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

Role
Director
Signature
/s/ William F. Leimkuher
Issuer symbol
AGX
Transactions as of
14 Dec 2024
Net transactions value
$0
Form type
4
Filing time
16 Dec 2024, 17:44:35 UTC
Previous filing
02 Dec 2024
Next filing
22 Jan 2025
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 $0 +1,757 +4.9% $0.000000 37,609 14 Dec 2024 Direct F1
transaction AGX Common Stock Options Exercise $0 +835 +2.2% $0.000000 38,444 14 Dec 2024 Direct F2
holding AGX Common Stock 1,000 14 Dec 2024 Elizabeth K Leimkuhler Trust under agreement dated August 30, 2005
holding AGX Common Stock 1,000 14 Dec 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 Time-Based Restricted Stock Units Award $0 +388 +6.5% $0.000000 6,388 12 Dec 2024 Common Stock 388 $0.000000 Direct F3
transaction AGX Time-Based Restricted Stock Units Options Exercise $0 -1,750 -27% $0.000000 4,638 14 Dec 2024 Common Stock 1,750 $0.000000 Direct F1
transaction AGX Time-Based Restricted Stock Units Options Exercise $0 -833 -18% $0.000000 3,805 14 Dec 2024 Common Stock 833 $0.000000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the three-year vesting schedule of the Time-Based Restricted Stock Unit ("TRSU") awarded to the Reporting Person on December 14, 2021, 1,750 shares of Common Stock became issuable to the Reporting Person on December 14, 2024 and is adjusted for dividends.
F2 Pursuant to the three-year vesting schedule of the TRSUs awarded to the Reporting Person on December 14, 2023, 833 shares of Common Stock became issuable to the Reporting Person on December 14, 2024 and is adjusted for dividends.
F3 On December 12, 2024, the Reporting Person was granted TRSUs covering 388 shares of the Issuer's common stock. The TRSUs will vest fully on June 10, 2025.