ARGAN INC — Director's Dealing 2008

Jul 25, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARGAN INC (AGX)
CIK: 0000100591
Period of Report: 2008-07-22

Reporting Person: Canino Joel M (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-07-22	Common Stock	S	200	$17.29	Disposed	1080633	Direct
2008-07-22	Common Stock	S	200	$17.33	Disposed	1080433	Direct
2008-07-22	Common Stock	S	100	$17.51	Disposed	1080333	Direct
2008-07-22	Common Stock	S	43	$17.43	Disposed	1080290	Direct
2008-07-22	Common Stock	S	400	$17.30	Disposed	1079890	Direct
2008-07-22	Common Stock	S	200	$17.47	Disposed	1079690	Direct
2008-07-22	Common Stock	S	500	$17.45	Disposed	1079190	Direct
2008-07-22	Common Stock	S	100	$17.42	Disposed	1079090	Direct
2008-07-22	Common Stock	S	100	$17.35	Disposed	1078990	Direct
2008-07-22	Common Stock	S	1300	$17.26	Disposed	1077690	Direct
2008-07-22	Common Stock	S	200	$17.27	Disposed	1077490	Direct
2008-07-22	Common Stock	S	5557	$17.25	Disposed	1071933	Direct
2008-07-22	Common Stock	S	100	$17.36	Disposed	1071833	Direct
2008-07-22	Common Stock	S	100	$17.605	Disposed	1071733	Direct
2008-07-22	Common Stock	S	100	$17.64	Disposed	1071633	Direct
2008-07-22	Common Stock	S	100	$17.55	Disposed	1071533	Direct
2008-07-22	Common Stock	S	100	$17.5375	Disposed	1071433	Direct
2008-07-22	Common Stock	S	100	$17.75	Disposed	1071333	Direct
2008-07-22	Common Stock	S	100	$17.77	Disposed	1071233	Direct
2008-07-22	Common Stock	S	100	$17.855	Disposed	1071133	Direct
2008-07-22	Common Stock	S	100	$18.24	Disposed	1071033	Direct
2008-07-22	Common Stock	S	200	$18.15	Disposed	1070833	Direct
2008-07-22	Common Stock	S	100	$17.52	Disposed	1070733	Direct
2008-07-22	Common Stock	S	300	$17.51	Disposed	1070433	Direct
2008-07-22	Common Stock	S	100	$17.60	Disposed	1070333	Direct
2008-07-22	Common Stock	S	9500	$17.50	Disposed	1060833	Direct
2008-07-22	Common Stock	S	100	$17.90	Disposed	1060733	Direct
2008-07-22	Common Stock	S	700	$17.91	Disposed	1060033	Direct
2008-07-22	Common Stock	S	1200	$18.08	Disposed	1058833	Direct
2008-07-22	Common Stock	S	300	$18.26	Disposed	1058533	Direct

Footnotes

F1: Sale of shares under the 10b5-1 Plan of Joel M. Canino.