ARGAN INC — Director's Dealing 2007

Nov 14, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARGAN INC (AGX)
CIK: 0000100591
Period of Report: 2007-11-12

Reporting Person: Canino Joel M (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-12	Common Stock	S	4600	$10.61	Disposed	1318733	Direct
2007-11-12	Common Stock	S	6000	$11.05	Disposed	1312733	Direct
2007-11-12	Common Stock	S	4000	$10.79	Disposed	1308733	Direct
2007-11-13	Common Stock	S	400	$11.50	Disposed	1308333	Direct
2007-11-13	Common Stock	S	4000	$11.72	Disposed	1304333	Direct

Footnotes

F1: Sale of shares under the 10b-5 Plan of Joel Canino.