William F. Griffin Jr - 18 Apr 2025 Form 4 Insider Report for ARGAN INC (AGX)

Role: Director, GEMMA, NON-EXECUTIVE CHAIRMAN
Signature: /s/ William F. Griffin, Jr.
Issuer symbol: AGX
Transactions as of: 18 Apr 2025
Net transactions value: $0
Form type: 4
Filing time: 13 May 2025, 19:48:55 UTC
Previous filing: 15 Apr 2025
Next filing: 05 Aug 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Griffin William F Jr	Director, GEMMA, NON-EXECUTIVE CHAIRMAN	GLASTONBURY	/s/ William F. Griffin, Jr.	13 May 2025	0001384123

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AGX	Common Stock	Options Exercise	$0	+3,371	+129%	$0.000000	5,975	18 Apr 2025	By William F Griffin Jr Revocable Trust U/A DTD FBO 12/09/04	F1
transaction	AGX	Common Stock	Other	$0	-25,000	-19%	$0.000000	105,000	09 May 2025	William F. Griffin 2025 GRAT Trust	F2
transaction	AGX	Common Stock	Other	$0	+25,000	+418%	$0.000000	30,975	09 May 2025	By William F Griffin Jr Revocable Trust U/A DTD FBO 12/09/04	F2
transaction	AGX	Common Stock	Other	$0	-25,000	-24%	$0.000000	80,000	13 May 2025	William F. Griffin 2025 GRAT Trust	F3
transaction	AGX	Common Stock	Other	$0	+25,000	+81%	$0.000000	55,975	13 May 2025	By William F Griffin Jr Revocable Trust U/A DTD FBO 12/09/04	F3

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	Time Based Restricted Stock Units	Options Exercise	$0	-4,166	-100%	$0.000000	0	18 Apr 2025	Common Stock	4,166	$0.000000	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to the three-year vesting schedule of the Time-Based Restricted Stock Unit ("TRSU") awarded to the Reporting Person on April 18, 2022, 4,166 shares of Common Stock became issuable to the Reporting Person on April 18, 2025.
F2	On May 9, 2025, the Reporting Person transferred 25,000 shares from the William F. Griffin 2025 GRAT Trust to the William F Griffin Jr Revocable Trust.
F3	On May 13, 2025, the Reporting Person transferred 25,000 shares from the William F. Griffin 2025 GRAT Trust to the William F Griffin Jr Revocable Trust.