ARGAN INC — Director's Dealing 2008

Oct 16, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARGAN INC (AGX)
CIK: 0000100591
Period of Report: 2008-10-08

Reporting Person: Canino Joel M (Vice Chair. Gemma Power System, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-10-08	Common Stock	S	100000	$12.50	Disposed	935689	Direct

Footnotes

F1: Sale of shares by the Carol L. Canino Revocable Trust, the trust of Joel Canino's wife, of which Mr. Canino is Trustee.