ARGAN INC

Ticker: AGX CUSIP: 04010E109 Class: Common Stock

Value Aligned Research Advisors, LLC's Holding History (CIK: 0001963565)

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

Q4 2025

Shares 128,858 Value ($000) $40,374 Avg Close $316.84 Range $254.80 - $398.80

Q3 2025

Shares 225,750 Value ($000) $60,964 Avg Close $228.35 Range $195.93 - $278.13

Q2 2025

Shares 110,562 Value ($000) $24,377 Avg Close $179.22 Range $110.29 - $245.38

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	128,858	$40,374	$316.84	$254.80 - $398.80
Q3 2025	225,750	$60,964	$228.35	$195.93 - $278.13
Q2 2025	110,562	$24,377	$179.22	$110.29 - $245.38