Argan director gains vested shares and TRSUs
Getsinger Peter W reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Getsinger Peter W reported acquisition or exercise transactions in this Form 4 filing.
ARGAN INC director Peter W. Getsinger reported equity compensation activity involving the company’s common stock and restricted stock units. On June 10, 2026, 530 shares of common stock became issuable to him as Time-Based Restricted Stock Units (TRSUs) vested under a one-year vesting schedule.
On the same date, he was granted new TRSUs covering 189 shares of common stock, which will fully vest on June 10, 2027 or on the date of the 2027 Annual Meeting of Stockholders, whichever occurs first. Following these transactions, he holds 6,880 shares of common stock directly, plus small indirect holdings in a custody account for a child and a children’s trust, and 1,023 TRSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
530 shares exercised/converted
Exercise
5 txns
Insider
Getsinger Peter W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Time-Based Restricted Stock Units | 530 | $0.00 | $0.00 |
| Grant/Award | Time-Based Restricted Stock Units | 189 | $0.00 | $0.00 |
| Exercise | Common Stock | 533 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Time-Based Restricted Stock Units — 1,023 contracts (Direct);
Common Stock — 6,880 shares (Direct);
Common Stock — 267 shares (Indirect, Held in Children\\\'s Trust);
Common Stock — 133 shares (Indirect, Held in Custody Account for Child)
Footnotes (2)
- F1. Pursuant to the one-year vesting schedule of the Time-Based Restricted Stock Units ("TRSUs") awarded to the Reporting Person on June 17, 2025, 530 shares of the Issuer's common stock became issuable to the Reporting Person on June 10, 2026 and is adjusted for dividends.
- F2. On June 10, 2026 the Reporting Person was granted TRSUs covering 189 shares of the Issuer's common stock. The TRSUs will vest fully on June 10, 2027 or on the date of the 2027 Annual Meeting of Stockholders, whichever comes first.
Key Figures
Vested shares from TRSUs: 530 shares
New TRSU grant: 189 shares
Direct common stock holdings: 6,880 shares
+3 more
6 metrics
Vested shares from TRSUs
530 shares
Common stock issuable as TRSUs vested on June 10, 2026
New TRSU grant
189 shares
Time-Based Restricted Stock Units granted on June 10, 2026
Direct common stock holdings
6,880 shares
Total non-derivative shares held directly after transactions
TRSU holdings after grant
1,023 units
Total Time-Based Restricted Stock Units held after June 10, 2026
Custody account indirect holdings
133 shares
Common stock held in custody account for child
Children’s trust indirect holdings
267 shares
Common stock held in children’s trust
Key Terms
Time-Based Restricted Stock Units, vesting schedule, TRSUs, Annual Meeting of Stockholders
4 terms
Time-Based Restricted Stock Units financial
"Pursuant to the one-year vesting schedule of the Time-Based Restricted Stock Units ("TRSUs") awarded to the Reporting Person..."
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
vesting schedule financial
"Pursuant to the one-year vesting schedule of the Time-Based Restricted Stock Units ("TRSUs") awarded..."
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
TRSUs financial
"On June 10, 2026 the Reporting Person was granted TRSUs covering 189 shares of the Issuer's common stock."
Annual Meeting of Stockholders financial
"The TRSUs will vest fully on June 10, 2027 or on the date of the 2027 Annual Meeting of Stockholders, whichever comes first."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Argan (AGX) director Peter W. Getsinger report in this Form 4?
He reported equity compensation activity, including vested Time-Based Restricted Stock Units converting into common shares and a new grant of TRSUs. These transactions increased his equity-based holdings in Argan without any open-market stock purchases or sales disclosed in this filing.
What new restricted stock units did Argan (AGX) grant to Peter W. Getsinger?
On June 10, 2026, Argan granted Time-Based Restricted Stock Units covering 189 shares of common stock to Peter W. Getsinger. These TRSUs will fully vest on June 10, 2027 or on the date of the 2027 Annual Meeting of Stockholders, whichever happens first.
What are Peter W. Getsinger’s direct Argan (AGX) common stock holdings after these transactions?
After the reported transactions, Peter W. Getsinger directly holds 6,880 shares of Argan common stock. This figure reflects his position following the vesting-related share issuance and is reported as his total direct non-derivative holdings in the filing.
How many Argan (AGX) Time-Based Restricted Stock Units does Peter W. Getsinger hold after the filing?
Following the June 10, 2026 transactions, Peter W. Getsinger holds 1,023 Time-Based Restricted Stock Units. This total reflects both the vesting of prior awards into common stock and the new TRSU grant covering 189 shares reported in the same filing.
Does the Argan (AGX) Form 4 show any open-market stock sales or purchases by Peter W. Getsinger?
The Form 4 does not show any open-market purchases or sales. Instead, it reflects vesting of previously granted Time-Based Restricted Stock Units into common shares and a new grant of TRSUs, all classified as equity compensation-related acquisitions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
