Argan director acquires 695 shares via RSU vesting
ARGAN INC director Lisa Larroque Alexander reported routine equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
ARGAN INC director Lisa Larroque Alexander reported routine equity compensation activity. On April 16, 2026, 695 Time-Based Restricted Stock Units vested and were converted into 695 shares of common stock, consistent with a one-year vesting schedule for TRSUs granted on April 16, 2025.
Following these transactions, she directly holds 700 shares of common stock and 530 Time-Based Restricted Stock Units. These entries reflect compensation-related derivative exercises rather than open-market buying or selling.
Insider Trade Summary
695 shares exercised/converted
Exercise
2 txns
Insider
Larroque Alexander Lisa
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Time-Based Restricted Stock Units | 695 | $0.00 | $0.00 |
| Exercise | Common Stock | 700 | $0.00 | $0.00 |
Holdings After Transaction:
Time-Based Restricted Stock Units — 530 contracts (Direct);
Common Stock — 700 shares (Direct)
Footnotes (1)
- F1. Pursuant to the one-year vesting schedule of the Time-Based Restricted Stock Units ("TRSUs") awarded to the Reporting Person on April 16, 2025, 695 shares of common stock became issuable to the Reporting Person on April 16, 2026 and is adjusted for dividends.
Key Figures
Common shares acquired: 700 shares
TRSUs converted: 695 units
TRSUs remaining: 530 units
+1 more
4 metrics
Common shares acquired
700 shares
Common Stock transaction on April 16, 2026; direct holdings after transaction
TRSUs converted
695 units
Time-Based Restricted Stock Units vested and became issuable as common stock on April 16, 2026
TRSUs remaining
530 units
Time-Based Restricted Stock Units held after the derivative transaction
Derivative exercises
695 shares
exerciseShares reported in transaction summary for derivative exercises
Key Terms
Time-Based Restricted Stock Units, TRSUs, vesting schedule, derivative security
4 terms
Time-Based Restricted Stock Units financial
"Pursuant to the one-year vesting schedule of the Time-Based Restricted Stock Units"
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
"Time-Based Restricted Stock Units ("TRSUs") awarded to the Reporting Person on April 16, 2025"
vesting schedule financial
"Pursuant to the one-year vesting schedule of the Time-Based Restricted Stock Units"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ARGAN INC (AGX) disclose for Lisa Larroque Alexander?
ARGAN INC reported that director Lisa Larroque Alexander had 695 Time-Based Restricted Stock Units vest and convert into 695 shares of common stock. These compensation-related transactions occurred on April 16, 2026 and did not involve any open-market buying or selling activity.
What happened to the 695 Time-Based Restricted Stock Units for ARGAN INC (AGX)?
The 695 Time-Based Restricted Stock Units vested and became issuable as 695 shares of ARGAN INC common stock on April 16, 2026. The vesting followed a one-year schedule tied to TRSUs originally awarded on April 16, 2025 and adjusted for dividends over that period.
How many Time-Based Restricted Stock Units remain for the ARGAN INC (AGX) director?
Following the April 16, 2026 vesting event, the director holds 530 Time-Based Restricted Stock Units. These remaining derivative securities are in addition to her 700 directly held common shares and represent unvested equity awards that did not convert into common stock in this transaction.
What vesting schedule applied to the ARGAN INC (AGX) TRSUs in this filing?
The Time-Based Restricted Stock Units were subject to a one-year vesting schedule. TRSUs awarded to the director on April 16, 2025 became issuable as 695 shares of common stock on April 16, 2026, with the number of shares adjusted for dividends during that vesting period.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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