any Private Placement Shares issuable upon the exercise of Private Placement Warrants.
F3	The Class B Ordinary Shares have no expiration date and will automatically convert into Class A Ordinary Shares at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis.
F4	Represents Private Placement Warrants included in the 400,000 Private Placement Units.
F5	Each Private Placement Warrant is exercisable for cash or on a cashless basis, as described in the Registration Statement. Assuming an exercise for cash, 200,000 Private Placement Shares would be issued upon exercise of the Private Placement Warrants. The Private Placement Warrants expire five (5) years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation of the Issuer, as described in the Registration Statement.