Rainer H. Bosselmann - Jul 5, 2024 Form 4 Insider Report for ARGAN INC (AGX)

Role
Director
Signature
/s/ Rainer H. Bosselmann
Stock symbol
AGX
Transactions as of
Jul 5, 2024
Transactions value $
-$684,331
Form type
4
Date filed
7/9/2024, 05:07 PM
Previous filing
Jun 17, 2024
Next filing
Jul 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGX Common Stock Options Exercise $465K +14.2K +5.75% $32.68 262K Jul 5, 2024 Direct F1
transaction AGX Common Stock Options Exercise $468K +13.8K +5.27% $33.85 276K Jul 5, 2024 Direct F2
transaction AGX Common Stock Options Exercise $375K +9.96K +3.61% $37.60 286K Jul 5, 2024 Direct F3
transaction AGX Common Stock Options Exercise $374K +11.1K +3.87% $33.81 297K Jul 5, 2024 Direct F4
transaction AGX Common Stock Options Exercise $78.2K +2.13K +0.72% $36.78 299K Jul 5, 2024 Direct F5
transaction AGX Common Stock Sale -$1.79M -25K -8.36% $71.52 274K Jul 8, 2024 Direct F6
transaction AGX Common Stock Sale -$656K -9.2K -3.36% $71.31 265K Jul 9, 2024 Direct F7

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 -50K -16.95% $0.00 245K Jul 5, 2024 Common Stock 50K $32.68 Direct F1
transaction AGX Option to Purchase Common Stock Options Exercise $0 -50K -20.41% $0.00 195K Jul 5, 2024 Common Stock 50K $33.85 Direct F2
transaction AGX Option to Purchase Common Stock Options Exercise $0 -40K -20.51% $0.00 155K Jul 5, 2024 Common Stock 40K $37.60 Direct F3
transaction AGX Option to Purchase Common Stock Options Exercise $0 -40K -25.81% $0.00 115K Jul 5, 2024 Common Stock 40K $33.81 Direct F4
transaction AGX Option to Purchase Common Stock Options Exercise $0 -8.33K -7.25% $0.00 107K Jul 5, 2024 Common Stock 8.33K $36.78 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 5, 2024, the Reporting Person exercised his stock option awarded on April 16, 2015 to purchase 50,000 shares of the Issuer's Common Stock at a price of $32.68 per share, using the net settle approach.
F2 On July 5, 2024, the Reporting Person exercised his stock option awarded on April 13, 2016 to purchase 50,000 shares of the Issuer's Common Stock at a price of $33.85 per share, using the net settle approach.
F3 On July 5, 2024, the Reporting Person exercised his stock option awarded on April 13, 2018 to purchase 40,000 shares of the Issuer's Common Stock at a price of $37.60 per share, using the net settle approach.
F4 On July 5, 2024, the Reporting Person exercised his stock option awarded on April 16, 2020 to purchase 40,000 shares of the Issuer's Common Stock at a price of $33.81 per share, using the net settle approach.
F5 On July 5, 2024, the Reporting Person exercised a portion of his stock option awarded on April 18, 2022 to purchase 8,334 shares of the Issuer's Common Stock at a price of $36.78 per share, using the net settle approach.
F6 On July 8, 2024, the Reporting Person sold 25,000 shares of the Issuer's Common Stock on the open market at an average price of $71.52 per share.
F7 On July 9, 2024, the Reporting Person sold 9,197 shares of the Issuer's Common Stock on the open market at an average price of $71.31 per share.