Cynthia Flanders - 05 Oct 2023 Form 4 Insider Report for ARGAN INC (AGX)

Role
Director
Signature
/s/ Cynthia A. Flanders
Issuer symbol
AGX
Transactions as of
05 Oct 2023
Net transactions value
-$64,045
Form type
4
Filing time
12 Oct 2023, 18:04:50 UTC
Previous filing
20 Dec 2022
Next filing
18 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGX Common Stock Purchase $188,160 +7,000 +47% $26.88 22,000 05 Oct 2023 Direct F1
transaction AGX Common Stock Sale $322,000 -7,000 -32% $46.00 15,000 05 Oct 2023 Direct F1
transaction AGX Common Stock Purchase $69,795 +1,500 +10% $46.53 16,500 12 Oct 2023 Direct 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
transaction AGX Common Stock Options Exercise $0 -7,000 -8% $0.000000 80,000 05 Oct 2023 Common Stock 7,000 $26.88 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 5, 2023, the Reporting Person exercised the remaining portion of her stock option received on December 17, 2013 to purchase 7,000 shares of the Issuer's Common Stock at a price of $26.88 per share; then sold the shares on the open market at a price of $46.00 per share.
F2 On October 12, 2023, the Reporting Person purchased 1,500 shares of the Issuer's Common Stock on the open market at a price of $46.53 per share.