ARGAN INC — Director's Dealing 2007

Nov 13, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARGAN INC (AGX)
CIK: 0000100591
Period of Report: 2007-11-06

Reporting Person: Canino Joel M (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-06	Common Stock	S	600	$10.50	Disposed	1382733	Direct
2007-11-07	Common Stock	S	100	$10.61	Disposed	1382633	Direct
2007-11-07	Common Stock	S	5100	$10.53	Disposed	1377533	Direct
2007-11-07	Common Stock	S	1400	$10.55	Disposed	1376133	Direct
2007-11-08	Common Stock	S	1500	$10.51	Disposed	1374633	Direct
2007-11-08	Common Stock	S	9900	$10.50	Disposed	1364733	Direct
2007-11-08	Common Stock	S	4300	$10.50	Disposed	1360433	Direct
2007-11-08	Common Stock	S	8600	$10.50	Disposed	1351833	Direct
2007-11-09	Common Stock	S	8500	$10.50	Disposed	1343333	Direct
2007-11-09	Common Stock	S	10000	$10.52	Disposed	1333333	Direct
2007-11-09	Common Stock	S	10000	$10.54	Disposed	1323333	Direct

Footnotes

F1: Sale of shares under the 10b-5 Plan of Carol Canino, Joel Canino's wife, which shares are held in a trust for the benefit of
Mrs. Canino and for which Mr. Canino is Trustee.

F2: Sale of shares under the 10b-5 Plan of Joel Canino.