Flanders Cynthia 4

4 · ARGAN INC · Filed Jan 14, 2026

Form 4

Period: 2026-01-13

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-01-13$40.15/sh+8,713$349,827→ 27,841 total
Exercise/Conversion
Common Stock
[F2]
2026-01-13$45.75/sh+8,534$390,431→ 36,375 total
Exercise/Conversion
Common Stock
[F3]
2026-01-13$37.13/sh+4,405$163,558→ 40,780 total
Exercise/Conversion
Common Stock
[F4]
2026-01-13$35.72/sh+4,427$158,132→ 45,207 total
Exercise/Conversion
Option to Purchase Common Stock
[F1]
2026-01-13$40.15/sh−10,000$401,500→ 21,500 total
Exercise: $40.15From: 2020-12-23Exp: 2029-12-23→ Common Stock (10,000 underlying)
Exercise/Conversion
Option to Purchase Common Stock
[F2]
2026-01-13$45.75/sh−10,000$457,500→ 11,500 total
Exercise: $45.75From: 2021-12-14Exp: 2030-12-14→ Common Stock (10,000 underlying)
Exercise/Conversion
Option to Purchase Common Stock
[F3]
2026-01-13$37.13/sh−5,000$185,650→ 6,500 total
Exercise: $37.13From: 2022-12-14Exp: 2031-12-14→ Common Stock (5,000 underlying)
Exercise/Conversion
Option to Purchase Common Stock
[F4]
2026-01-13$35.72/sh−5,000$178,600→ 1,500 total
Exercise: $35.72From: 2023-12-16Exp: 2032-12-16→ Common Stock (5,000 underlying)

Footnotes (4)

[F1]On January 13, 2026, the Reporting Person exercised her stock option awarded on December 23, 2019 to purchase 10,000 shares of the Issuer's common stock at a price of $40.15 per share, using the net settle method.
[F2]On January 13, 2026, the Reporting Person exercised her stock option awarded on December 14, 2020 to purchase 10,000 shares of the Issuer's common stock at a price of $45.75 per share, using the net settle method.
[F3]On January 13, 2026, the Reporting Person exercised her stock option awarded on December 14, 2021 to purchase 5,000 shares of the Issuer's common stock at a price of $37.13 per share, using the net settle method.
[F4]On January 13, 2026, the Reporting Person exercised her stock option awarded on December 16, 2022 to purchase 5,000 shares of the Issuer's common stock at a price of $35.72 per share, using the net settle method.

Signature

/s/ Cynthia A. Flanders|2026-01-14

Documents

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