STOCK TITAN

ARGAN INC (AGX) director sells 8,444 shares in open-market trade

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

ARGAN INC director William F. Leimkuhler reported an open-market sale of company shares. On April 13, 2026, he sold 8,444 shares of Common Stock at an average price of $598.49 per share. After this transaction, he directly owns 41,495 shares of ARGAN INC common stock.

Positive

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Negative

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Insider Leimkuhler William F.
Role Director
Sold 8,444 shs ($5.05M)
Type Security Shares Price Value
Sale Common Stock 8,444 $598.49 $5.05M
Holdings After Transaction: Common Stock — 41,495 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares sold 8,444 shares Open-market sale on April 13, 2026
Average sale price $598.49 per share Common Stock sale on April 13, 2026
Shares held after sale 41,495 shares Post-transaction direct ownership
open-market sale financial
"sold 8,444 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
"the Issuer's common stock on the open market at an average price"
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 financial
"This Form 4 records the open-market sale of ARGAN INC Common Stock"
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.
reporting person financial
"On April 13, 2026, the Reporting Person sold 8,444 shares"
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*
Leimkuhler William F.

(Last)(First)(Middle)
43 SALEM STRAITS ROAD

(Street)
DARIEN CONNECTICUT 06820

(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)
04/13/2026
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 Stock04/13/2026S8,444(1)D$598.4941,495D
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
Explanation of Responses:
1. On April 13, 2026, the Reporting Person sold 8,444 shares of the Issuer's common stock on the open market at an average price of $598.49 per share.
/s/ William F. Leimkuhler04/15/2026
** 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 did ARGAN INC (AGX) director William F. Leimkuhler report on this Form 4?

He reported an open-market sale of ARGAN INC Common Stock. On April 13, 2026, he sold 8,444 shares at an average price of $598.49 per share, and this filing records that transaction for investors.

How many ARGAN INC (AGX) shares did William F. Leimkuhler sell and at what price?

He sold 8,444 shares of ARGAN INC Common Stock in an open-market transaction. The average sale price was $598.49 per share, as disclosed in the Form 4 and its accompanying footnote description.

How many ARGAN INC (AGX) shares does William F. Leimkuhler hold after this transaction?

Following the reported sale, William F. Leimkuhler directly holds 41,495 shares of ARGAN INC Common Stock. This post-transaction holding figure is stated in the Form 4 under total shares following the transaction.

Was the ARGAN INC (AGX) transaction a buy or a sell by William F. Leimkuhler?

The transaction was a sale. The Form 4 shows transaction code "S" and describes it as an open-market sale, indicating that Leimkuhler sold shares rather than purchasing additional ARGAN INC stock.

What type of security did William F. Leimkuhler trade in ARGAN INC (AGX)?

He traded Common Stock of ARGAN INC. The Form 4 identifies the security title as Common Stock and classifies the transaction as a non-derivative open-market sale, rather than involving options or other derivative securities.

Did William F. Leimkuhler use derivatives in this ARGAN INC (AGX) Form 4 transaction?

No, the filing shows no derivative transactions. The reported activity involves only non-derivative ARGAN INC Common Stock, and the derivative summary section is empty, indicating no options or similar instruments were exercised or traded.