David H. Watson - Dec 18, 2024 Form 4 Insider Report for ARGAN INC (AGX)

Role
PRESIDENT AND CEO, Director
Signature
/s/ David H. Watson
Stock symbol
AGX
Transactions as of
Dec 18, 2024
Transactions value $
-$3,227,247
Form type
4
Date filed
12/20/2024, 04:15 PM
Previous filing
Sep 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGX Common Stock Options Exercise $803K +12.5K +25.62% $64.25 61.3K Dec 18, 2024 Direct F1
transaction AGX Common Stock Sale -$1.46M -10K -16.32% $146.05 51.3K Dec 18, 2024 Direct F2
transaction AGX Common Stock Gift $0 -500 -0.97% $0.00 50.8K Dec 18, 2024 Direct F3
holding AGX Common Stock 500 Dec 18, 2024 Held in The David and Laura Watson Foundation

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 -$2.57M -40K -77.92% $64.25 11.3K Dec 18, 2024 Common Stock 40K $64.25 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 18, 2024, the Reporting Person exercised his stock option awarded on April 6, 2017 to purchase 40,000 shares of the Issuer's common stock at a price of $64.25 per share, using the net settle method.
F2 On December 18, 2024, the Reporting Person sold 10,000 shares of common stock on the open market at an average price of $146.05 per share.
F3 On December 18, 2024, the Reporting Person gifted 500 shares of the Issuer's common stock to the David and Laura Watson Foundation.