STOCK TITAN

Argan (NYSE: AGX) director boosts holdings through RSU vesting and grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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.
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SEC Form 4
FORM 4UNITED 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*
Jeffrey John Ronald Jr.

(Last)(First)(Middle)
C/O ARGAN, INC.
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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/10/2026M533(1)A$02,533D
Common Stock8,000IJohn R. Jeffrey, IRA
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Time-Based Restricted Stock Units$006/10/2026M530 (1) (1)Common Stock530$0834D
Time-Based Restricted Stock Units$006/10/2026A189 (2) (2)Common Stock189$01,023D
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/ John R. Jeffrey, Jr.06/12/2026
** Signature of Reporting PersonDate
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)

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.

Did Jeffrey John Ronald Jr. buy or sell Argan (AGX) shares in the market?

No open-market buys or sells were reported. The Form 4 shows only derivative exercises and restricted stock unit vesting and grants, all at a stated price of $0.00 per share, reflecting compensation-related equity rather than discretionary trading.

How many Argan (AGX) shares does Jeffrey John Ronald Jr. hold after these transactions?

After these transactions, he holds 2,533 AGX common shares directly and 8,000 shares indirectly through a John R. Jeffrey IRA. He also holds 1,023 Time-Based Restricted Stock Units tied to future issuances of AGX common stock, subject to vesting.

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.