Argan (AGX) director Griffin sells 50,000 shares held through GRAT

Rhea-AI Filing Summary

ARGAN INC director William F. Griffin Jr. reported two open-market sales of the company’s common stock held indirectly through the “William F Griffin Jr GRAT II dtd Oct 6, 2025.” On June 18, 2026, the GRAT sold 30,000 shares at an average price of $725.85 per share. On June 22, 2026, it sold another 20,000 shares at an average price of $760.43 per share. After these transactions, the reported indirect holding stands at 40,976 common shares.

Insights

Insider trading analyst

Director reports two open-market sales totaling 50,000 indirectly held shares.

The reporting person, a director of ARGAN INC, disclosed sales of 30,000 and 20,000 common shares held through a GRAT, at average prices of $725.85 and $760.43 per share. These are straightforward open-market dispositions, not linked to derivative exercises or tax withholding.

Following the transactions, the filing shows 40,976 common shares still held indirectly by the GRAT, indicating a remaining position. The filing does not reference any Rule 10b5-1 trading plan, so the timing appears discretionary based on the information provided.

Insider Trade Summary

Net Seller: 50,000 shares

Net Sell 2 txns

Insider Griffin William F Jr

Role Director

Sold 50,000 shs ($36.98M)

Type	Security	Shares	Price	Value
Sale	Common Stock	20,000	$760.43	$15.21M
Sale	Common Stock	30,000	$725.85	$21.78M

Holdings After Transaction: Common Stock — 40,976 shares (Indirect, William F Griffin Jr GRAT II dtd Oct 6, 2025)

Footnotes (2)

1. F1. On June 18, 2026, the Reporting Person sold 30,000 shares of the Issuer's common stock on the open market at an average price of $725.85 per share.
2. F2. On June 22, 2026, the Reporting Person sold 20,000 shares of the Issuer's common stock on the open market at an average price of $760.43 per share.

Key Figures

Shares sold June 18, 2026: 30,000 shares Price June 18, 2026: $725.85/share Shares sold June 22, 2026: 20,000 shares +3 more

6 metrics

Shares sold June 18, 2026 30,000 shares Open-market sale at $725.85 per share

Price June 18, 2026 $725.85/share Average sale price for 30,000 shares

Shares sold June 22, 2026 20,000 shares Open-market sale at $760.43 per share

Price June 22, 2026 $760.43/share Average sale price for 20,000 shares

Total shares sold 50,000 shares Two open-market sales in June 2026

Shares remaining indirectly held 40,976 shares Indirect ownership after June 22, 2026 sale

Key Terms

Common Stock, open market, GRAT, indirect, +1 more

5 terms

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.

open market financial

"sold 30,000 shares of the Issuer's common stock on the open market"

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.

GRAT financial

"William F Griffin Jr GRAT II dtd Oct 6, 2025"

indirect financial

"ownership_type": "indirect""

Form 4 regulatory

"This particular Form 4 filing"

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

What insider transactions did ARGAN INC (AGX) report for William F. Griffin Jr.?

ARGAN INC reported that director William F. Griffin Jr. sold 30,000 common shares on June 18, 2026 and 20,000 shares on June 22, 2026. Both were open-market sales executed through his GRAT holding entity.

How many ARGAN INC (AGX) shares did William F. Griffin Jr. sell and at what prices?

He sold a total of 50,000 ARGAN INC common shares in two trades. The June 18, 2026 sale averaged $725.85 per share, and the June 22, 2026 sale averaged $760.43 per share, both described as open-market transactions.

How many ARGAN INC (AGX) shares does William F. Griffin Jr. still hold after these sales?

After the reported transactions, the filing shows 40,976 ARGAN INC common shares held indirectly. These shares are owned through the “William F Griffin Jr GRAT II dtd Oct 6, 2025,” as reflected in the Form 4 ownership table.

Were the ARGAN INC (AGX) insider sales made directly by William F. Griffin Jr. or through an entity?

The sales were made through an indirect holding, the “William F Griffin Jr GRAT II dtd Oct 6, 2025.” The Form 4 lists ownership as indirect with that GRAT as the nature of ownership for the reported common stock transactions.

What type of transactions were reported for ARGAN INC (AGX) on this Form 4?

Both transactions were coded “S,” indicating sales of non-derivative common stock in open-market or private transactions. There were no derivative exercises, gifts, or tax-withholding entries disclosed in this particular Form 4 filing.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/23/2026 - 05:00 PM Accepted by SEC EDGAR 06/23/2026 - 05:00 PM 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^*

Griffin William F Jr

(Last) (First) (Middle)

150 E PALMETTO PARK ROAD

SUITE 800

(Street)

BOCA RATON FLORIDA 33432

(City) (State) (Zip)

UNITED STATES

(Country)

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)	X	Other (specify below)
			GEMMA, NON-EXECUTIVE CHAIRMAN

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026

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

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

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

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	06/18/2026		S		30,000(1)	D	$725.85	60,976	I	William F Griffin Jr GRAT II dtd Oct 6, 2025
Common Stock	06/22/2026		S		20,000(2)	D	$760.43	40,976	I	William F Griffin Jr GRAT II dtd Oct 6, 2025

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 June 18, 2026, the Reporting Person sold 30,000 shares of the Issuer's common stock on the open market at an average price of $725.85 per share.

2. On June 22, 2026, the Reporting Person sold 20,000 shares of the Issuer's common stock on the open market at an average price of $760.43 per share.

	/s/ William F. Griffin, Jr.	06/23/2026
	** 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.
* Form 4: SEC 1474 (03-26)