Argan (NYSE: AGX) director adds vested shares and new restricted stock units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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.

Insider Trade Summary

530 shares exercised/converted

Mixed 5 txns

Insider Getsinger Peter W

Role null

Type	Security	Shares	Price	Value
Exercise	Time-Based Restricted Stock Units	530	$0.00	--
Grant/Award	Time-Based Restricted Stock Units	189	$0.00	--
Exercise	Common Stock	533	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Time-Based Restricted Stock Units — 834 shares (Direct, null); Common Stock — 6,880 shares (Direct, null); Common Stock — 267 shares (Indirect, Held in Children\\\'s Trust)

Footnotes (1)

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. 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."

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Form 4 Insider Transactions: What Each Field Means →

06/12/2026 - 04:30 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^*

Getsinger Peter W

(Last)

(First)

(Middle)

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)
06/10/2026

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	06/10/2026		M		533⁽¹⁾	A	$0	6,880	D
Common Stock								267	I	Held in Children\\\'s Trust
Common Stock								133	I	Held in Custody Account for Child

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)
Time-Based Restricted Stock Units	$0	06/10/2026		M			530	⁽¹⁾	⁽¹⁾	Common Stock	530	$0	834	D
Time-Based Restricted Stock Units	$0	06/10/2026		A		189		⁽²⁾	⁽²⁾	Common Stock	189	$0	1,023	D

Explanation of Responses:

1. 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.

2. 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.

	/s/ Peter W. Getsinger	06/12/2026
	** 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 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.

How many Argan (AGX) shares vested for Peter W. Getsinger on June 10, 2026?

On June 10, 2026, 530 shares of Argan common stock became issuable to Peter W. Getsinger as previously awarded Time-Based Restricted Stock Units vested. The vesting reflected a one-year schedule and was adjusted for dividends, according to the disclosed footnote.

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.