ARGAN INC

Ticker: AGX CUSIP: 04010E109 Class: Common Stock

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

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

Q2 2025

Shares 1,312 Value ($000) $289 Avg Close $179.22 Range $110.29 - $245.38

Q1 2025

Shares 3,741 Value ($000) $491 Avg Close $138.40 Range $100.23 - $189.58

Q4 2024

Shares 3,382 Value ($000) $463 Avg Close $135.95 Range $97.50 - $163.70

Q3 2024

Shares 8,236 Value ($000) $835 Avg Close $78.01 Range $62.72 - $101.68

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2025	1,312	$289	$179.22	$110.29 - $245.38
Q1 2025	3,741	$491	$138.40	$100.23 - $189.58
Q4 2024	3,382	$463	$135.95	$97.50 - $163.70
Q3 2024	8,236	$835	$78.01	$62.72 - $101.68