ARGAN INC - Form 4 Filing

On April 8, 2026, Joshua Scott Baugher, Chief Financial Officer of ARGAN INC, was granted a 10-year option to purchase 208 shares of common stock at an exercise price of $588.28 per share. These options will vest ratably over three years starting on April 8, 2027. Additionally, Mr. Baugher was granted 126 Time-Based Restricted Stock Units (TRSUs) that will vest in equal installments over the next three years, starting on April 8, 2027. He also received Performance-Based Restricted Stock Units (PRSUs) for 142 shares, contingent on the Total Stock Return (TSR) of the company's common stock over a three-year period, with potential payouts ranging from 0% to 200% of the target shares. Furthermore, on April 8, 2025, he was granted 1,670 Earnings Per Share Performance-Based Restricted Stock Units (EPSRSUs), vesting based on the company's EPS performance over fiscal years 2027-2029, with potential payouts ranging from 0% to 200%. All these transactions were reported on Form 4, with the signature date of April 10, 2026.