ARGAN INC (AGX) director exercises 5,000 options, sells 6,728 shares in June trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ARGAN INC director Peter W. Getsinger reported an option exercise followed by open-market sales of common stock. On June 15, 2026, he exercised a stock option to purchase 5,000 shares at $35.72 per share using the net settle method, resulting in 4,728 shares of common stock.
He then sold 4,728 shares on June 16, 2026 at an average price of $708.65 per share and 2,000 additional shares on June 17, 2026 at an average price of $699.00 per share. After these transactions, he directly owns 4,880 shares of common stock and 3,000 options to purchase common stock, and indirectly reports 133 shares held in a custody account for a child and 267 shares held in a children's trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,728 shares ($4,748,497)
Net Sell
6 txns
Insider
Getsinger Peter W
Role
null
Sold
6,728 shs ($4.75M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $699.00 | $1.40M |
| Sale | Common Stock | 4,728 | $708.65 | $3.35M |
| Exercise | Option to Purchase Common Stock | 5,000 | $35.72 | $179K |
| Exercise | Common Stock | 4,728 | $35.72 | $169K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,880 shares (Direct, null);
Option to Purchase Common Stock — 3,000 shares (Direct, null);
Common Stock — 267 shares (Indirect, Held in Children's Trust)
Footnotes (1)
- On June 15, 2026, the Reporting Person exercised his stock option awarded on December 16, 2022 to purchase 5,000 shares of the Issuer's common stock at a price of $35.72 per share using the net settle method. On June 16, 2026, the Reporting Person sold 4,728 shares of the Issuer's common stock on the open market at an average price of $708.65 per share. On June 17, 2026, the Reporting Person sold 2,000 shares of the Issuer's common stock on the open market at an average price of $699.00 per share.
Key Figures
Options exercised: 5,000 shares at $35.72
Shares sold June 16, 2026: 4,728 shares at $708.65
Shares sold June 17, 2026: 2,000 shares at $699.00
+3 more
6 metrics
Options exercised
5,000 shares at $35.72
Stock option exercise on June 15, 2026
Shares sold June 16, 2026
4,728 shares at $708.65
Open-market sale of common stock
Shares sold June 17, 2026
2,000 shares at $699.00
Open-market sale of common stock
Direct holdings after transactions
4,880 shares
Common stock held directly after June 17, 2026 sale
Remaining stock options
3,000 options
Options to purchase common stock after June 15, 2026 exercise
Net shares sold
6,728 shares
Net-sell direction per transaction summary
Key Terms
net settle method, stock option, open market, custody account, +1 more
5 terms
net settle method financial
"used the net settle method to exercise a stock option to purchase 5,000 shares"
stock option financial
"exercised a stock option awarded on December 16, 2022 to purchase 5,000 shares"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
open market financial
"sold 4,728 shares of the Issuer's common stock on the open market"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
custody account financial
"133 shares are held in a custody account for a child"
A custody account is a secure account where a specialized financial firm or bank holds and looks after an investor’s securities and cash on their behalf, like a bank vault that also handles recordkeeping and settlement of trades. It matters to investors because it protects assets from loss or misuse, ensures trades and dividend payments are processed correctly, and provides clear ownership records—similar to having a trusted custodian watch over your valuables.
children's trust financial
"267 shares are held in a children's trust as indirect ownership"
FAQ
What insider transactions did AGX director Peter W. Getsinger report?
Peter W. Getsinger reported exercising options for 5,000 ARGAN INC shares, then selling 4,728 shares on June 16, 2026 and 2,000 shares on June 17, 2026 in open-market transactions at average prices above $699 per share.
At what prices did Peter W. Getsinger sell AGX common stock?
He sold 4,728 ARGAN INC shares at an average price of $708.65 on June 16, 2026 and 2,000 shares at an average price of $699.00 on June 17, 2026, according to the Form 4 insider trading report.
What stock options did Peter W. Getsinger exercise for AGX?
On June 15, 2026, he exercised a stock option awarded on December 16, 2022 to purchase 5,000 ARGAN INC shares at $35.72 per share using the net settle method, leaving 3,000 options to purchase common stock outstanding afterward.
Is the June 2026 AGX insider activity a net sale for Peter W. Getsinger?
Yes. The Form 4 summary shows a net-sell direction, with total sell transactions of 6,728 ARGAN INC shares exceeding the 5,000 shares acquired through option exercise during the same period, resulting in a net reduction in his share position.