ARGAN INC

Ticker: AGX CUSIP: 04010E109 Class: Common Stock

MAI Capital Management's Holding History (CIK: 0001040197)

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

Q4 2025

Shares 1,279 Value ($000) $401 Avg Close $316.84 Range $254.80 - $398.80

Q3 2025

Shares 27 Value ($000) $7 Avg Close $228.35 Range $195.93 - $278.13

Q2 2025

Shares 64 Value ($000) $14 Avg Close $179.22 Range $110.29 - $245.38

Q4 2024

Shares 50 Value ($000) $7 Avg Close $135.95 Range $97.50 - $163.70

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,279	$401	$316.84	$254.80 - $398.80
Q3 2025	27	$7	$228.35	$195.93 - $278.13
Q2 2025	64	$14	$179.22	$110.29 - $245.38
Q4 2024	50	$7	$135.95	$97.50 - $163.70