RAINER H. BOSSELMANN - 05 Jul 2024 Form 4 Insider Report for ARGAN INC (AGX)

Role
Director
Signature
/s/ Rainer H. Bosselmann
Issuer symbol
AGX
Transactions as of
05 Jul 2024
Transactions value $
-$684,331
Form type
4
Filing time
09 Jul 2024, 17:07:51 UTC
Previous filing
17 Jun 2024
Next filing
11 Jul 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 Options Exercise $465,232 +14,236 +5.7% $32.68 261,955 05 Jul 2024 Direct F1
transaction AGX Common Stock Options Exercise $467,536 +13,812 +5.3% $33.85 275,767 05 Jul 2024 Direct F2
transaction AGX Common Stock Options Exercise $374,608 +9,963 +3.6% $37.6 285,730 05 Jul 2024 Direct F3
transaction AGX Common Stock Options Exercise $373,972 +11,061 +3.9% $33.81 296,791 05 Jul 2024 Direct F4
transaction AGX Common Stock Options Exercise $78,157 +2,125 +0.72% $36.78 298,916 05 Jul 2024 Direct F5
transaction AGX Common Stock Sale -$1,788,000 -25,000 -8.4% $71.52 273,916 08 Jul 2024 Direct F6
transaction AGX Common Stock Sale -$655,838 -9,197 -3.4% $71.31 264,719 09 Jul 2024 Direct F7

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 Option to Purchase Common Stock Options Exercise $0 -50,000 -17% $0 245,000 05 Jul 2024 Common Stock 50,000 $32.68 Direct F1
transaction AGX Option to Purchase Common Stock Options Exercise $0 -50,000 -20% $0 195,000 05 Jul 2024 Common Stock 50,000 $33.85 Direct F2
transaction AGX Option to Purchase Common Stock Options Exercise $0 -40,000 -21% $0 155,000 05 Jul 2024 Common Stock 40,000 $37.6 Direct F3
transaction AGX Option to Purchase Common Stock Options Exercise $0 -40,000 -26% $0 115,000 05 Jul 2024 Common Stock 40,000 $33.81 Direct F4
transaction AGX Option to Purchase Common Stock Options Exercise $0 -8,334 -7.2% $0 106,666 05 Jul 2024 Common Stock 8,334 $36.78 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 5, 2024, the Reporting Person exercised his stock option awarded on April 16, 2015 to purchase 50,000 shares of the Issuer's Common Stock at a price of $32.68 per share, using the net settle approach.
F2 On July 5, 2024, the Reporting Person exercised his stock option awarded on April 13, 2016 to purchase 50,000 shares of the Issuer's Common Stock at a price of $33.85 per share, using the net settle approach.
F3 On July 5, 2024, the Reporting Person exercised his stock option awarded on April 13, 2018 to purchase 40,000 shares of the Issuer's Common Stock at a price of $37.60 per share, using the net settle approach.
F4 On July 5, 2024, the Reporting Person exercised his stock option awarded on April 16, 2020 to purchase 40,000 shares of the Issuer's Common Stock at a price of $33.81 per share, using the net settle approach.
F5 On July 5, 2024, the Reporting Person exercised a portion of his stock option awarded on April 18, 2022 to purchase 8,334 shares of the Issuer's Common Stock at a price of $36.78 per share, using the net settle approach.
F6 On July 8, 2024, the Reporting Person sold 25,000 shares of the Issuer's Common Stock on the open market at an average price of $71.52 per share.
F7 On July 9, 2024, the Reporting Person sold 9,197 shares of the Issuer's Common Stock on the open market at an average price of $71.31 per share.