ARGAN INC (NASDAQ: AGX) director sells 2,698 shares, retains 10,000

Filing Impact

(High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

ARGAN INC director Jeffrey John Ronald Jr. reported an open-market sale of the company’s common stock. On April 27, 2026, he sold 2,698 shares at an average price of $664.84 per share, leaving 2,000 shares held directly and 8,000 shares held indirectly through a John R. Jeffrey IRA.

Insights

Director executes sizable sale but retains a meaningful equity stake.

The filing shows director Jeffrey John Ronald Jr. completed an open-market sale of 2,698 shares of ARGAN INC common stock at an average price of $664.84 per share on April 27, 2026.

After this transaction, he continues to hold 2,000 shares directly and 8,000 shares indirectly via a John R. Jeffrey IRA. With no derivative positions disclosed, the visible exposure is entirely in common stock, indicating he remains invested despite the net-sell activity.

Insider Trade Summary

Net Seller: 2,698 shares ($1,793,738)

Net Sell 2 txns

Insider Jeffrey John Ronald Jr.

Role null

Sold 2,698 shs ($1.79M)

Type	Security	Shares	Price	Value
Sale	Common Stock	2,698	$664.84	$1.79M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 2,000 shares (Direct, null); Common Stock — 8,000 shares (Indirect, John R. Jeffrey, IRA)

Footnotes (1)

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Key Figures

Shares sold: 2,698 shares Average sale price: $664.84 per share Direct holdings after transaction: 2,000 shares +2 more

5 metrics

Shares sold 2,698 shares Open-market sale on April 27, 2026

Average sale price $664.84 per share Common stock sale on April 27, 2026

Direct holdings after transaction 2,000 shares Common stock held directly following sale

Indirect holdings after transaction 8,000 shares Common stock held via John R. Jeffrey IRA

Net shares sold 2,698 shares Net-sell direction per transaction summary

Key Terms

open-market sale, Form 4, indirect ownership, transaction code "S"

4 terms

open-market sale financial

"sold 2,698 shares of the Issuer's common stock on the open market at an average price"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 regulatory

"INSIDER FILING DATA (Form 4): { "issuerName": "ARGAN INC""

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

indirect ownership financial

""direct_or_indirect": "I", "nature_of_ownership": "John R. Jeffrey, IRA""

transaction code "S" regulatory

""transaction_code": "S", "transaction_type": "non-derivative""

Form 4 Insider Transactions: What Each Field Means →

04/29/2026 - 05:00 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Jeffrey John Ronald Jr.

(Last)

(First)

(Middle)

C/O ARGAN, INC.

4075 WILSON BOULEVARD, SUITE 440

(Street)

ARLINGTON

VIRGINIA

22203

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ARGAN INC [ AGX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/27/2026		S		2,698⁽¹⁾	D	$664.84	2,000	D
Common Stock								8,000	I	John R. Jeffrey, IRA

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. On April 27, 2026, the Reporting Person sold 2,698 shares of the Issuer's common stock on the open market at an average price of $664.84 per share.

	/s/ John R. Jeffrey, Jr.	04/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did ARGAN INC (AGX) report for Jeffrey John Ronald Jr.?

ARGAN INC director Jeffrey John Ronald Jr. reported an open-market sale of 2,698 shares of common stock. The transaction occurred on April 27, 2026, and was executed at an average price of $664.84 per share according to the Form 4 filing and related footnote.

At what price did the ARGAN INC (AGX) director sell his shares?

He sold 2,698 shares of ARGAN INC common stock at an average price of $664.84 per share. This price is explicitly stated in the Form 4 footnote describing the April 27, 2026 open-market transaction by director Jeffrey John Ronald Jr.

How many ARGAN INC (AGX) shares does the director hold after the sale?

Following the transaction, he holds 2,000 ARGAN INC common shares directly and 8,000 shares indirectly. The indirect holding is through a John R. Jeffrey IRA, as disclosed in the ownership section of the Form 4 filing for April 27, 2026.

Was the ARGAN INC (AGX) insider transaction an open-market sale?

Yes. The Form 4 identifies the transaction code as “S,” meaning an open-market or private sale. A footnote further clarifies that 2,698 shares of ARGAN INC common stock were sold on the open market at a $664.84 average price on April 27, 2026.

Does the ARGAN INC (AGX) director still have indirect ownership after the sale?

Yes. In addition to 2,000 shares held directly, the Form 4 shows 8,000 ARGAN INC shares held indirectly. These are owned through an account labeled “John R. Jeffrey, IRA,” indicating continued indirect beneficial ownership after the reported sale.