NASDAQ:XRPN

Armada Acquisition . Ii Stock Insider Trading

*Your capital is at risk

$10.48

+0.0100 (+0.0955%)

At Close: Aug 10, 2026

Armada Acquisition . Ii Stock Insider Power

Based on the 56 latest insides trades, we have calculated the insider power to be positive at 100.00. In total, the insiders bought 67.83M and sold 32.77M XRPN shares in the last 56 trades. The insider score can be negative despite buy/sell ratio being positive. The score focuses on the quality of the trades.

Insider Power (Last 56 transactions)	100.00
● Buy	67.83M shares
● Sell	32.77M shares
70% Buy Activity Strong Negative Correlation
No Significant Signals No statistically significant buy or sell signals detected in recent insider data.

Historical Insider Trades

Date	Type	Person	Role	Amount
Aug 28, 2025 Buy	Common Stock J-Other	Danis Richard Insider	Other	0 Value: $0
Aug 12, 2025 Sell	Class A Ordinary Shares S-Sale	Lurio Douglas M Pres./cfo/sec.	C-Suite Officer	400 000 Value: $0
Aug 12, 2025 Sell	Class B Ordinary Shares J-Other	Lurio Douglas M Pres./cfo/sec.	C-Suite Officer	7 880 000 Value: $0
Aug 12, 2025 Sell	Private Placement Warrants J-Other	Lurio Douglas M Pres./cfo/sec.	C-Suite Officer	200 000 Value: $0
Aug 12, 2025 Sell	Class A Ordinary Shares S-Sale	Herbert Stephen P CEO	CEO / President	400 000 Value: $0
Aug 12, 2025 Sell	Class B Ordinary Shares J-Other	Herbert Stephen P CEO	CEO / President	7 880 000 Value: $0
Aug 12, 2025 Sell	Private Placement Warrants J-Other	Herbert Stephen P CEO	CEO / President	200 000 Value: $0
Aug 12, 2025 Sell	Class A Ordinary Shares S-Sale	Armada Sponsor Ii Llc 10 Percent Owner	10% Owner	400 000 Value: $0
Aug 12, 2025 Sell	Class B Ordinary Shares J-Other	Armada Sponsor Ii Llc 10 Percent Owner	10% Owner	7 880 000 Value: $0
Aug 12, 2025 Sell	Private Placement Warrants J-Other	Armada Sponsor Ii Llc 10 Percent Owner	10% Owner	200 000 Value: $0
May 22, 2025 Buy	Common Stock J-Other	Khan Mohammad A Insider	Other	0 Value: $0
May 22, 2025 Buy	Common Stock J-Other	Decker Thomas A Insider	Other	0 Value: $0
May 22, 2025 Buy	Class A Ordinary Shares	Herbert Stephen P Chief Executive Officer	CEO / President	0 Value: $0
May 22, 2025 Buy	Class B Ordinary Shares	Herbert Stephen P Chief Executive Officer	CEO / President	7 880 000 Value: $82.6M
May 22, 2025 Buy	Private Placement Warrants	Herbert Stephen P Chief Executive Officer	CEO / President	200 000 Value: $2.10M
May 22, 2025 Buy	Class A Ordinary Shares	Armada Sponsor Ii Llc 10 Percent Owner	10% Owner	0 Value: $0
May 22, 2025 Buy	Class B Ordinary Shares	Armada Sponsor Ii Llc 10 Percent Owner	10% Owner	7 880 000 Value: $82.6M
May 22, 2025 Buy	Private Placement Warrants	Armada Sponsor Ii Llc 10 Percent Owner	10% Owner	200 000 Value: $2.10M
May 22, 2025 Buy	Common Stock J-Other	White Celso L. Insider	Other	0 Value: $0
May 22, 2025 Buy	Class A Ordinary Shares	Lurio Douglas M See Remark	Officer	0 Value: $0
May 22, 2025 Buy	Class B Ordinary Shares	Lurio Douglas M See Remark	Officer	7 880 000 Value: $82.6M
May 22, 2025 Buy	Private Placement Warrants	Lurio Douglas M See Remark	Officer	200 000 Value: $2.10M
Aug 15, 2024 Sell	Common Stock D-Return	Lurio Douglas M Pres, Sec And Treas	Officer	403 941 Value: $0
Aug 15, 2024 Sell	Common Stock D-Return	Herbert Stephen P Chief Executive Officer	CEO / President	298 436 Value: $0
Aug 15, 2024 Sell	Common Stock D-Return	Decker Thomas A Director	Director	125 000 Value: $0

About Insider Power

Insider Power is a proprietary algorithm developed by StockInvest.us to evaluate the significance of insider transactions. The calculation considers the size, type, and timing of transactions, as well as the insider’s role within the company.

It is important to note that, in general, there is little to no correlation between insider transactions and short-term stock price movements. In one of our studies, only 0.22%^* of stocks with insider activity showed a measurable correlation — and even then, it was unclear whether the effect was caused by insider actions or simply by the stock’s broader trend.

While our algorithms are designed to highlight potentially meaningful signals, these cannot be regarded as statistically significant on their own. Insider trading activity should therefore be seen as informative rather than as direct trading guidance. The Insider Power metric was created to present this information in a clearer and more accessible way, helping investors better understand the possible context of insider activity.

* October 6th, 2025 - Tested on 5562 stocks