CFO Joshua Scott Baugher sells 760 shares at avg $733.30; retains 1,479 shares plus 1,708 option holdings
Joshua Scott Baugher, CFO of Argan Inc, executed 2 separate sales totaling 760 shares for $557,307.65 at blended average price $733.30 on 2026-06-17. His non-derivative holdings declined from 2,239 shares to 1,479 shares (a -33.9% reduction), but he retains 1,708 shares through derivative option holdings, preserving meaningful equity exposure. The stock currently trades at $719.52, down -7.6% from its 52-week high of $779.00, while the 90-day performance shows +49.9% appreciation. At a P/E of 62.57 and market cap of $10.1B against recent quarterly net income of $46.1M, the company's valuation reflects significant premium positioning; the partial reduction in direct share count occurs in this elevated price context.