Argan CFO exercises options, sells 760 shares
ARGAN INC Chief Financial Officer Joshua Scott Baugher reported option exercises and share sales in company stock.
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Form Type
4
Rhea-AI Filing Summary
ARGAN INC Chief Financial Officer Joshua Scott Baugher reported option exercises and share sales in company stock. On June 17, 2026, he exercised a stock option awarded on April 16, 2024 to purchase 1,000 shares of common stock at a price of $61.22 per share using the net settle method. That same day, he sold 455 shares on the open market at $732.83 per share and 305 shares at $734 per share, resulting in total open-market sales of 760 shares.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Baugher Joshua Scott
Role
Chief Financial Officer
Sold
760 shs ($557K)
Approx. gross sale proceeds
$557K
Approx. exercise cost
$61K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to Purchase Common Stock | 1,000 | $61.22 | $61K |
| Exercise | Common Stock | 455 | $61.22 | $28K |
| Sale | Common Stock | 455 | $732.83 | $333K |
| Sale | Common Stock | 305 | $734.00 | $224K |
Holdings After Transaction:
Option to Purchase Common Stock — 1,708 contracts (Direct);
Common Stock — 1,479 shares (Direct)
Footnotes (3)
- F1. On June 17, 2026, the Reporting Person exercised a portion of his stock option awarded on April 16, 2024 to purchase 1,000 shares of the Issuer's common stock at a price of $61.22 per share using the net settle method.
- F2. On June 17, 2026, the Reporting Person sold 455 shares of the Issuer's common stock on the open market at a price of $732.83 per share.
- F3. On June 17, 2026, the Reporting Person sold 305 shares of the Issuer's common stock on the open market at a price of $734 per share.
Key Figures
Shares sold: 760 shares
First sale block: 455 shares at $732.83/share
Second sale block: 305 shares at $734/share
+3 more
6 metrics
Shares sold
760 shares
Total common stock sold in open market on June 17, 2026
First sale block
455 shares at <money>$732.83</money>/share
Open-market sale of common stock on June 17, 2026
Second sale block
305 shares at <money>$734</money>/share
Open-market sale of common stock on June 17, 2026
Options exercised
1,000 shares at <money>$61.22</money>/share
Stock option exercise using net settle method on June 17, 2026
Option grant date
<date>April 16, 2024</date>
Award date of stock option later exercised
Option expiration
<date>April 16, 2034</date>
Expiration date of option to purchase common stock
Key Terms
stock option, net settle method, open market, Form 4
4 terms
stock option financial
"the Reporting Person exercised a portion of his stock option awarded on April 16, 2024"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
net settle method financial
"to purchase 1,000 shares of the Issuer's common stock at a price of $61.22 per share using the net settle method"
open market financial
"sold 455 shares of the Issuer's common stock on the open market at a price of $732.83 per share"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ARGAN (AGX) report for CFO Joshua Scott Baugher?
ARGAN’s CFO Joshua Scott Baugher exercised stock options and sold shares. On June 17, 2026, he exercised options for 1,000 common shares at $61.22, then sold 455 shares at $732.83 and 305 shares at $734 in open-market transactions.
At what price did the ARGAN (AGX) CFO exercise his stock options?
He exercised stock options at a price of $61.22 per share. On June 17, 2026, he used the net settle method to exercise an option awarded April 16, 2024 to purchase 1,000 shares of ARGAN common stock at that exercise price.
What type of transactions are shown in the ARGAN (AGX) CFO Form 4 filing?
The Form 4 shows both an option exercise and open-market sales. It reports a derivative exercise of stock options for 1,000 common shares and two separate open-market sales totaling 760 common shares on June 17, 2026.
Were the ARGAN (AGX) CFO’s transactions direct or indirect holdings?
All reported transactions involve direct holdings by the CFO. The Form 4 lists the ownership code as direct for both the common stock and the stock option positions, with no indication of trusts, LLCs, or other indirect entities in the footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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