Let's say we have (3) identical 480V : 120V single phase transformers, and I need 100A @ 120V. My primary OCPD is 125A, and the primary plus secondary conductors are under 25' in length so I can use 240.21(B)(3).
So I install just the red conductors in the diagram along with just one transformer, P1:S1. I use 50A primary conductors (50 > 125/3), and I use 100A secondary conductors, as that's the load I need to supply. The inspector says "wait, that violates 240.21(B)(3), as 125A (primary OCPD) * 480V/120V / 3 = 167A, so your conductors need to be a minimum 167A ampacity."
To which if I am to follow your interpration, I could respond "OK, we'll need a full delta-wye configuration in the future anyway, so I'll just install that now." I add the black conductors, and the two transformers P2:S2 and P3:S3. Then I say, "Now the computation is 125A (primary OCPD) * 480V/208V / 3 = 96A, so my 100A conductors comply with 240.21(B)(3)."