AGÕæÈ˹ٷ½

STOCK TITAN

[Form 4] Argan, Inc Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Key takeaway: On 17 June 2025, Argan, Inc. (AGX) filed a Form 4 showing that director Cynthia Flanders received 530 time-based restricted stock units (RSUs) under the company’s equity incentive plan.

The RSUs were reported under Transaction Code “A� (grant/acquisition) at a price of $0, meaning no cash changed hands. According to the footnote, the entire block will vest on 17 June 2026, at which point each RSU converts into one share of common stock.

After this award, Ms. Flanders now beneficially owns 3,947 RSUs in total, all held directly. The filing contains no sales, exercises, or disposals, and there is no indication that the award was made under a Rule 10b5-1 trading plan.

Because the grant involves a small number of shares relative to Argan’s total shares outstanding and is routine director compensation, it carries minimal immediate financial or dilution impact. Investors may, however, view the award as part of standard governance practice that aligns director incentives with shareholder interests.

Punto chiave: Il 17 giugno 2025, Argan, Inc. (AGX) ha presentato un Modulo 4 che mostra come la direttrice Cynthia Flanders abbia ricevuto 530 unità azionarie vincolate basate sul tempo (RSU) nell'ambito del piano di incentivi azionari dell'azienda.

Le RSU sono state registrate con il Codice Transazione “A� (concessione/acquisizione) a un prezzo di 0$, quindi senza scambio di denaro. Secondo la nota a piè di pagina, l'intero blocco maturerà il 17 giugno 2026, momento in cui ogni RSU si convertirà in una azione ordinaria.

Dopo questo riconoscimento, la signora Flanders possiede ora beneficiariamente un totale di 3.947 RSU, tutte detenute direttamente. La dichiarazione non riporta vendite, esercizi o cessioni, né indica che l'assegnazione sia avvenuta nell'ambito di un piano di trading secondo la Regola 10b5-1.

Poiché la concessione riguarda un numero limitato di azioni rispetto al totale di Argan e rappresenta una normale remunerazione per i direttori, ha un impatto finanziario o diluitivo immediato minimo. Tuttavia, gli investitori potrebbero considerare questo premio come parte di una prassi di governance standard che allinea gli incentivi dei direttori con gli interessi degli azionisti.

Punto clave: El 17 de junio de 2025, Argan, Inc. (AGX) presentó un Formulario 4 que muestra que la directora Cynthia Flanders °ù±ð³¦¾±²ú¾±Ã³ 530 unidades restringidas de acciones basadas en tiempo (RSU) bajo el plan de incentivos accionarios de la compañía.

Las RSU se reportaron bajo el Código de Transacción “A� (concesión/adquisición) a un precio de $0, lo que significa que no hubo intercambio de efectivo. Según la nota al pie, todo el bloque se consolidará el 17 de junio de 2026, momento en que cada RSU se convierte en una acción común.

Tras esta concesión, la Sra. Flanders posee ahora beneficiosamente un total de 3,947 RSU, todas mantenidas directamente. La presentación no incluye ventas, ejercicios ni disposiciones, y no hay indicios de que la concesión se haya realizado bajo un plan de negociación Rule 10b5-1.

Dado que la concesión involucra un número pequeño de acciones en relación con el total de acciones en circulación de Argan y es una compensación rutinaria para directores, tiene un impacto financiero o dilutivo inmediato mínimo. Sin embargo, los inversores pueden ver la concesión como parte de una práctica de gobernanza estándar que alinea los incentivos de los directores con los intereses de los accionistas.

핵심 ìš”ì : 2025ë…� 6ì›� 17ì�, Argan, Inc.(AGX)ëŠ� ì´ì‚¬ Cynthia Flandersê°€ 회사ì� ì£¼ì‹ ì¸ì„¼í‹°ë¸Œ 계íšì—� ë”°ë¼ 530ê°œì˜ ì‹œê°„ 기반 제한 ì£¼ì‹ ë‹¨ìœ„(RSU)ë¥� 받았ìŒì„ 보여주는 Form 4ë¥� 제출했습니다.

RSUëŠ� 거래 코드 “Aâ€�(ë¶€ì—�/ì·¨ë“)ë¡� ë³´ê³ ë˜ì—ˆìœ¼ë©° ê°€ê²©ì€ 0달러ë¡� 현금 거래가 없었습니ë‹�. ê°ì£¼ì—� 따르ë©� ì „ì²´ 주ì‹ì€ 2026ë…� 6ì›� 17ì¼ì— 완전íž� ì·¨ë“(vesting)ë˜ë©°, ê·� 시ì ì—서 ê°� RSUëŠ� 보통ì£� 1주로 전환ë©ë‹ˆë‹�.

ì´ë²ˆ 수여 í›� Flanders ì´ì‚¬ëŠ� ì´� 3,947 RSUë¥� ì§ì ‘ 보유하고 있습니다. 제출 서류ì—는 íŒë§¤, 행사 ë˜ëŠ” 처분 ë‚´ì—­ì� 없으ë©�, ì� 수여가 Rule 10b5-1 거래 ê³„íš í•˜ì— ì´ë£¨ì–´ì¡Œë‹¤ëŠ” 표시ë� 없습니다.

ì´ë²ˆ 부여는 Arganì� ì´� 발행 ì£¼ì‹ ìˆ˜ì— ë¹„í•´ 소량ì´ë©° ì´ì‚¬ ë³´ìƒìœ¼ë¡œ ì¼ìƒì ì¸ 것ì´ë¯€ë¡� 즉ê°ì ì¸ 재무ì � ë˜ëŠ” í¬ì„ ì˜í–¥ì€ ê±°ì˜ ì—†ìŠµë‹ˆë‹¤. 다만 투ìžìžë“¤ì€ ì� 수여ë¥� ì´ì‚¬ ì¸ì„¼í‹°ë¸Œë¥� 주주 ì´ìµê³� ì¼ì¹˜ì‹œí‚¤ëŠ� 표준 거버넌스 ê´€í–‰ì˜ ì¼ë¶€ë¡� ë³� ìˆ� 있습니다.

Point clé : Le 17 juin 2025, Argan, Inc. (AGX) a déposé un formulaire 4 indiquant que la directrice Cynthia Flanders a reçu 530 unités d’actions restreintes basées sur le temps (RSU) dans le cadre du plan d’incitation en actions de la société.

Les RSU ont été déclarées sous le code de transaction « A » (octroi/acquisition) à un prix de 0 $, ce qui signifie qu’aucun paiement en espèces n’a été effectué. Selon la note de bas de page, l’ensemble du lot sera acquis le 17 juin 2026, moment auquel chaque RSU se convertira en une action ordinaire.

Après cette attribution, Mme Flanders possède désormais au total 3 947 RSU, toutes détenues directement. Le dépôt ne mentionne aucune vente, exercice ou disposition, et il n’y a aucune indication que l’attribution ait été effectuée dans le cadre d’un plan de trading Rule 10b5-1.

Étant donné que l’octroi concerne un nombre limité d’actions par rapport au total des actions en circulation d’Argan et constitue une rémunération courante des administrateurs, il a un impact financier ou dilutif immédiat minimal. Toutefois, les investisseurs peuvent considérer cette attribution comme faisant partie d’une pratique de gouvernance standard qui aligne les incitations des administrateurs sur les intérêts des actionnaires.

Wichtigste Erkenntnis: Am 17. Juni 2025 reichte Argan, Inc. (AGX) ein Formular 4 ein, das zeigt, dass die Direktorin Cynthia Flanders 530 zeitlich beschränkte Restricted Stock Units (RSUs) im Rahmen des Aktienanreizplans des Unternehmens erhalten hat.

Die RSUs wurden unter dem Transaktionscode „A� (Gewährung/Erwerb) zu einem Preis von 0 $ gemeldet, was bedeutet, dass kein Geld den Besitzer wechselte. Laut Fußnote wird der gesamte Block am 17. Juni 2026 vesten, woraufhin jede RSU in eine Stammaktie umgewandelt wird.

Nach dieser Zuteilung besitzt Frau Flanders nun insgesamt 3.947 RSUs, alle direkt gehalten. Die Meldung enthält keine Verkäufe, Ausübungen oder Veräußerungen, und es gibt keinen Hinweis darauf, dass die Zuteilung im Rahmen eines Rule 10b5-1 Handelsplans erfolgte.

Da die Gewährung im Verhältnis zu Argans ausstehenden Aktien eine geringe Anzahl von Aktien umfasst und eine routinemäßige Direktorenvergütung darstellt, hat sie kaum unmittelbare finanzielle oder verwässernde Auswirkungen. Investoren könnten die Zuteilung jedoch als Teil einer Standard-Governance-Praxis ansehen, die die Anreize der Direktoren mit den Interessen der Aktionäre in Einklang bringt.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine director RSU grant; aligns incentives, negligible dilution, no immediate financial impact—overall neutral for AGX.

The filing discloses a single equity-based compensation event: 530 RSUs to director Cynthia Flanders. Such grants are standard board remuneration and do not require cash outlay by the company. The units vest in one year, evidencing a short, time-based retention mechanism. Upon vesting, Argan will issue an equivalent number of common shares—an immaterial increase when compared with the company’s outstanding share count (not provided in the filing but typically in the tens of millions). No trading plan box was checked, so the grant is not linked to a 10b5-1 program. Beneficial ownership rises to 3,947 RSUs, still a minor stake that does not influence control dynamics. From a governance and valuation standpoint, the event neither alters earnings nor capital structure in any meaningful way, rendering the overall impact neutral for investors.

Punto chiave: Il 17 giugno 2025, Argan, Inc. (AGX) ha presentato un Modulo 4 che mostra come la direttrice Cynthia Flanders abbia ricevuto 530 unità azionarie vincolate basate sul tempo (RSU) nell'ambito del piano di incentivi azionari dell'azienda.

Le RSU sono state registrate con il Codice Transazione “A� (concessione/acquisizione) a un prezzo di 0$, quindi senza scambio di denaro. Secondo la nota a piè di pagina, l'intero blocco maturerà il 17 giugno 2026, momento in cui ogni RSU si convertirà in una azione ordinaria.

Dopo questo riconoscimento, la signora Flanders possiede ora beneficiariamente un totale di 3.947 RSU, tutte detenute direttamente. La dichiarazione non riporta vendite, esercizi o cessioni, né indica che l'assegnazione sia avvenuta nell'ambito di un piano di trading secondo la Regola 10b5-1.

Poiché la concessione riguarda un numero limitato di azioni rispetto al totale di Argan e rappresenta una normale remunerazione per i direttori, ha un impatto finanziario o diluitivo immediato minimo. Tuttavia, gli investitori potrebbero considerare questo premio come parte di una prassi di governance standard che allinea gli incentivi dei direttori con gli interessi degli azionisti.

Punto clave: El 17 de junio de 2025, Argan, Inc. (AGX) presentó un Formulario 4 que muestra que la directora Cynthia Flanders °ù±ð³¦¾±²ú¾±Ã³ 530 unidades restringidas de acciones basadas en tiempo (RSU) bajo el plan de incentivos accionarios de la compañía.

Las RSU se reportaron bajo el Código de Transacción “A� (concesión/adquisición) a un precio de $0, lo que significa que no hubo intercambio de efectivo. Según la nota al pie, todo el bloque se consolidará el 17 de junio de 2026, momento en que cada RSU se convierte en una acción común.

Tras esta concesión, la Sra. Flanders posee ahora beneficiosamente un total de 3,947 RSU, todas mantenidas directamente. La presentación no incluye ventas, ejercicios ni disposiciones, y no hay indicios de que la concesión se haya realizado bajo un plan de negociación Rule 10b5-1.

Dado que la concesión involucra un número pequeño de acciones en relación con el total de acciones en circulación de Argan y es una compensación rutinaria para directores, tiene un impacto financiero o dilutivo inmediato mínimo. Sin embargo, los inversores pueden ver la concesión como parte de una práctica de gobernanza estándar que alinea los incentivos de los directores con los intereses de los accionistas.

핵심 ìš”ì : 2025ë…� 6ì›� 17ì�, Argan, Inc.(AGX)ëŠ� ì´ì‚¬ Cynthia Flandersê°€ 회사ì� ì£¼ì‹ ì¸ì„¼í‹°ë¸Œ 계íšì—� ë”°ë¼ 530ê°œì˜ ì‹œê°„ 기반 제한 ì£¼ì‹ ë‹¨ìœ„(RSU)ë¥� 받았ìŒì„ 보여주는 Form 4ë¥� 제출했습니다.

RSUëŠ� 거래 코드 “Aâ€�(ë¶€ì—�/ì·¨ë“)ë¡� ë³´ê³ ë˜ì—ˆìœ¼ë©° ê°€ê²©ì€ 0달러ë¡� 현금 거래가 없었습니ë‹�. ê°ì£¼ì—� 따르ë©� ì „ì²´ 주ì‹ì€ 2026ë…� 6ì›� 17ì¼ì— 완전íž� ì·¨ë“(vesting)ë˜ë©°, ê·� 시ì ì—서 ê°� RSUëŠ� 보통ì£� 1주로 전환ë©ë‹ˆë‹�.

ì´ë²ˆ 수여 í›� Flanders ì´ì‚¬ëŠ� ì´� 3,947 RSUë¥� ì§ì ‘ 보유하고 있습니다. 제출 서류ì—는 íŒë§¤, 행사 ë˜ëŠ” 처분 ë‚´ì—­ì� 없으ë©�, ì� 수여가 Rule 10b5-1 거래 ê³„íš í•˜ì— ì´ë£¨ì–´ì¡Œë‹¤ëŠ” 표시ë� 없습니다.

ì´ë²ˆ 부여는 Arganì� ì´� 발행 ì£¼ì‹ ìˆ˜ì— ë¹„í•´ 소량ì´ë©° ì´ì‚¬ ë³´ìƒìœ¼ë¡œ ì¼ìƒì ì¸ 것ì´ë¯€ë¡� 즉ê°ì ì¸ 재무ì � ë˜ëŠ” í¬ì„ ì˜í–¥ì€ ê±°ì˜ ì—†ìŠµë‹ˆë‹¤. 다만 투ìžìžë“¤ì€ ì� 수여ë¥� ì´ì‚¬ ì¸ì„¼í‹°ë¸Œë¥� 주주 ì´ìµê³� ì¼ì¹˜ì‹œí‚¤ëŠ� 표준 거버넌스 ê´€í–‰ì˜ ì¼ë¶€ë¡� ë³� ìˆ� 있습니다.

Point clé : Le 17 juin 2025, Argan, Inc. (AGX) a déposé un formulaire 4 indiquant que la directrice Cynthia Flanders a reçu 530 unités d’actions restreintes basées sur le temps (RSU) dans le cadre du plan d’incitation en actions de la société.

Les RSU ont été déclarées sous le code de transaction « A » (octroi/acquisition) à un prix de 0 $, ce qui signifie qu’aucun paiement en espèces n’a été effectué. Selon la note de bas de page, l’ensemble du lot sera acquis le 17 juin 2026, moment auquel chaque RSU se convertira en une action ordinaire.

Après cette attribution, Mme Flanders possède désormais au total 3 947 RSU, toutes détenues directement. Le dépôt ne mentionne aucune vente, exercice ou disposition, et il n’y a aucune indication que l’attribution ait été effectuée dans le cadre d’un plan de trading Rule 10b5-1.

Étant donné que l’octroi concerne un nombre limité d’actions par rapport au total des actions en circulation d’Argan et constitue une rémunération courante des administrateurs, il a un impact financier ou dilutif immédiat minimal. Toutefois, les investisseurs peuvent considérer cette attribution comme faisant partie d’une pratique de gouvernance standard qui aligne les incitations des administrateurs sur les intérêts des actionnaires.

Wichtigste Erkenntnis: Am 17. Juni 2025 reichte Argan, Inc. (AGX) ein Formular 4 ein, das zeigt, dass die Direktorin Cynthia Flanders 530 zeitlich beschränkte Restricted Stock Units (RSUs) im Rahmen des Aktienanreizplans des Unternehmens erhalten hat.

Die RSUs wurden unter dem Transaktionscode „A� (Gewährung/Erwerb) zu einem Preis von 0 $ gemeldet, was bedeutet, dass kein Geld den Besitzer wechselte. Laut Fußnote wird der gesamte Block am 17. Juni 2026 vesten, woraufhin jede RSU in eine Stammaktie umgewandelt wird.

Nach dieser Zuteilung besitzt Frau Flanders nun insgesamt 3.947 RSUs, alle direkt gehalten. Die Meldung enthält keine Verkäufe, Ausübungen oder Veräußerungen, und es gibt keinen Hinweis darauf, dass die Zuteilung im Rahmen eines Rule 10b5-1 Handelsplans erfolgte.

Da die Gewährung im Verhältnis zu Argans ausstehenden Aktien eine geringe Anzahl von Aktien umfasst und eine routinemäßige Direktorenvergütung darstellt, hat sie kaum unmittelbare finanzielle oder verwässernde Auswirkungen. Investoren könnten die Zuteilung jedoch als Teil einer Standard-Governance-Praxis ansehen, die die Anreize der Direktoren mit den Interessen der Aktionäre in Einklang bringt.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Flanders Cynthia

(Last) (First) (Middle)
10006 WILDWOOD ROAD

(Street)
KENSINGTON MD 20895

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ARGAN INC [ AGX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Time-Based Restricted Stock Units $0 06/17/2025 A 530 (1) (1) Common Stock 530 $0 3,947 D
Explanation of Responses:
1. On June 17, 2025, the Reporting Person was granted Time-Based Restricted Stock Units ("TRSUs") covering 530 shares of the Issuer's common stock. The TRSUs will vest fully on June 17, 2026.
/s/ Cynthia Flanders 06/20/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Argan (AGX) shares were granted to the director in the latest Form 4?

The filing shows a grant of 530 time-based restricted stock units, each convertible into one common share.

When will the 530 RSUs granted to Cynthia Flanders vest?

All 530 RSUs vest fully on 17 June 2026.

Did the Form 4 report any sale or disposal of Argan shares by the director?

No. The filing only reports an A-code acquisition of RSUs; there were no sales or disposals.

What is Cynthia Flanders� total beneficial ownership after the reported transaction?

Following the grant, she beneficially owns 3,947 RSUs, all held directly.

Is the RSU grant made under a Rule 10b5-1 trading plan?

The checkbox for Rule 10b5-1 was not marked; therefore, the grant is not tied to such a plan.
Argan Inc

NYSE:AGX

AGX Rankings

AGX Latest News

AGX Latest SEC Filings

AGX Stock Data

3.23B
13.08M
7.02%
89.4%
4.4%
Engineering & Construction
Construction - Special Trade Contractors
United States
ARLINGTON