Compensation award — excluded from discretionary-purchase analysis.
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 8, 2026
Reporting period
Not applicable
Filed with the SEC
Apr 10, 2026
CEOGrant / award
Context
Classification
grant award
Code A — grant or award
Planned / mechanical clue
Footnote references vesting of compensation awards
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001482442-26-000002
Filed / recorded
Apr 10, 2026, 8:30 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
Performance-Based Restricted Stock Units
Table
Derivative (Table II)
Transaction date
Apr 8, 2026
Transaction code
A
Shares / units
284
Price per share
$0.00
Acquired / disposed
Acquired (A)
Shares owned after
12,284
Ownership form
Direct
Amendment
No
Footnotes from the filing
On April 8, 2026, the Reporting Person was granted Performance-Based Restricted Stock Units ("PRSUs") in the target number of 284 shares, the vesting of which is subject to the rank of the Total Stock Return ("TSR") of the Issuer's common stock over a three-year period, as determined by the Issuer's Board of Directors, to the comparable TSRs of 12 peer public companies to be disclosed in the Issuer's 2026 Proxy Statement. Each PRSU represents a contingent right to receive one share of the Issuer's common stock. The payout ratio of the target number of 284 shares, ranging from 0% to 200%, will depend on the degree of achievement of the TSR ranking. The determination of the number of shares of common stock to be issued shall occur at the end of the three-year performance period.