ARGAN INC (AGX) director sells 8,444 shares in open-market trade
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,444 shares ($5,053,650)
Net Sell
1 txn
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)
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Key Figures
Shares sold: 8,444 shares
Average sale price: $598.49 per share
Shares held after sale: 41,495 shares
3 metrics
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
Key Terms
open-market sale, Common Stock, Form 4, reporting person
4 terms
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"
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.
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.