David H. Watson - Jun 9, 2025 Form 4 Insider Report for ARGAN INC (AGX)

Signature
/s/ David H. Watson
Stock symbol
AGX
Transactions as of
Jun 9, 2025
Transactions value $
-$4,432,431
Form type
4
Date filed
6/11/2025, 04:15 PM
Previous filing
Apr 21, 2025
Next filing
Oct 10, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Watson David Hibbert PRESIDENT AND CEO, Director 4075 WILSON BOULEVARD, SUITE 440, ARLINGTON /s/ David H. Watson 2025-06-11 0001482442

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGX Common Stock Options Exercise $57.1K +1.55K +2.26% $36.78 70.2K Jun 9, 2025 Direct F1
transaction AGX Common Stock Options Exercise $60.5K +1.53K +2.18% $39.47 71.7K Jun 9, 2025 Direct F2
transaction AGX Common Stock Options Exercise $25.1K +410 +0.57% $61.22 72.1K Jun 9, 2025 Direct F3
transaction AGX Common Stock Sale -$468K -2.03K -2.82% $230.38 70.1K Jun 9, 2025 Direct F4
transaction AGX Common Stock Sale -$3.79M -18K -25.63% $211.02 52.1K Jun 11, 2025 Direct F5

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 -$123K -3.33K -25% $36.78 10K Jun 9, 2025 Common Stock 3.33K $36.78 Direct F1
transaction AGX Option to Purchase Common Stock Options Exercise -$132K -3.33K -33.34% $39.47 6.67K Jun 9, 2025 Common Stock 3.33K $39.47 Direct F2
transaction AGX Option to Purchase Common Stock Options Exercise -$61.2K -1K -15% $61.22 5.67K Jun 9, 2025 Common Stock 1K $61.22 Direct F3
* 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 the remaining portion of his stock option awarded on April 18, 2022 to purchase 3,334 shares of the Issuer's common stock at a price of $36.78 per share, using the net settle method.
F2 On June 9, 2025, the Reporting Person exercised a portion of his stock option awarded on April 17, 2023 to purchase 3,334 shares of the Issuer's common stock at a price of $39.47 per share, using the net settle method.
F3 On June 9, 2025, the Reporting Portion exercised a portion of his stock option awarded on April 16, 2024 to purchase 1,000 shares of the Issuer's common stock at a price of $61.22 per share, using the net settle method.
F4 On June 9, 2025, the Reporting Person sold 2,031 shares of the Issuer's common stock on the open market at an average price of $230.38 per share.
F5 On June 11, 2025, the Reporting Person sold 17,969 shares of the Issuer's common stock on the open market at an average price of $211.02 per share.