Argan (NYSE: AGX) director gains 530 shares, 189 new RSUs
Rhea-AI Filing Summary
ARGAN INC director Karen Sweeney reported routine equity compensation transactions. On June 10, 2026, she exercised awards to acquire 533 shares of common stock, bringing her direct common stock holdings to 1,848 shares. She also converted previously granted time-based restricted stock units (TRSUs) into 530 shares of common stock that became issuable under a one-year vesting schedule tied to TRSUs awarded on June 17, 2025. In addition, she received a new grant of 189 TRSUs, each linked to one share of common stock, which will vest in full on June 10, 2027 or on the date of the 2027 Annual Meeting of Stockholders, whichever occurs first. No sales or dispositions were reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 533 shares
Net Buy
3 txns
Insider
Sweeney Karen
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Time-Based Restricted Stock Unit | 530 | $0.00 | $0.00 |
| Grant/Award | Time-Based Restricted Stock Unit | 189 | $0.00 | $0.00 |
| Exercise | Common Stock | 533 | $0.00 | $0.00 |
Holdings After Transaction:
Time-Based Restricted Stock Unit — 189 shares (Direct);
Common Stock — 1,848 shares (Direct)
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
Common shares acquired (exercise): 533 shares
Common shares from TRSU vesting: 530 shares
Common shares held after transactions: 1,848 shares
+2 more
5 metrics
Common shares acquired (exercise)
533 shares
Common Stock exercise on June 10, 2026
Common shares from TRSU vesting
530 shares
TRSUs awarded June 17, 2025; became issuable June 10, 2026
Common shares held after transactions
1,848 shares
Direct holdings following June 10, 2026 transactions
New TRSU grant
189 units
Time-Based Restricted Stock Units granted June 10, 2026
TRSU vesting date
June 10, 2027
New 189 TRSUs vest on this date or 2027 Annual Meeting
Key Terms
Time-Based Restricted Stock Unit, vesting schedule, Annual Meeting of Stockholders, Exercise or conversion of derivative security, +1 more
5 terms
Time-Based Restricted Stock Unit financial
"security_title: "Time-Based Restricted Stock Unit" and footnotes describing TRSUs vesting"
vesting schedule financial
"Pursuant to the one-year vesting schedule of the Time-Based Restricted Stock Units"
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.
Annual Meeting of Stockholders financial
"will vest fully on June 10, 2027 or on the date of the 2027 Annual Meeting of Stockholders"
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did AGX director Karen Sweeney report on June 10, 2026?
Karen Sweeney reported equity compensation-related acquisitions on June 10, 2026. She exercised awards into common stock and received a new grant of time-based restricted stock units, with no sales or dispositions disclosed in this Form 4 filing.
What are the terms of Karen Sweeney’s new TRSU grant at ARGAN INC (AGX)?
On June 10, 2026, Karen Sweeney was granted 189 time-based restricted stock units. These units will vest in full on June 10, 2027 or on the date of ARGAN INC’s 2027 Annual Meeting of Stockholders, whichever occurs first, subject to the grant conditions.
How did earlier TRSUs for Karen Sweeney at ARGAN INC (AGX) vest in 2026?
TRSUs awarded to Karen Sweeney on June 17, 2025 followed a one-year vesting schedule. On June 10, 2026, 530 shares of ARGAN INC common stock became issuable under that award, adjusted for dividends according to the filing’s footnote.