ARGAN INC Insider Trading Activity

Argan Inc. director Peter W. Getsinger reported multiple stock transactions in early January 2026.

Rhea-AI Filing Summary

Argan Inc. director Peter W. Getsinger reported multiple stock transactions in early January 2026. On January 7, 2026, he sold 4,000 shares of Argan common stock on the open market at an average price of $328.34 per share. That same day, he exercised a stock option to purchase 7,500 shares at an exercise price of $40.15 per share using the net settle method, resulting in 6,595 shares of common stock being acquired.

On January 8, 2026, Getsinger sold another 6,595 shares on the open market at an average price of $313.71 per share. Following these transactions, he directly owned 7,847 shares of Argan common stock and held 14,000 stock options to purchase additional shares.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 4 txns

Insider Getsinger Peter W

Role Director

Sold 10,595 shs ($3.38M)

Approx. gross sale proceeds $3.38M

Approx. exercise cost $301K

Type	Security	Shares	Price	Value
Sale	Common Stock	6,595	$313.71	$2.07M
Exercise	Option to Purchase Common Stock	7,500	$40.15	$301K
Sale	Common Stock	4,000	$328.34	$1.31M
Exercise	Common Stock	6,595	$40.15	$265K

Holdings After Transaction: Option to Purchase Common Stock — 14,000 contracts (Direct); Common Stock — 7,847 shares (Direct)

Footnotes (3)

1. F1. On January 7, 2026, the Reporting Person sold 4,000 shares of the Issuer's common stock on the open market at an average price of $328.34 per share.
2. F2. On January 7, 2026, the Reporting Person exercised a portion of his stock option to purchase 7,500 shares of the Issuer's common stock at a price of $40.15 per share, using the net settle method.
3. F3. On January 8, 2026, the Reporting Person sold 6,595 shares of the Issuer's common stock on the open market at an average price of $313.71 per share.

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Accepted by SEC EDGAR 01/09/2026 - 06:41 PM EST Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Getsinger Peter W

(Last) (First) (Middle)

4075 WILSON BOULEVARD

SUITE 440

(Street)

ARLINGTON VA 22203

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ARGAN INC [ AGX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/07/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/07/2026		S		4,000(1)	D	$328.34	7,847	D
Common Stock	01/07/2026		M		6,595(2)	A	$40.15	14,442	D
Common Stock	01/08/2026		S		6,595(3)	D	$313.71	7,847	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option to Purchase Common Stock	$40.15	01/07/2026		M			7,500(2)	12/23/2020	12/23/2029	Common Stock	7,500	$40.15	14,000	D

Explanation of Responses:

1. On January 7, 2026, the Reporting Person sold 4,000 shares of the Issuer's common stock on the open market at an average price of $328.34 per share.

2. On January 7, 2026, the Reporting Person exercised a portion of his stock option to purchase 7,500 shares of the Issuer's common stock at a price of $40.15 per share, using the net settle method.

3. On January 8, 2026, the Reporting Person sold 6,595 shares of the Issuer's common stock on the open market at an average price of $313.71 per share.

	/s/ Peter W. Getsinger	01/09/2026
	** Signature of Reporting Person	Date
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.