Argan director exercises options, receives 895 shares

Net settlement resulted in 895 common shares, while 5,775 directly held common shares were reported afterward.

Available on EDGAR 09/23/2026 - 04:16 PM EDT Accepted by SEC EDGAR 09/23/2026 - 04:15 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

ARGAN INC (AGX) director Peter W. Getsinger exercised an option covering 1,000 shares on September 22, 2026, at $40.15 per share using net settlement, acquiring 895 common shares. Afterward, he reported 5,775 directly held common shares and options covering 2,000 shares. He also reported 133 shares held in a custody account for a child and 267 shares held in a children's trust. No Rule 10b5-1 plan is reported.

Insider Trade Summary

1,000 shares exercised/converted

Exercise 2 txns

Insider Getsinger Peter W

Role Director

Type	Security	Shares	Price	Value
Exercise	Option to Purchase Common Stock F1	1,000	$40.15	$40K
Exercise	Common Stock F1	895	$40.15	$36K
Holding	Common Stock	--	--	--
Holding	Common Stock	--	--	--

Holdings After Transaction: Option to Purchase Common Stock — 2,000 options (Direct); Common Stock — 5,775 shares (Direct); Common Stock — 133 shares (Indirect, Held in Custody Account for Child); Common Stock — 267 shares (Indirect, Held in Children's Trust)

Holdings Before and After: Option to Purchase Common Stock, 3,000 to 2,000 options (Direct); Common Stock, 4,880 to 5,775 shares (Direct)

Footnotes (1)

1. F1. On September 22, 2026, the Reporting Person exercised a portion of his stock option awarded on December 23, 2019 to purchase 1,000 shares of the Issuer's common stock at a price of $40.15 per share using the net settle method.

Key Figures

Options exercised: 1,000 shares Exercise price: $40.15 per share Common shares acquired: 895 shares +4 more

7 metrics

Options exercised 1,000 shares September 22, 2026

Exercise price $40.15 per share Option exercise on September 22, 2026

Common shares acquired 895 shares Net settlement on September 22, 2026

Direct common shares following transaction 5,775 shares September 22, 2026

Options following transaction 2,000 shares September 22, 2026

Shares in custody account for child 133 shares September 22, 2026

Shares in children's trust 267 shares September 22, 2026

Key Terms

net settle method, stock option, Option to Purchase Common Stock

3 terms

net settle method financial

"using the net settle method"

stock option financial

"stock option awarded on December 23, 2019"

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.

Option to Purchase Common Stock financial

"Option to Purchase Common Stock"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many AGX shares did Peter W. Getsinger receive in the option exercise?

Director Peter W. Getsinger exercised an option covering 1,000 shares at $40.15 per share on September 22, 2026, using net settlement, and acquired 895 common shares.

What AGX holdings did Peter W. Getsinger report after exercising options?

He reported 5,775 directly held common shares and options covering 2,000 shares. He also reported 133 shares held in a custody account for a child and 267 shares held in a children's trust.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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^*

Getsinger Peter W

(Last) (First) (Middle)

4075 WILSON BOULEVARD

SUITE 440

(Street)

ARLINGTON VIRGINIA 22203

(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)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/22/2026

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	09/22/2026		M		895(1)	A	$40.15	5,775	D
Common Stock								133	I	Held in Custody Account for Child
Common Stock								267	I	Held in Children's Trust

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
Option to Purchase Common Stock	$40.15	09/22/2026		M			1,000(1)	12/23/2020	12/23/2029	Common Stock	1,000	$40.15	2,000	D

Explanation of Responses:

1. On September 22, 2026, the Reporting Person exercised a portion of his stock option awarded on December 23, 2019 to purchase 1,000 shares of the Issuer's common stock at a price of $40.15 per share using the net settle method.

	/s/ Peter W. Getsinger	09/23/2026
	** 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)