SEC Form 4 · accession 0001482442-26-000012
ARGAN INC · AGX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Hibbert Watson
Officer — PRESIDENT AND CEO · Director
Period of report
Jun 15, 2026
Accepted (ET)
Jun 16, 2026 · 4:30 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000100591
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 15, 2026 | S | 9,993 | $651.22 | D | 40,005 | D | |
| Common StockF2 | Jun 16, 2026 | M | 862 | $39.47 | A | 40,867 | D | |
| Common StockF3 | Jun 16, 2026 | M | 588 | $61.22 | A | 41,455 | D | |
| Common StockF4 | Jun 16, 2026 | M | 430 | $148.72 | A | 41,885 | D | |
| Common StockF5 | Jun 16, 2026 | S | 1,880 | $707.35 | D | 40,005 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common StockF2 | $39.47 | Jun 16, 2026 | M | 1,666 | D | Apr 17, 2024 | Apr 17, 2033 | Common Stock | 1,666 | 4,415 | D |
| Option to Purchase Common StockF3 | $61.22 | Jun 16, 2026 | M | 1,000 | D | Apr 16, 2025 | Apr 16, 2034 | Common Stock | 1,000 | 3,415 | D |
| Option to Purchase Common StockF4 | $148.72 | Jun 16, 2026 | M | 667 | D | Apr 16, 2026 | Apr 16, 2035 | Common Stock | 667 | 2,748 | D |
Explanation of responses
- F1On June 15, 2026, the Reporting Person sold 9,993 shares of the Issuer's common stock on the open market at an average price of $651.22 per share.
- F2On June 16, 2026, the Reporting Person exercised the remaining portion of his stock option awarded on April 17, 2023 to purchase 1,666 shares of the Issuer's common stock at a price of $39.47 per share using the net settle method.
- F3On June 16, 2026, the Reporting Person 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.
- F4On June 16, 2026, the Reporting Person exercised a portion of his stock option awarded on April 16, 2025 to purchase 667 shares of the Issuer's common stock at a price of $148.72 per share using the net settle method.
- F5On June 16, 2026 the Reporting Person sold 1,880 shares of the Issuer's common stock on the open market at an average price of $707.35 per share.