RAINER H. BOSSELMANN - 22 Jan 2024 Form 4 Insider Report for ARGAN INC (AGX)

Role
Director
Signature
/s/ Rainer H. Bosselmann
Issuer symbol
AGX
Transactions as of
22 Jan 2024
Transactions value $
-$4,383,000
Form type
4
Filing time
24 Jan 2024, 16:15:07 UTC
Previous filing
19 Apr 2023
Next filing
18 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGX Common Stock Sale -$452,700 -10,000 -2.5% $45.27 390,801 22 Jan 2024 Direct F1
transaction AGX Common Stock Sale -$754,800 -17,000 -4.35% $44.40 373,801 23 Jan 2024 Direct F2
transaction AGX Common Stock Sale -$3,175,500 -73,000 -19.5% $43.50 300,801 24 Jan 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 22, 2024 the Reporting Person sold 10,000 shares of the Issuer's common stock on the open market at an average price of $45.27 per share.
F2 On January 23, 2024 the Reporting Person sold 17,000 shares of the Issuer's common stock on the open market at an average price of $44.40 per share.
F3 On January 24, 2024 the Reporting Person sold 73,000 shares of the Issuer's common stock to Argan, Inc. in a private transaction at price of $43.50 per share. The purpose of the sale by the Reporting Person is to diversify their investment holdings.