Argan Inc (AGX) director Leimkuhler sells 11,044 company shares

Rhea-AI Filing Summary

Argan Inc. director William F. Leimkuhler reported a sale of company stock. On January 16, 2026, he sold 11,044 shares of Argan Inc. common stock at an average price of $379.15 per share, as shown in the Form 4 filing.

After this transaction, he beneficially owned 49,939 shares of Argan Inc. common stock in direct ownership. This filing reflects a routine insider transaction and does not by itself describe any change in the company’s operations or financial performance.

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

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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^*

Leimkuhler William F.

(Last) (First) (Middle)

43 SALEM STRAITS ROAD

(Street)

DARIEN CT 06820

(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)
01/16/2026

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	01/16/2026		S		11,044(1)	D	$379.15	49,939	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

Explanation of Responses:

1. On January 16, 2026, the Reporting Person sold 11,044 shares of the Issuer's common stock at an average price of of $379.15 per share.

	/s/ William F. Leimkuhler	01/21/2026
	** 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).
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FAQ

What insider transaction did Argan Inc (AGX) report in this Form 4?

The filing shows that director William F. Leimkuhler sold 11,044 shares of Argan Inc. common stock on January 16, 2026 at an average price of $379.15 per share.

Who is the reporting person in the Argan Inc (AGX) Form 4?

The reporting person is William F. Leimkuhler, who is identified as a director of Argan Inc. and not a 10% owner or officer.

How many Argan Inc (AGX) shares does the director own after the sale?

Following the reported transaction, William F. Leimkuhler beneficially owned 49,939 shares of Argan Inc. common stock in direct ownership.

What was the transaction code used in this Argan Inc (AGX) Form 4?

The transaction is coded as “S”, indicating an open market or private sale of non-derivative common stock.

Does the Form 4 show any derivative securities for Argan Inc (AGX)?

No derivative securities are listed with transactions in the provided Table II; the reported activity relates only to common stock in Table I.

Is this Argan Inc (AGX) Form 4 filed for one or multiple reporting persons?

The document indicates that it is a Form filed by one reporting person, namely director William F. Leimkuhler.