ARR

SEC source: 0001698344-25-000003 · wk-form4_1764111094.xml · nonDerivative · entry 1

Harper Gordon · CIK 0001698344 · CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 25,452

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On November 21, 2025, the reporting person elected to convert 2,674 of the 4,000 shares of vested phantom stock into 2,674 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,326 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,000 shares are part of, and relate to phantom stock vesting over a six year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021, phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on February 16, 2023, phantom stock vesting over a three year period which was reported on a Form 4 report filed by the reporting person on May 16, 2024 and phantom stock vesting over a five-year period, which was reported on a Form 4 report filed by the reporting person on April 30, 2025.

SEC source: 0001377714-25-000003 · wk-form4_1764111009.xml · derivative · entry 3

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,200

Underlying: Common Stock · 540 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On November 21, 2025, the reporting person elected to convert 270 of the 540 shares of vested phantom stock into 270 shares of ARMOUR common stock. The reporting person elected to convert the remaining 270 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 540 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

F1 · derivative.expiration_date: On November 21, 2025, the reporting person elected to convert 270 of the 540 shares of vested phantom stock into 270 shares of ARMOUR common stock. The reporting person elected to convert the remaining 270 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 540 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

SEC source: 0001377714-25-000003 · wk-form4_1764111009.xml · nonDerivative · entry 2

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,843

F1 · kind: On November 21, 2025, the reporting person elected to convert 270 of the 540 shares of vested phantom stock into 270 shares of ARMOUR common stock. The reporting person elected to convert the remaining 270 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 540 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

F2 · balance_after: 6,563 of these shares are owned jointly with the spouse of the reporting person.

SEC source: 0001377714-25-000003 · wk-form4_1764111009.xml · nonDerivative · entry 1

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,113

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On November 21, 2025, the reporting person elected to convert 270 of the 540 shares of vested phantom stock into 270 shares of ARMOUR common stock. The reporting person elected to convert the remaining 270 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 540 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

SEC source: 0001248587-25-000003 · wk-form4_1764110719.xml · derivative · entry 3

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,200

Underlying: Common Stock · 540 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On November 21, 2025, the reporting person elected to convert 324 of the 520 shares of vested phantom stock into 324 shares of ARMOUR common stock. The reporting person elected to convert the remaining 216 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 540 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

F1 · derivative.expiration_date: On November 21, 2025, the reporting person elected to convert 324 of the 520 shares of vested phantom stock into 324 shares of ARMOUR common stock. The reporting person elected to convert the remaining 216 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 540 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

SEC source: 0001248587-25-000003 · wk-form4_1764110719.xml · nonDerivative · entry 2

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,457

F1 · kind: On November 21, 2025, the reporting person elected to convert 324 of the 520 shares of vested phantom stock into 324 shares of ARMOUR common stock. The reporting person elected to convert the remaining 216 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 540 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

SEC source: 0001248587-25-000003 · wk-form4_1764110719.xml · nonDerivative · entry 1

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,673

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On November 21, 2025, the reporting person elected to convert 324 of the 520 shares of vested phantom stock into 324 shares of ARMOUR common stock. The reporting person elected to convert the remaining 216 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 540 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

SEC source: 0001207637-25-000006 · wk-form4_1764110507.xml · derivative · entry 3

PAPERIN STEWART J · CIK 0001207637 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,200

Underlying: Common Stock · 540 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On November 21, 2025, the reporting person elected to convert 540 shares of vested phantom stock into 540 shares of ARMOUR common stock. The 540 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

F1 · derivative.expiration_date: On November 21, 2025, the reporting person elected to convert 540 shares of vested phantom stock into 540 shares of ARMOUR common stock. The 540 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

SEC source: 0001207637-25-000006 · wk-form4_1764110507.xml · nonDerivative · entry 1

PAPERIN STEWART J · CIK 0001207637 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 6,386

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On November 21, 2025, the reporting person elected to convert 540 shares of vested phantom stock into 540 shares of ARMOUR common stock. The 540 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

F2 · ownership.nature: Represents shares owned indirectly through the Stewart J. Paperin Family Trust. Mr. Paperin has a pecuniary interest in and investment control over the shares held by the Trust.

SEC source: 0001306260-25-000004 · wk-form4_1764110479.xml · derivative · entry 2

Behar Z Jamie · CIK 0001306260 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,200

Underlying: Common Stock · 540 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On November 21, 2025, the reporting person elected to convert 540 of the 540 shares of vested phantom stock into 540 shares of ARMOUR common stock. The 540 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

F1 · derivative.expiration_date: On November 21, 2025, the reporting person elected to convert 540 of the 540 shares of vested phantom stock into 540 shares of ARMOUR common stock. The 540 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

SEC source: 0001306260-25-000004 · wk-form4_1764110479.xml · nonDerivative · entry 1

Behar Z Jamie · CIK 0001306260 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,501

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On November 21, 2025, the reporting person elected to convert 540 of the 540 shares of vested phantom stock into 540 shares of ARMOUR common stock. The 540 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

SEC source: 0001455810-25-000004 · wk-form4_1759436996.xml · nonDerivative · entry 1

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 24,212

F1 · kind: On October 1, 2025, the reporting person received 1,104 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. The reporting person may elect to receive $16,500 of the reporting person's total quarterly compensation (or $66,000 on an annual basis) paid in common stock, cash, or a combination of stock and cash at the option of the director. The 1,104 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001207637-25-000005 · wk-form4_1759436913.xml · nonDerivative · entry 1

PAPERIN STEWART J · CIK 0001207637 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 5,846

F1 · kind: On October 1, 2025, the reporting person received 1,104 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. The reporting person may elect to receive $16,500 of the reporting person's total quarterly compensation (or $66,000 on an annual basis) paid in common stock, cash, or a combination of stock and cash at the option of the director. The 1,104 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F2 · ownership.nature: Represents shares owned indirectly through the Stewart J. Paperin Family Trust. Mr. Paperin has a pecuniary interest in and investment control over the shares held by the Trust.

SEC source: 0001428205-25-000205 · wk-form4_1755896348.xml · derivative · entry 4

STATON DANIEL C · CIK 0001024240 · Director · Chairman of the Board

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,190

Underlying: Common Stock · 480 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F3 · derivative.exercise_date: On August 21, 2025, the reporting person elected to convert 480 of the 480 shares of vested phantom stock into 480 shares of ARMOUR common stock. The 480 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021.

F3 · derivative.expiration_date: On August 21, 2025, the reporting person elected to convert 480 of the 480 shares of vested phantom stock into 480 shares of ARMOUR common stock. The 480 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021.

SEC source: 0001428205-25-000205 · wk-form4_1755896348.xml · derivative · entry 3

STATON DANIEL C · CIK 0001024240 · Director · Chairman of the Board

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,670

Underlying: Common Stock · 520 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On August 21, 2025, the reporting person elected to convert 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

F1 · derivative.expiration_date: On August 21, 2025, the reporting person elected to convert 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

SEC source: 0001428205-25-000205 · wk-form4_1755896348.xml · nonDerivative · entry 2

STATON DANIEL C · CIK 0001024240 · Director · Chairman of the Board

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote.

Disclosed balance after: 28,260

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · kind: On August 21, 2025, the reporting person elected to convert 480 of the 480 shares of vested phantom stock into 480 shares of ARMOUR common stock. The 480 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021.

F2 · ownership.nature: Represents shares owned indirectly through DM Staton Family Limited Partnership. The reporting person is a general partner and a limited partner of DM Staton Family Limited Partnership. The reporting person has a pecuniary interest in the shares held by DM Staton Family Limited Partnership.

SEC source: 0001428205-25-000205 · wk-form4_1755896348.xml · nonDerivative · entry 1

STATON DANIEL C · CIK 0001024240 · Director · Chairman of the Board

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote.

Disclosed balance after: 27,780

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On August 21, 2025, the reporting person elected to convert 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

F2 · ownership.nature: Represents shares owned indirectly through DM Staton Family Limited Partnership. The reporting person is a general partner and a limited partner of DM Staton Family Limited Partnership. The reporting person has a pecuniary interest in the shares held by DM Staton Family Limited Partnership.

SEC source: 0001428205-25-000203 · wk-form4_1755896268.xml · derivative · entry 4

BELL MARC H · CIK 0001026915 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,190

Underlying: Common Stock · 480 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F2 · derivative.exercise_date: On August 21, 2025, the reporting person elected to convert 480 of the 480 shares of vested phantom stock into 480 shares of ARMOUR common stock. The 480 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

F2 · derivative.expiration_date: On August 21, 2025, the reporting person elected to convert 480 of the 480 shares of vested phantom stock into 480 shares of ARMOUR common stock. The 480 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

SEC source: 0001428205-25-000203 · wk-form4_1755896268.xml · derivative · entry 3

BELL MARC H · CIK 0001026915 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,670

Underlying: Common Stock · 520 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On August 21, 2025, the reporting person elected to convert 520 of the 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on February 14, 2023 and phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021.

F1 · derivative.expiration_date: On August 21, 2025, the reporting person elected to convert 520 of the 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on February 14, 2023 and phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021.

SEC source: 0001428205-25-000203 · wk-form4_1755896268.xml · nonDerivative · entry 2

BELL MARC H · CIK 0001026915 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,838

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · kind: On August 21, 2025, the reporting person elected to convert 480 of the 480 shares of vested phantom stock into 480 shares of ARMOUR common stock. The 480 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

SEC source: 0001428205-25-000203 · wk-form4_1755896268.xml · nonDerivative · entry 1

BELL MARC H · CIK 0001026915 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,358

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On August 21, 2025, the reporting person elected to convert 520 of the 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on February 14, 2023 and phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021.

SEC source: 0001428205-25-000202 · wk-form4_1755896229.xml · derivative · entry 3

Macauley Desmond · CIK 0002016620 · Co-Chief Investment Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 27,000

Underlying: Common Stock · 1,500 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · kind: On August 21, 2025, the reporting person elected to convert 1,124 of the 1,500 shares of vested phantom stock into 1,124 shares of ARMOUR common stock. The reporting person elected to convert the remaining 376 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,500 shares are part of, and relate to, phantom stock vesting over a five-year period, which was reported on a Form 4 report filed by the reporting person on April 30, 2025.

F1 · derivative.exercise_date: On August 21, 2025, the reporting person elected to convert 1,124 of the 1,500 shares of vested phantom stock into 1,124 shares of ARMOUR common stock. The reporting person elected to convert the remaining 376 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,500 shares are part of, and relate to, phantom stock vesting over a five-year period, which was reported on a Form 4 report filed by the reporting person on April 30, 2025.

F1 · derivative.expiration_date: On August 21, 2025, the reporting person elected to convert 1,124 of the 1,500 shares of vested phantom stock into 1,124 shares of ARMOUR common stock. The reporting person elected to convert the remaining 376 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,500 shares are part of, and relate to, phantom stock vesting over a five-year period, which was reported on a Form 4 report filed by the reporting person on April 30, 2025.

SEC source: 0001428205-25-000202 · wk-form4_1755896229.xml · nonDerivative · entry 2

Macauley Desmond · CIK 0002016620 · Co-Chief Investment Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,234

F1 · kind: On August 21, 2025, the reporting person elected to convert 1,124 of the 1,500 shares of vested phantom stock into 1,124 shares of ARMOUR common stock. The reporting person elected to convert the remaining 376 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,500 shares are part of, and relate to, phantom stock vesting over a five-year period, which was reported on a Form 4 report filed by the reporting person on April 30, 2025.

SEC source: 0001428205-25-000202 · wk-form4_1755896229.xml · nonDerivative · entry 1

Macauley Desmond · CIK 0002016620 · Co-Chief Investment Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,610

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On August 21, 2025, the reporting person elected to convert 1,124 of the 1,500 shares of vested phantom stock into 1,124 shares of ARMOUR common stock. The reporting person elected to convert the remaining 376 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,500 shares are part of, and relate to, phantom stock vesting over a five-year period, which was reported on a Form 4 report filed by the reporting person on April 30, 2025.

SEC source: 0001428205-25-000201 · wk-form4_1755896164.xml · derivative · entry 3

Losyev Sergey · CIK 0002016863 · Co-Chief Investment Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 27,000

Underlying: Common Stock · 1,500 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · kind: On August 21, 2025, the reporting person elected to convert 1,226 of the 1,500 shares of vested phantom stock into 1,226 shares of ARMOUR common stock. The reporting person elected to convert the remaining 274 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,500 shares are part of, and relate to phantom stock vesting over a five year period, which was reported on a Form 4 report filed by the reporting person on April 30, 2025.

F1 · derivative.exercise_date: On August 21, 2025, the reporting person elected to convert 1,226 of the 1,500 shares of vested phantom stock into 1,226 shares of ARMOUR common stock. The reporting person elected to convert the remaining 274 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,500 shares are part of, and relate to phantom stock vesting over a five year period, which was reported on a Form 4 report filed by the reporting person on April 30, 2025.

F1 · derivative.expiration_date: On August 21, 2025, the reporting person elected to convert 1,226 of the 1,500 shares of vested phantom stock into 1,226 shares of ARMOUR common stock. The reporting person elected to convert the remaining 274 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,500 shares are part of, and relate to phantom stock vesting over a five year period, which was reported on a Form 4 report filed by the reporting person on April 30, 2025.

SEC source: 0001428205-25-000201 · wk-form4_1755896164.xml · nonDerivative · entry 2

Losyev Sergey · CIK 0002016863 · Co-Chief Investment Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,505.539

F1 · kind: On August 21, 2025, the reporting person elected to convert 1,226 of the 1,500 shares of vested phantom stock into 1,226 shares of ARMOUR common stock. The reporting person elected to convert the remaining 274 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,500 shares are part of, and relate to phantom stock vesting over a five year period, which was reported on a Form 4 report filed by the reporting person on April 30, 2025.

F2 · ownership.direct: 60.539 shares are held in reporting person's self-directed rollover IRA account, 7.695 of which were acquired through dividend reinvestment.

SEC source: 0001428205-25-000201 · wk-form4_1755896164.xml · nonDerivative · entry 1

Losyev Sergey · CIK 0002016863 · Co-Chief Investment Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,779.539

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On August 21, 2025, the reporting person elected to convert 1,226 of the 1,500 shares of vested phantom stock into 1,226 shares of ARMOUR common stock. The reporting person elected to convert the remaining 274 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,500 shares are part of, and relate to phantom stock vesting over a five year period, which was reported on a Form 4 report filed by the reporting person on April 30, 2025.

F2 · ownership.direct: 60.539 shares are held in reporting person's self-directed rollover IRA account, 7.695 of which were acquired through dividend reinvestment.

SEC source: 0001428205-25-000200 · wk-form4_1755896113.xml · derivative · entry 3

ULM SCOTT · CIK 0001469064 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 43,630

Underlying: Common Stock · 3,380 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On August 21, 2025, the reporting person elected to convert 2,028 of the 3,380 shares of vested phantom stock into 2,028 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,352 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 3,380 shares are part of, and relate to phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021 and phantom stock vesting over a seven-year period, which was reported on a Form 4 report filed by the reporting person on February 16, 2023.

F1 · derivative.expiration_date: On August 21, 2025, the reporting person elected to convert 2,028 of the 3,380 shares of vested phantom stock into 2,028 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,352 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 3,380 shares are part of, and relate to phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021 and phantom stock vesting over a seven-year period, which was reported on a Form 4 report filed by the reporting person on February 16, 2023.

SEC source: 0001428205-25-000200 · wk-form4_1755896113.xml · nonDerivative · entry 2

ULM SCOTT · CIK 0001469064 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 70,774

F1 · kind: On August 21, 2025, the reporting person elected to convert 2,028 of the 3,380 shares of vested phantom stock into 2,028 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,352 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 3,380 shares are part of, and relate to phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021 and phantom stock vesting over a seven-year period, which was reported on a Form 4 report filed by the reporting person on February 16, 2023.

SEC source: 0001428205-25-000200 · wk-form4_1755896113.xml · nonDerivative · entry 1

ULM SCOTT · CIK 0001469064 · Director · CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 72,126

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On August 21, 2025, the reporting person elected to convert 2,028 of the 3,380 shares of vested phantom stock into 2,028 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,352 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 3,380 shares are part of, and relate to phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021 and phantom stock vesting over a seven-year period, which was reported on a Form 4 report filed by the reporting person on February 16, 2023.

SEC source: 0001428205-25-000199 · wk-form4_1755896060.xml · derivative · entry 3

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,740

Underlying: Common Stock · 520 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On August 21, 2025, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert the remaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

F1 · derivative.expiration_date: On August 21, 2025, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert the remaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

SEC source: 0001428205-25-000199 · wk-form4_1755896060.xml · nonDerivative · entry 2

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,108

F1 · kind: On August 21, 2025, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert the remaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

SEC source: 0001428205-25-000199 · wk-form4_1755896060.xml · nonDerivative · entry 1

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,368

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On August 21, 2025, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert the remaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

SEC source: 0001428205-25-000209 · wk-form4_1755896575.xml · derivative · entry 2

Behar Z Jamie · CIK 0001306260 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,740

Underlying: Common Stock · 520 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On August 21, 2025, the reporting person elected to convert 520 of the 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

F1 · derivative.expiration_date: On August 21, 2025, the reporting person elected to convert 520 of the 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

SEC source: 0001428205-25-000209 · wk-form4_1755896575.xml · nonDerivative · entry 1

Behar Z Jamie · CIK 0001306260 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,961

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On August 21, 2025, the reporting person elected to convert 520 of the 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

SEC source: 0001428205-25-000208 · wk-form4_1755896546.xml · derivative · entry 3

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,740

Underlying: Common Stock · 520 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On August 21, 2025, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert the remaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

F1 · derivative.expiration_date: On August 21, 2025, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert the remaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

SEC source: 0001428205-25-000208 · wk-form4_1755896546.xml · nonDerivative · entry 2

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,573

F1 · kind: On August 21, 2025, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert the remaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

F2 · balance_after: 6,563 of these shares are owned jointly with the spouse of the reporting person.

SEC source: 0001428205-25-000208 · wk-form4_1755896546.xml · nonDerivative · entry 1

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,833

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On August 21, 2025, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert the remaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

SEC source: 0001428205-25-000194 · wk-form4_1755895504.xml · derivative · entry 3

Harper Gordon · CIK 0001698344 · CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 66,600

Underlying: Common Stock · 4,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On August 21, 2025, the reporting person elected to convert 2,699 of the 4,000 shares of vested phantom stock into 2,699 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,301 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,000 shares are part of, and relate to phantom stock vesting over a six year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021, phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on February 16, 2023, phantom stock vesting over a three year period which was reported on a Form 4 report filed by the reporting person on May 16, 2024 and phantom stock vesting over a five-year period, which was reported on a Form 4 report filed by the reporting person on April 30, 2025.

F1 · derivative.expiration_date: On August 21, 2025, the reporting person elected to convert 2,699 of the 4,000 shares of vested phantom stock into 2,699 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,301 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,000 shares are part of, and relate to phantom stock vesting over a six year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021, phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on February 16, 2023, phantom stock vesting over a three year period which was reported on a Form 4 report filed by the reporting person on May 16, 2024 and phantom stock vesting over a five-year period, which was reported on a Form 4 report filed by the reporting person on April 30, 2025.

SEC source: 0001428205-25-000194 · wk-form4_1755895504.xml · nonDerivative · entry 2

Harper Gordon · CIK 0001698344 · CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 21,452

F1 · kind: On August 21, 2025, the reporting person elected to convert 2,699 of the 4,000 shares of vested phantom stock into 2,699 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,301 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,000 shares are part of, and relate to phantom stock vesting over a six year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021, phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on February 16, 2023, phantom stock vesting over a three year period which was reported on a Form 4 report filed by the reporting person on May 16, 2024 and phantom stock vesting over a five-year period, which was reported on a Form 4 report filed by the reporting person on April 30, 2025.

SEC source: 0001428205-25-000194 · wk-form4_1755895504.xml · nonDerivative · entry 1

Harper Gordon · CIK 0001698344 · CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,753

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On August 21, 2025, the reporting person elected to convert 2,699 of the 4,000 shares of vested phantom stock into 2,699 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,301 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,000 shares are part of, and relate to phantom stock vesting over a six year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021, phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on February 16, 2023, phantom stock vesting over a three year period which was reported on a Form 4 report filed by the reporting person on May 16, 2024 and phantom stock vesting over a five-year period, which was reported on a Form 4 report filed by the reporting person on April 30, 2025.

SEC source: 0001428205-25-000204 · wk-form4_1755896306.xml · derivative · entry 3

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,740

Underlying: Common Stock · 520 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · kind: On August 21, 2025, the reporting person elected to convert 312 of the 520 shares of vested phantom stock into 312 shares of ARMOUR common stock. The reporting person elected to convert the remaining 208 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

F1 · derivative.exercise_date: On August 21, 2025, the reporting person elected to convert 312 of the 520 shares of vested phantom stock into 312 shares of ARMOUR common stock. The reporting person elected to convert the remaining 208 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

F1 · derivative.expiration_date: On August 21, 2025, the reporting person elected to convert 312 of the 520 shares of vested phantom stock into 312 shares of ARMOUR common stock. The reporting person elected to convert the remaining 208 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

SEC source: 0001428205-25-000204 · wk-form4_1755896306.xml · nonDerivative · entry 2

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,133

F1 · kind: On August 21, 2025, the reporting person elected to convert 312 of the 520 shares of vested phantom stock into 312 shares of ARMOUR common stock. The reporting person elected to convert the remaining 208 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

SEC source: 0001428205-25-000204 · wk-form4_1755896306.xml · nonDerivative · entry 1

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,341

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On August 21, 2025, the reporting person elected to convert 312 of the 520 shares of vested phantom stock into 312 shares of ARMOUR common stock. The reporting person elected to convert the remaining 208 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021, and February 14, 2023.

SEC source: 0001428205-25-000210 · wk-form4_1756127938.xml · derivative · entry 3

PAPERIN STEWART J · CIK 0001207637 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,740

Underlying: Common Stock · 520 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On August 21, 2025, the reporting person elected to convert 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

F1 · derivative.expiration_date: On August 21, 2025, the reporting person elected to convert 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

SEC source: 0001428205-25-000210 · wk-form4_1756127938.xml · nonDerivative · entry 1

PAPERIN STEWART J · CIK 0001207637 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 4,742

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On August 21, 2025, the reporting person elected to convert 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

F2 · ownership.nature: Represents shares owned indirectly through the Stewart J. Paperin Family Trust. Mr. Paperin has a pecuniary interest in and investment control over the shares held by the Trust.

SEC source: 0001428205-25-000146 · wk-form4_1751403579.xml · nonDerivative · entry 1

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,848

F1 · kind: On July 1, 2025, the reporting person received 981 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. The reporting person may elect to receive $16,500 of the reporting person's total quarterly compensation (or $66,000 on an annual basis) paid in common stock, cash, or a combination of stock and cash at the option of the director. The 981 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-25-000143 · wk-form4_1751400559.xml · nonDerivative · entry 1

PAPERIN STEWART J · CIK 0001207637 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 4,222

F1 · kind: On July 1, 2025, the reporting person received 981 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. The reporting person may elect to receive $16,500 of the reporting person's total quarterly compensation (or $66,000 on an annual basis) paid in common stock, cash, or a combination of stock and cash at the option of the director. The 981 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F2 · ownership.nature: Represents shares owned indirectly through the Stewart J. Paperin Family Trust. Mr. Paperin has a pecuniary interest in and investment control over the shares held by the Trust.

SEC source: 0001428205-25-000131 · wk-form4_1747944902.xml · derivative · entry 4

STATON DANIEL C · CIK 0001024240 · Director · Chairman of the Board

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,190

Underlying: Common Stock · 480 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F3 · derivative.exercise_date: On May 21, 2025, the reporting person elected to convert 480 of the 480 shares of vested phantom stock into 480 shares of ARMOUR common stock. The 480 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021.

F3 · derivative.expiration_date: On May 21, 2025, the reporting person elected to convert 480 of the 480 shares of vested phantom stock into 480 shares of ARMOUR common stock. The 480 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021.

SEC source: 0001428205-25-000131 · wk-form4_1747944902.xml · derivative · entry 3

STATON DANIEL C · CIK 0001024240 · Director · Chairman of the Board

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,670

Underlying: Common Stock · 520 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On May 21, 2025, the reporting person elected to convert 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

F1 · derivative.expiration_date: On May 21, 2025, the reporting person elected to convert 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.