Comparable stake leader
Armada Sponsor III LLC
Top holders, 13D/G large-stake signals, insider positions, and transaction flow tied to CIK 0002092897.
Comparable stake leader
Armada Sponsor III LLC
Disclosed value leader
Armada Sponsor III LLC
Comparable rows
35/50
Latest evidence
31 Mar 2026
Ownership snapshot
Grouped by holder across the latest SEC ownership disclosures. Start with comparable ownership when available, then verify the linked 13F, 13D/G, or 3/4/5 evidence.
Quick read
35 of 50 rows have a safely comparable ownership percentage. Use this as a filing-backed starting point, then open the detailed table for source links, reporting role, position value, share count, and filing date.
Ownership % is shown only when SEC disclosures are safely comparable across share classes.
| Holder | Evidence | Ownership % | Position | 12M Net Δ | As of |
|---|---|---|---|---|---|
| Armada Sponsor III LLC |
13D/G
3/4/5
10%+ Owner
|
25%
|
$86,441,812
8,652,834 shares
|
$0 | 17 Feb 2026 |
| Adage Capital Management, L.P. |
13D/G
|
7.9%
|
$20,229,750
2,025,000 shares
|
$0 | 31 Mar 2026 |
| Linden Capital L.P. |
13D/G
|
5.5%
|
—
1,400,000 shares
|
$0 | 23 Feb 2026 |
| ARISTEIA CAPITAL, L.L.C. |
13F
Company
|
4.9%
|
$16,500,055
1,656,632 shares
|
— | 31 Mar 2026 |
| LINDEN ADVISORS LP |
13F
Company
|
4.1%
|
$13,986,000
1,400,000 shares
|
— | 31 Mar 2026 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND |
13F
Company
|
3.2%
|
$10,989,000
1,100,000 shares
|
— | 31 Mar 2026 |
| Magnetar Financial LLC |
13F
Company
|
2.9%
|
$9,990,000
1,000,000 shares
|
— | 31 Mar 2026 |
| LMR Partners LLP |
13F
Company
|
2.9%
|
$9,960,000
1,000,000 shares
|
— | 31 Mar 2026 |
Rows are grouped by holder and ranked first by SEC-reported ownership % when it is safely comparable, then by disclosed holdings value. — indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.
Forms 3/4/5 flow
Insider buy and sell flow is broadly balanced over the last 12 months. No Buy or Sell transactions have been reported since 04 Aug 2025.
| Window (months) | Buy shares | Sell shares | Buy value | Sell value | Net value |
|---|---|---|---|---|---|
| 0-3 | 0 | 0 | $0 | $0 | $0 |
| 3-6 | 0 | 0 | $0 | $0 | $0 |
| 6-9 | 0 | 0 | $0 | $0 | $0 |
| 9-12 | 0 | 0 | $0 | $0 | $0 |
Reporting owners
Showing 1-6 of 6 reporting-owner rows connected to Armada Acquisition Corp. III. Open a relationship link for the CIK-to-CIK filing trail.
| Name | Relationship | Holdings Value | Past Year Net Change | Change % | Valuation | Report Date |
|---|---|---|---|---|---|---|
| Douglas M. Lurio | Officer, Director, 10%+ Owner | $3,992,000 | Mixed | 19 Feb 2026 | ||
| Stephen P. Herbert | Chief Executive Officer, Chairman, and Director, Director, 10%+ Owner | $3,992,000 | Mixed | 19 Feb 2026 | ||
| Mohammad Anwar Khan | Director | Mixed | 17 Feb 2026 | |||
| Armada Sponsor III LLC | 10%+ Owner | Mixed | 19 Feb 2026 | |||
| Celso L. White | Director | Mixed | 17 Feb 2026 | |||
| Thomas A. Decker | Director | Mixed | 17 Feb 2026 |
Showing up to 300 recent insider transactions from the last 12 months.
| Insider | Symbol | Class | Transaction | % | SEC-reported value | SEC-reported price | Shares | Shares owned | Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|---|
| Stephen P. Herbert | AACIU | Class B Ordinary Shares | Other | -4.01% | -345,083 | 8,252,834 | 19 Feb 2026 | Armada Sponsor III LLC | ||
| Douglas M. Lurio | AACIU | Class B Ordinary Shares | Other | -4.01% | -345,083 | 8,252,834 | 19 Feb 2026 | Armada Sponsor III LLC | ||
| Armada Sponsor III LLC | AACI | Class B Ordinary Shares | Other | -4.01% | -345,083 | 8,252,834 | 19 Feb 2026 | Direct |