Welcome to our dedicated page for Argan SEC filings (Ticker: AGX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Argan, Inc. SEC filings document the company’s operating results, material events and governance as a NYSE-listed construction services issuer. Recent 8-K filings report quarterly and fiscal financial results, cash dividends, share repurchase program actions, and engineering, procurement and construction contract developments involving Gemma Power Systems and power-generation projects.
Proxy materials cover board elections, executive compensation, equity awards, shareholder voting matters and related governance disclosures. The filings also identify Argan’s common stock registration and formal event reporting for capital allocation and project-backlog developments.
Argan Inc. director reports vested equity awards. On 12/14/2025 and 12/16/2025, the reporting person acquired 856 and 1,844 shares of Argan Inc. common stock at a price of $0 following the exercise of derivative awards, bringing direct ownership to 19,128 common shares.
The transactions relate to time-based restricted stock units awarded on 12/14/2023 and 12/16/2022, under which 833 and 1,750 shares of common stock became issuable on the respective 2025 vesting dates, adjusted for dividends. After these settlements, the director continues to hold 3,114 and 1,364 time-based restricted stock units as derivative securities.
Argan Inc. director William F. Leimkuhler reported stock awards vesting that increased his direct ownership of the company’s common shares. On December 14, 2025, 856 shares of common stock were acquired at $0 per share following the vesting of time-based restricted stock units awarded earlier. On December 16, 2025, a further 1,844 shares were acquired at $0 per share from another time-based restricted stock unit award.
After these transactions, Leimkuhler directly beneficially owned 41,534 shares of Argan Inc. common stock. He also continues to hold time-based restricted stock units, with 3,114 units remaining from the 2023 award and 1,364 units remaining from the 2022 award.
Argan Inc. director James W. Quinn reported recent gifts and sales of company stock. On December 9, 2025, he gifted 1,000 shares of Argan common stock to The Quinn Family Fund, a donor-advised fund, at a reported price of $0 per share. Following that transaction, he directly held 4,578 shares and The Quinn Family Fund held 1,000 shares indirectly attributed to him.
On December 10, 2025, The Quinn Family Fund sold its 1,000 shares of Argan common stock on the open market at $328.04 per share, leaving it with 0 shares. The filing also reports an additional 43,992 shares of Argan common stock held indirectly through the James W. Quinn 2025 GRAT No.1.
Argan, Inc. announced that its Board of Directors has declared a regular quarterly cash dividend of $0.50 per share of common stock. The dividend will be paid on January 30, 2026 to stockholders who are on record as of the close of business on January 22, 2026. This reflects the company’s ongoing practice of returning cash to shareholders through regular dividends.
Argan Inc. director and non-executive chairman William F. Griffin, Jr. reported an internal share transfer between his affiliated trusts. On December 5, 2025, 140,976 shares of Argan common stock were moved from the William F Griffin Jr. Revocable Trust to the William F Griffin 2025 GRAT Trust at a reported price of $0 per share. Following the transaction, the revocable trust no longer held these shares and the 2025 GRAT trust held 140,976 shares indirectly on his behalf.
Argan, Inc. (AGX) reported solid third‑quarter results for the period ended October 31, 2025. Quarterly revenues were $251.2 million, slightly below $257.0 million a year ago, but profitability improved. Net income rose to $30.7 million from $28.0 million, and diluted earnings per share increased to $2.17 from $2.00. Gross profit expanded to $46.9 million from $44.3 million as project mix and execution boosted margins.
For the first nine months of the year, revenues grew to $682.6 million from $641.7 million, while net income climbed to $88.6 million from $54.1 million, lifting diluted EPS to $6.27 from $3.91. Cash and cash equivalents more than doubled to $306.3 million, and total investments reached $420.5 million, supporting a strong balance sheet with no borrowings on the $35.0 million credit facility. The company increased its quarterly dividend by 33% to $0.50 per share and expanded project backlog to $3.0 billion, largely in natural gas and renewable power projects.
Argan, Inc. reported that it has released its financial results for the three months ended October 31, 2025. The company announced these quarterly results through a press release dated December 4, 2025, which is attached as an exhibit to this report. The press release contains the detailed financial information and discussion of Argan’s operating performance for the period.
Argan, Inc. insider William F. Griffin, Jr., a director and non-executive chairman, reported an internal trust-to-trust transfer of company stock. On December 1, 2025, he moved 5,000 shares of Argan common stock from the Griffin Family Trust to the William F. Griffin Jr. Revocable Trust at a stated price of $0. The filing states this resulted in no change in his overall beneficial ownership of Argan shares.
After the transaction, the Griffin Family Trust held 0 shares, while the William F. Griffin Jr. Revocable Trust held 140,976 shares indirectly for his benefit. An additional 11,650 shares were indirectly held through the Peach Pit Foundation, for which his wife serves as trustee. No derivative securities were reported.
Argan, Inc. announced that subsidiary Gemma Power Systems entered into an engineering, procurement and construction (EPC) contract and received a full notice to proceed for an approximately 860 MW natural gas‑fired power plant in the ERCOT market. The company stated the full contract value will be included in its project backlog for the quarter ended October 31, 2025.
This adds a large, multi‑year EPC project to Argan’s pipeline. While financial terms were not disclosed, including the full amount in backlog signals future revenue recognition tied to project milestones after the notice to proceed.
Argan, Inc. announced that subsidiary Gemma Power Systems received full notice to proceed on an EPC contract for CPV’s Basin Ranch Energy Center in Ward County, Texas. The project is a 1,350 MW 2–1×1 combined-cycle power plant using GE 7HA.03 turbines, designed with an option to add carbon capture capability.
Construction is expected to begin this fall, with a scheduled completion in 2028. Argan stated that the full amount of the contract value will be included in its consolidated project backlog for the period ending October 31, 2025. This adds a sizable long-duration power project to Gemma’s pipeline, aligning with utility-scale gas generation and optional decarbonization features.