ARGAN INC

Ticker: AGX CUSIP: 04010E109 Class: Common Stock

MERCER GLOBAL ADVISORS INC /ADV's Holding History (CIK: 0000853758)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 18,587 Value ($000) $5,824 Avg Close $316.84 Range $254.80 - $398.80

Q3 2025

Shares 1,528 Value ($000) $413 Avg Close $228.35 Range $195.93 - $278.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	18,587	$5,824	$316.84	$254.80 - $398.80
Q3 2025	1,528	$413	$228.35	$195.93 - $278.13