William F. Leimkuhler - Jun 9, 2025 Form 4 Insider Report for ARGAN INC (AGX)

Role
Director
Signature
/s/ William F. Leimkuhler
Stock symbol
AGX
Transactions as of
Jun 9, 2025
Transactions value $
-$2,199,533
Form type
4
Date filed
6/11/2025, 04:15 PM
Previous filing
Jan 22, 2025
Next filing
Jun 20, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Leimkuhler William F. Director 43 SALEM STRAITS ROAD, DARIEN /s/ William F. Leimkuhler 2025-06-11 0001361943

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGX Common Stock Options Exercise $506K +7.05K +15.07% $71.75 53.8K Jun 9, 2025 Direct F1
transaction AGX Common Stock Options Exercise $375K +8.1K +15.04% $46.35 61.9K Jun 9, 2025 Direct F2
transaction AGX Common Stock Options Exercise $342K +8.31K +13.41% $41.19 70.2K Jun 9, 2025 Direct F3
transaction AGX Common Stock Options Exercise $0 +390 +0.56% $0.00 70.6K Jun 10, 2025 Direct F4
transaction AGX Common Stock Sale -$1.83M -8.35K -11.81% $219.31 62.3K Jun 11, 2025 Direct F5
holding AGX Common Stock 1K Jun 9, 2025 Elizabeth K Leimkuhler Trust under agreement dated August 30, 2005
holding AGX Common Stock 1K Jun 9, 2025 Emily K Leimkuhler Trust under agreement dated August 30, 2005

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 -$718K -10K -16.26% $71.75 51.5K Jun 9, 2025 Common Stock 10K $71.75 Direct F1
transaction AGX Option to Purchase Common Stock Options Exercise -$464K -10K -19.42% $46.35 41.5K Jun 9, 2025 Common Stock 10K $46.35 Direct F2
transaction AGX Option to Purchase Common Stock Options Exercise -$412K -10K -24.1% $41.19 31.5K Jun 9, 2025 Common Stock 10K $41.19 Direct F3
transaction AGX Time-Based Restricted Stock Units Options Exercise $0 -388 -10.2% $0.00 3.42K Jun 10, 2025 Common Stock 388 $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 9, 2025, the Reporting Person exercised his stock option awarded on January 5, 2017 to purchase 10,000 shares of the Issuer's common stock at a price of $71.75 per share, using the net settle method.
F2 On June 9, 2025, the Reporting Person exercised his stock option awarded on January 11, 2018 to purchase 10,000 shares of the Issuer's common stock at a price of $46.35 per share, using the net settle method.
F3 On June 9, 2025, the Reporting Person exercised his stock option awarded on December 12, 2018 to purchase 10,000 shares of the Issuer's common stock at a price of $41.19 per share, using the net settle method.
F4 Pursuant to the six-month vesting schedule of the Time-Based Restricted Stock Unit ("TRSU") awarded to the Reporting Person on December 12, 2024, 388 shares of Common Stock became issuable to the Reporting Person on June 10, 2025 and is adjusted for dividends
F5 On June 11, 2025, the Reporting Person sold 8,345 shares of the Issuer's common stock at an average price of $219.31 per share.