Argan Inc (NYSE: AGX) director reports stock gift, RSU grant and vesting
Rhea-AI Filing Summary
ARGAN INC director Cynthia Flanders reported several equity-related moves involving the company’s common stock and restricted stock units. She exercised derivative securities to acquire 533 shares of common stock, then made a bona fide gift of 1,000 common shares, leaving her with 25,207 shares held directly.
Flanders’ compensation also included equity awards tied to future service. She was granted time-based restricted stock units covering 189 shares of common stock, which will fully vest on June 10, 2027 or on the date of the 2027 Annual Meeting of Stockholders, whichever occurs first. She also converted 530 previously awarded time-based restricted stock units into common shares, and now holds 834 time-based restricted stock units following these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 467 shares
Net Sell
4 txns
Insider
Flanders Cynthia
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Time-Based Restricted Stock Units | 530 | $0.00 | $0.00 |
| Grant/Award | Time-Based Restricted Stock Units | 189 | $0.00 | $0.00 |
| Gift | Common Stock | 1,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 533 | $0.00 | $0.00 |
Holdings After Transaction:
Time-Based Restricted Stock Units — 1,023 shares (Direct);
Common Stock — 25,740 shares (Direct)
Footnotes (3)
- F1. On June 10, 2026, the Reporting Person made a bona fide gift of 1,000 shares of the Issuer's common stock.
- F2. 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.
- F3. 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.
Key Figures
Common shares acquired via exercise: 533 shares
Common shares gifted: 1,000 shares
RSUs granted: 189 units
+3 more
6 metrics
Common shares acquired via exercise
533 shares
Exercise or conversion of derivative security on June 10, 2026
Common shares gifted
1,000 shares
Bona fide gift of ARGAN INC common stock on June 10, 2026
RSUs granted
189 units
Time-Based Restricted Stock Units granted on June 10, 2026
RSUs converted to common stock
530 units
Previously granted TRSUs vesting into common shares on June 10, 2026
Common shares held after transactions
25,207 shares
Direct ownership following June 10, 2026 transactions
RSUs held after transactions
834 units
Time-Based Restricted Stock Units remaining after June 10, 2026
Key Terms
Time-Based Restricted Stock Units, bona fide gift, vesting schedule, Annual Meeting of Stockholders
4 terms
Time-Based Restricted Stock Units financial
"Pursuant to the one-year vesting schedule of the Time-Based Restricted Stock Units ("TRSUs") awarded to the Reporting Person..."
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.
bona fide gift financial
"On June 10, 2026, the Reporting Person made a bona fide gift of 1,000 shares of the Issuer's common stock."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
vesting schedule financial
"Pursuant to the one-year vesting schedule of the Time-Based Restricted Stock Units ("TRSUs") awarded to the Reporting Person..."
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
Annual Meeting of Stockholders financial
"The TRSUs will vest fully on June 10, 2027 or on the date of the 2027 Annual Meeting of Stockholders, whichever comes first."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Cynthia Flanders report for ARGAN INC (AGX)?
Director Cynthia Flanders reported exercising derivative securities into 533 shares of ARGAN INC common stock, making a bona fide gift of 1,000 shares, receiving 189 new time-based restricted stock units, and converting 530 previously awarded restricted stock units into common stock on June 10, 2026.
What new equity award did Cynthia Flanders receive from ARGAN INC (AGX)?
Cynthia Flanders received a grant of time-based restricted stock units covering 189 shares of ARGAN INC common stock. These units will fully vest on June 10, 2027 or on the date of the 2027 Annual Meeting of Stockholders, whichever date comes first, subject to plan conditions.
How were Cynthia Flanders’ previously awarded ARGAN INC restricted stock units treated?
Previously awarded time-based restricted stock units vested for Cynthia Flanders, resulting in 530 shares of ARGAN INC common stock becoming issuable on June 10, 2026. The vesting followed a one-year schedule for TRSUs granted June 17, 2025 and was adjusted for dividends, according to footnotes.