How many ARGAN INC (AGX) shares does the Griffin-related GRAT hold after the sale?

After the reported sale, the Griffin-related GRAT holds 90,976 ARGAN INC common shares indirectly. This post-transaction holding figure comes from the Form 4 entry “shares following transaction,” which summarizes the remaining indirect ownership position for the reporting person.

Griffin Jr GRAT linked to ARGAN INC (AGX) sells 50,000 shares at $643.46

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

ARGAN INC director-associated entity sells shares in an open-market transaction. On June 12, 2026, an entity associated with director William F. Griffin Jr., identified as William F Griffin Jr GRAT II dtd Oct 6, 2025, sold 50,000 shares of Argan common stock at an average price of $643.46 per share. Following this sale, the GRAT continued to hold 90,976 Argan shares indirectly for Griffin.

Insider Trade Summary

Net Seller: 50,000 shares ($32,173,000)

Net Sell 1 txn

Insider Griffin William F Jr

Role null

Sold 50,000 shs ($32.17M)

Type	Security	Shares	Price	Value
Sale	Common Stock	50,000	$643.46	$32.17M

Holdings After Transaction: Common Stock — 90,976 shares (Indirect, William F Griffin Jr GRAT II dtd Oct 6, 2025)

Footnotes (1)

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Key Figures

Shares sold: 50,000 shares Average sale price: $643.46 per share Shares held after transaction: 90,976 shares +1 more

4 metrics

Shares sold 50,000 shares Open-market sale on June 12, 2026

Average sale price $643.46 per share Open-market sale on June 12, 2026

Shares held after transaction 90,976 shares Indirect holdings via GRAT after sale

Net buy/sell shares -50,000 shares Net insider activity in this Form 4

Key Terms

open-market sale, Common Stock, Form 4, GRAT

4 terms

open-market sale financial

"the Reporting Person sold 50,000 shares of the Issuer's common stock on the open market"

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.

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

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.

GRAT financial

"nature_of_ownership": "William F Griffin Jr GRAT II dtd Oct 6, 2025""

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Form 4 Insider Transactions: What Each Field Means →

06/16/2026 - 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^*

Griffin William F Jr

(Last)

(First)

(Middle)

150 E PALMETTO PARK ROAD

SUITE 800

(Street)

BOCA RATON

FLORIDA

33432

(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)	X	Other (specify below)
			GEMMA, NON-EXECUTIVE CHAIRMAN

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

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	06/12/2026		S		50,000⁽¹⁾	D	$643.46	90,976	I	William F Griffin Jr GRAT II dtd Oct 6, 2025

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 June 12, 2026, the Reporting Person sold 50,000 shares of the Issuer's common stock on the open market at an average price of $643.46 per share.

	/s/ William F. Griffin, Jr.	06/16/2026
	** 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 William F. Griffin Jr?

ARGAN INC reported that an entity associated with director William F. Griffin Jr sold 50,000 shares of common stock in an open-market transaction, at an average price of $643.46 per share on June 12, 2026, according to a Form 4 filing.

At what price were the ARGAN INC (AGX) shares sold in this Form 4?

The shares were sold at an average price of $643.46 per share. This average price reflects open-market sales on June 12, 2026, as disclosed in the Form 4 footnote describing the transaction by the Griffin-related GRAT entity.

How many ARGAN INC (AGX) shares were sold in the June 12, 2026 insider trade?

The Form 4 shows a sale of 50,000 shares of ARGAN INC common stock. The transaction was an open-market sale executed on June 12, 2026, by a GRAT associated with director William F. Griffin Jr, at an average price of $643.46 per share.

Was the ARGAN INC (AGX) insider transaction a purchase or a sale?

The transaction was a sale of ARGAN INC common stock. The Form 4 lists transaction code “S,” indicating an open-market sale, and explicitly describes the action as an open-market sale of 50,000 shares at an average price of $643.46 per share.

Who technically owns the ARGAN INC (AGX) shares involved in this Form 4?

The shares are held indirectly through William F Griffin Jr GRAT II dated October 6, 2025. The Form 4 identifies the nature of ownership as indirect via this GRAT, linking the position to director William F. Griffin Jr for reporting purposes.