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
Jun 16, 2026
Reporting period
Not applicable
Filed with the SEC
Jun 16, 2026
CEOOption exercise
Context
Classification
option exercise
Code M — exercise or conversion of a derivative security
Planned / mechanical clue
None found in footnotes
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001482442-26-000012
Filed / recorded
Jun 16, 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
Option to Purchase Common Stock
Table
Derivative (Table II)
Transaction date
Jun 16, 2026
Transaction code
M
Shares / units
667
Price per share
$148.72
Acquired / disposed
Disposed (D)
Shares owned after
2,748
Ownership form
Direct
Amendment
No
Footnotes from the filing
On June 16, 2026, the Reporting Person exercised a portion of his stock option awarded on April 16, 2025 to purchase 667 shares of the Issuer's common stock at a price of $148.72 per share using the net settle method.