William F. Leimkuhler - 14 Jun 2024 Form 4 Insider Report for ARGAN INC (AGX)

Role: Director
Signature: /s/ William F. Leimkuhler
Issuer symbol: AGX
Transactions as of: 14 Jun 2024
Net transactions value: +$186,211
Form type: 4
Filing time: 18 Jun 2024, 09:15:07 UTC
Previous filing: 18 Dec 2023
Next filing: 23 Sep 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AGX	Common Stock	Options Exercise	$186,211	+5,852	+15%	$31.82	45,852	14 Jun 2024	Direct	F1
holding	AGX	Common Stock						1,000	14 Jun 2024	Elizabeth K Leimkuhler Trust under agreement dated August 30, 2005
holding	AGX	Common Stock						1,000	14 Jun 2024	Emily K Leimkuhler Trust under agreement dated August 30, 2005

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AGX	Option to Purchase Common Stock	Options Exercise	$0	-10,000	-12%	$0.000000	71,500	14 Jun 2024	Common Stock	10,000	$31.82	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On June 14, 2024, the Reporting Person exercised his option awarded on December 11, 2014 to purchase 10,000 shares of the Issuer's common stock at a price of $31.82 per share, using the net settle approach.