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[Form 4] ARGAN INC Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Argan Inc. director James W. Quinn reported recent gifts and sales of company stock. On December 9, 2025, he gifted 1,000 shares of Argan common stock to The Quinn Family Fund, a donor-advised fund, at a reported price of $0 per share. Following that transaction, he directly held 4,578 shares and The Quinn Family Fund held 1,000 shares indirectly attributed to him.

On December 10, 2025, The Quinn Family Fund sold its 1,000 shares of Argan common stock on the open market at $328.04 per share, leaving it with 0 shares. The filing also reports an additional 43,992 shares of Argan common stock held indirectly through the James W. Quinn 2025 GRAT No.1.

Positive

  • None.

Negative

  • None.
Insider QUINN JAMES W
Role Director
Sold 1,000 shs ($328K)
Type Security Shares Price Value
Sale Common Stock 1,000 $328.04 $328K
Gift Common Stock 1,000 $0.00 --
Gift Common Stock 1,000 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 0 shares (Indirect, The Quinn Family Fund (DAF)); Common Stock — 4,578 shares (Direct)
Footnotes (1)
  1. On December 9, 2025, the Reporting person gifted 1,000 shares of the Issuer's common stock to the Quinn Family Fund, a donor-advised fund administered by Raymond James. On December 10, 2025, the Quinn Family Fund sold 1,000 shares of the Issuer's common stock on the open market at a price of $328.04 per share.
Form 4 Insider Transactions: What Each Field Means →
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*
QUINN JAMES W
(Last) (First) (Middle)
C/O ALLEN & COMPANY, 711 FIFTH AVENUE
(Street)
NEW YORK NY 10022
(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)
12/09/2025
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 12/09/2025 G 1,000(1) D $0 4,578 D
Common Stock 12/09/2025 G 1,000(1) A $0 1,000 I The Quinn Family Fund (DAF)
Common Stock 12/10/2025 S 1,000(2) D $328.04 0 I The Quinn Family Fund (DAF)
Common Stock 43,992 I the James W. Quinn 2025 GRAT No.1
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
Explanation of Responses:
1. On December 9, 2025, the Reporting person gifted 1,000 shares of the Issuer's common stock to the Quinn Family Fund, a donor-advised fund administered by Raymond James.
2. On December 10, 2025, the Quinn Family Fund sold 1,000 shares of the Issuer's common stock on the open market at a price of $328.04 per share.
/s/ James W. Quinn 12/10/2025
** 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.

Source: View Original Filing on SEC EDGAR