COLLINS CHARLES EDWIN IV (Co-President, Gemma Power Sys.) sold 30.9% of their position (13.57K shares) of ARGAN INC on the open market

Open‑market sale worth $8.40M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 2 sales

COLLINS CHARLES EDWIN IV

Filed: 4/22/2026ACC: 0001791800-26-000008

InsiderCOLLINS CHARLES EDWIN IVCIK 1791800

→

IssuerARGAN INCCIK 100591

Officer· Co-President, Gemma Power Sys.

Since Nov 2019

-13.57K

Net shares

Net seller

$8.40M

Total sold

Open market trades

0B · 2S

Total transactions

13.57K acquired · 27.14K disposed

Non-Derivative Transactions7

Common Stock

Direct

M · Option Exercise

+2.50K

Price / share

$39.47

Trade value

$98.67K

% of position

8.2%

4/20/2026

30.32K→32.82K

Common Stock

Direct

S · Sale

−2.50K

Price / share

$610.00

Trade value

$1.52M

% of position

7.6%

4/20/2026

32.82K→30.32K

Common Stock

Direct

M · Option Exercise

+5K

Price / share

$36.78

Trade value

$183.90K

% of position

16.5%

4/21/2026

30.32K→35.32K

Common Stock

Direct

M · Option Exercise

+5.24K

Price / share

$33.81

Trade value

$177K

% of position

14.8%

4/21/2026

35.32K→40.55K

Common Stock

Direct

M · Option Exercise

+500.00

Price / share

$61.22

Trade value

$30.61K

% of position

1.2%

4/21/2026

40.55K→41.05K

Common Stock

Direct

M · Option Exercise

+333.00

Price / share

$148.72

Trade value

$49.52K

% of position

0.8%

4/21/2026

41.05K→41.39K

Common Stock

Direct

S · Sale

−11.07K

Price / share

$621.61

Trade value

$6.88M

% of position

26.7%

4/21/2026

41.39K→30.32K

Total

Net shares

+0.00

Net value

-$7.87M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	4/20/2026	M · Option Exercise	+2.50K	$39.47	$98.67K	8.2%	30.32K	32.82K
Common Stock Direct	4/20/2026	S · Sale	−2.50K	$610.00	$1.52M	7.6%	32.82K	30.32K
Common Stock Direct	4/21/2026	M · Option Exercise	+5K	$36.78	$183.90K	16.5%	30.32K	35.32K
Common Stock Direct	4/21/2026	M · Option Exercise	+5.24K	$33.81	$177K	14.8%	35.32K	40.55K
Common Stock Direct	4/21/2026	M · Option Exercise	+500.00	$61.22	$30.61K	1.2%	40.55K	41.05K
Common Stock Direct	4/21/2026	M · Option Exercise	+333.00	$148.72	$49.52K	0.8%	41.05K	41.39K
Common Stock Direct	4/21/2026	S · Sale	−11.07K	$621.61	$6.88M	26.7%	41.39K	30.32K
Total			+0.00		-$7.87M

Derivative Transactions5

Option to Purchase Common Stock

Direct

M · Option Exercise

Converts to

Common Stock

2.50K shares

−2.50K

Strike price

39.47

Held after

12.57K

Exercisable

—

4/20/2026

Option to Purchase Common Stock

Direct

M · Option Exercise

Converts to

Common Stock

5K shares

−5K

Strike price

36.78

Held after

7.57K

Exercisable

—

4/21/2026

Option to Purchase Common Stock

Direct

M · Option Exercise

Converts to

Common Stock

5.24K shares

−5.24K

Strike price

33.81

Held after

2.33K

Exercisable

—

4/21/2026

Option to Purchase Common Stock

Direct

M · Option Exercise

Converts to

Common Stock

500.00 shares

−500.00

Strike price

61.22

Held after

1.83K

Exercisable

—

4/21/2026

Option to Purchase Common Stock

Direct

M · Option Exercise

Converts to

Common Stock

333.00 shares

−333.00

Strike price

148.72

Held after

1.50K

Exercisable

—

4/21/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Option to Purchase Common Stock Direct	Common Stock2.50K shares	4/20/2026	M · Option Exercise	−2.50K	39.47	—	12.57K
Option to Purchase Common Stock Direct	Common Stock5K shares	4/21/2026	M · Option Exercise	−5K	36.78	—	7.57K
Option to Purchase Common Stock Direct	Common Stock5.24K shares	4/21/2026	M · Option Exercise	−5.24K	33.81	—	2.33K
Option to Purchase Common Stock Direct	Common Stock500.00 shares	4/21/2026	M · Option Exercise	−500.00	61.22	—	1.83K
Option to Purchase Common Stock Direct	Common Stock333.00 shares	4/21/2026	M · Option Exercise	−333.00	148.72	—	1.50K