X0306 4 2016-10-26 0 0000100591 ARGAN INC AGX 0001361943 Leimkuhler William F. 43 SALEM STRAITS RD. DARIEN CT 06820 1 0 0 0 Common Stock 2016-10-26 4 S 0 623 55.40 D 24377 D Common Stock 2016-10-27 4 S 0 4377 55.47 D 20000 D Common Stock 1000 I By Elizabeth K. Leimkuhler Trust Under Agreement dated August 30, 2005 Common Stock 1000 I By Emily K. Leimkuhler Trust Under Agreement dated August 30, 2005 Common Stock 2000 I By Simplified Employee Pension IRA Stock Option to purchase Common Stock 0 2012-12-20 2026-07-01 Common Stock 45000 45000 D On October 26, 2016, the Reporting Person sold a total of 623 shares of the Issuer's common stock on the open market at an average price of $55.40 per share. On October 27, 2016, the Reporting Person sold a total of 4,377 shares of the Issuer's common stock on the open market at an average price of $55.47 per share. As of the date of this report, the Reporting Person directly owns a total of 20,000 shares of the Issuer's common stock. The total number of stock options owned by the Reporting Person includes options to acquire 45,000 shares of the Issuer's Common Stock with Exercise Prices ranging from $17.33 to $31.82 with Dates Exercisable ranging from December 20, 2012 to January 7, 2017 and Expiration Dates ranging from December 20, 2021 to January 7, 2026. (Please refer to the Form 4's filed by the Reporting Person on December 22, 2011, December 31, 2012, December 18, 2013, December 12, 2014 and January 8, 2016 for more information.) /s/ William F. Leimkuhler 2016-10-28