Argan (NYSE: AGX) director boosts holdings through RSU vesting and grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ARGAN INC director Jeffrey John Ronald Jr. reported compensation-related equity activity and updated holdings. On June 10, 2026, he exercised derivative awards to acquire 533 shares of common stock at $0.00 per share, bringing his direct common stock holdings to 2,533 shares.
On the same date, 530 Time-Based Restricted Stock Units (TRSUs) vested and became issuable as common stock under a one-year vesting schedule, and he received a new grant of 189 TRSUs that will fully vest on June 10, 2027 or at the 2027 Annual Meeting, whichever occurs first. He also reports 8,000 shares of common stock held indirectly through a John R. Jeffrey IRA. No open-market purchases or sales were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
530 shares exercised/converted
Mixed
4 txns
Insider
Jeffrey John Ronald Jr.
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 | -- | -- | -- |
Holdings After Transaction:
Time-Based Restricted Stock Units — 834 shares (Direct, null);
Common Stock — 2,533 shares (Direct, null);
Common Stock — 8,000 shares (Indirect, John R. Jeffrey, IRA)
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
Direct common stock after transactions: 2,533 shares
Indirect common stock holdings: 8,000 shares
Common shares from derivative exercise: 533 shares
+3 more
6 metrics
Direct common stock after transactions
2,533 shares
Direct holdings following June 10, 2026 transactions
Indirect common stock holdings
8,000 shares
Held through John R. Jeffrey IRA as of June 10, 2026
Common shares from derivative exercise
533 shares
Acquired at $0.00 per share on June 10, 2026
TRSUs vested and issuable
530 units
Became issuable as common stock on June 10, 2026
New TRSU grant
189 units
Granted June 10, 2026, vesting by June 10, 2027 or 2027 meeting
TRSUs outstanding after grant
1,023 units
Time-Based Restricted Stock Units following June 10, 2026 grant
Key Terms
Time-Based Restricted Stock Units, TRSUs, derivative exercise/conversion, grant/award acquisition, +1 more
5 terms
Time-Based Restricted Stock Units financial
"The TRSUs will vest fully on June 10, 2027 or on the date of the 2027 Annual Meeting of Stockholders"
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.
TRSUs financial
"Pursuant to the one-year vesting schedule of the Time-Based Restricted Stock Units ("TRSUs") awarded to the Reporting Person"
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
IRA financial
"nature_of_ownership": "John R. Jeffrey, IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
What insider transactions did AGX director Jeffrey John Ronald Jr. report?
He reported exercising derivative awards to acquire 533 AGX common shares and the vesting of 530 TRSUs on June 10, 2026. He also received a new grant of 189 TRSUs and updated his direct and indirect share holdings.
What are the key details of the new TRSU grant to the AGX director?
On June 10, 2026, he received Time-Based Restricted Stock Units covering 189 AGX shares. According to the filing, these TRSUs will fully vest on June 10, 2027 or on the date of the 2027 Annual Meeting of Stockholders, whichever occurs first.
What does the vesting of 530 TRSUs mean for AGX director ownership?
The vesting of 530 TRSUs on June 10, 2026 made 530 AGX common shares issuable to him under a one-year vesting schedule from a June 17, 2025 award. This increases his effective equity exposure through additional common stock tied to prior compensation.