<SEC-DOCUMENT>0001415889-24-019436.txt : 20240709
<SEC-HEADER>0001415889-24-019436.hdr.sgml : 20240709
<ACCEPTANCE-DATETIME>20240709170751
ACCESSION NUMBER:		0001415889-24-019436
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20240705
FILED AS OF DATE:		20240709
DATE AS OF CHANGE:		20240709

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BOSSELMANN RAINER H
		CENTRAL INDEX KEY:			0001028546
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31756
		FILM NUMBER:		241108050

	MAIL ADDRESS:	
		STREET 1:		PUROFLOW INCORPORATED
		STREET 2:		ONE CHURCH STREET SUITE 302
		CITY:			ROCKVILLE
		STATE:			MD
		ZIP:			20850

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARGAN INC
		CENTRAL INDEX KEY:			0000100591
		STANDARD INDUSTRIAL CLASSIFICATION:	CONSTRUCTION SPECIAL TRADE CONTRACTORS [1700]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				131947195
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0131

	BUSINESS ADDRESS:	
		STREET 1:		ONE CHURCH STREET SUITE 201
		CITY:			ROCKVILLE
		STATE:			MD
		ZIP:			20850
		BUSINESS PHONE:		301 315-0027

	MAIL ADDRESS:	
		STREET 1:		ONE CHURCH STREET SUITE 201
		CITY:			ROCKVILLE
		STATE:			MD
		ZIP:			20850

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PUROFLOW INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ULTRA DYNAMICS CORP
		DATE OF NAME CHANGE:	19830522
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
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        <issuerTradingSymbol>AGX</issuerTradingSymbol>
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            <rptOwnerStreet2>1 CHURCH STREET, SUITE 201</rptOwnerStreet2>
            <rptOwnerCity>ROCKVILLE</rptOwnerCity>
            <rptOwnerState>MD</rptOwnerState>
            <rptOwnerZipCode>20850</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <isDirector>true</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
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    <derivativeTable>
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            </securityTitle>
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            </conversionOrExercisePrice>
            <transactionDate>
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            </transactionAmounts>
            <exerciseDate>
                <value>2016-04-16</value>
            </exerciseDate>
            <expirationDate>
                <value>2025-04-16</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
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                <value>2024-07-05</value>
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                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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            <exerciseDate>
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            <expirationDate>
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            <underlyingSecurity>
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            <securityTitle>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
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                <transactionShares>
                    <value>40000</value>
                    <footnoteId id="F4"/>
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                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2021-04-16</value>
            </exerciseDate>
            <expirationDate>
                <value>2030-04-16</value>
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                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
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                <sharesOwnedFollowingTransaction>
                    <value>115000</value>
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                <directOrIndirectOwnership>
                    <value>D</value>
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                    <value></value>
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        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Option to Purchase Common Stock</value>
            </securityTitle>
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                <value>36.78</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2024-07-05</value>
            </transactionDate>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>8334</value>
                    <footnoteId id="F5"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2023-04-18</value>
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            <expirationDate>
                <value>2032-04-18</value>
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                <underlyingSecurityTitle>
                    <value>Common Stock</value>
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    <footnotes>
        <footnote id="F1">On July 5, 2024, the Reporting Person exercised his stock option awarded on April 16, 2015 to purchase 50,000 shares of the Issuer's Common Stock at a price of $32.68 per share, using the net settle approach.</footnote>
        <footnote id="F2">On July 5, 2024, the Reporting Person exercised his stock option awarded on April 13, 2016 to purchase 50,000 shares of the Issuer's Common Stock at a price of $33.85 per share, using the net settle approach.</footnote>
        <footnote id="F3">On July 5, 2024, the Reporting Person exercised his stock option awarded on April 13, 2018 to purchase 40,000 shares of the Issuer's Common Stock at a price of $37.60 per share, using the net settle approach.</footnote>
        <footnote id="F4">On July 5, 2024, the Reporting Person exercised his stock option awarded on  April 16, 2020 to purchase 40,000 shares of the Issuer's Common Stock at a price of $33.81 per share, using the net settle approach.</footnote>
        <footnote id="F5">On July 5, 2024, the Reporting Person exercised a portion of his stock option awarded on April 18, 2022 to purchase 8,334 shares of the Issuer's Common Stock at a price of $36.78 per share, using the net settle approach.</footnote>
        <footnote id="F6">On July 8, 2024, the Reporting Person sold 25,000 shares of the Issuer's Common Stock on the open market at an average price of $71.52 per share.</footnote>
        <footnote id="F7">On July 9, 2024, the Reporting Person sold 9,197 shares of the Issuer's Common Stock on the open market at an average price of $71.31 per share.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Rainer H. Bosselmann</signatureName>
        <signatureDate>2024-07-09</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</SEC-DOCUMENT>
