Derivative exercise or conversion — not an open-market buy.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Apr 17, 2026
Reporting period
Not applicable
Filed with the SEC
Apr 20, 2026
CEOOption exercise
Context
Classification
option exercise
Code M — exercise or conversion of a derivative security
Planned / mechanical clue
Footnote references vesting of compensation awards
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001482442-26-000006
Filed / recorded
Apr 20, 2026, 9:00 PM UTC
Added to OQRO
Oct 6, 2026, 9:54 PM UTC
Parser
form4-xml-v2
Data quality
Verified: identifiers matched exactly
Issuer
ARGAN INC
Issuer CIK
100591
Ticker
AGX
Reporting person
David Hibbert Watson
Relationship
Director, Officer
Officer title
PRESIDENT AND CEO
Security
Earnings Per Share Performance-Based Restricted Stock Units
Table
Derivative (Table II)
Transaction date
Apr 17, 2026
Transaction code
M
Shares / units
10,000
Price per share
$0.00
Acquired / disposed
Disposed (D)
Shares owned after
18,839
Ownership form
Direct
Amendment
No
Footnotes from the filing
Pursuant to three-year performance period vesting schedule of the Earnings Per Share Performance-Based Restricted Stock Units ("ERSUs") awarded to the Reporting Person on April 17, 2023, 20,000 shares of the Issuer's Common stock became issuable to the Reporting Person on April 17, 2026 and is adjusted for dividends. The target number of shares was 10,000.