[Form 4] ARGAN INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QUINN JAMES W reported acquisition or exercise transactions in this Form 4 filing.
ARGAN INC director James W. Quinn reported equity compensation-related transactions with no open-market buying or selling. On June 10, 2026, 530 shares of common stock became issuable to him as earlier-awarded Time-Based Restricted Stock Units vested, increasing his directly held common stock to 15,580 shares.
On the same date, he received a new grant of 189 Time-Based Restricted Stock Units, which will vest fully on June 10, 2027 or on the date of the 2027 Annual Meeting of Stockholders, whichever comes first. Following these transactions, he also indirectly holds 36,223 common shares through the James W. Quinn 2025 GRAT No.1 and directly holds 1,023 Time-Based Restricted Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
530 shares exercised/converted
Mixed
4 txns
Insider
QUINN JAMES W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Time-Based Restricted Stock Units | 530 | $0.00 | -- |
| Grant/Award | Time-Based Restricted Stock Units | 189 | $0.00 | -- |
| Exercise | Common Stock | 533 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Time-Based Restricted Stock Units — 834 shares (Direct, null);
Common Stock — 15,580 shares (Direct, null);
Common Stock — 36,223 shares (Indirect, the James W. Quinn 2025 GRAT No.1)
Footnotes (1)
- Pursuant to the one-year vesting schedule of the Time-Based Restricted Stock Unit ("TRSU") 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. 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 from RSU vesting: 530 shares
New TRSU grant: 189 units
Direct common stock holdings: 15,580 shares
+3 more
6 metrics
Common shares from RSU vesting
530 shares
Became issuable on June 10, 2026 under TRSU award
New TRSU grant
189 units
Granted June 10, 2026, vesting by June 10, 2027 or 2027 meeting
Direct common stock holdings
15,580 shares
Shares of ARGAN INC common stock held directly after transactions
Time-Based RSUs outstanding
1,023 units
Time-Based Restricted Stock Units held directly after grant and conversion
Indirect common stock holdings
36,223 shares
Common shares held via the James W. Quinn 2025 GRAT No.1
Exercise transactions
1 transaction, 530 shares
Derivative exercise/conversion events summarized in transactionSummary
Key Terms
Time-Based Restricted Stock Units, TRSUs, GRAT, derivative security
4 terms
Time-Based Restricted Stock Units financial
"Pursuant to the one-year vesting schedule of the Time-Based Restricted Stock Unit ("TRSU") 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.
TRSUs financial
"On June 10, 2026, the Reporting Person was granted TRSUs covering 189 shares of the Issuer's common stock."
GRAT financial
"nature_of_ownership": "the James W. Quinn 2025 GRAT No.1""
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
