Form 4: Argan Inc. Director William F. Griffin Jr. Donates Shares to Charity
SEC Form 4 Filing
William F. Griffin Jr., a director at Argan Inc., reports donating 5,000 shares of Argan Inc. common stock to the Peach Pit Foundation.
Summary
- On October 24, 2024, William F. Griffin Jr., a director at Argan Inc., donated 5,000 shares of the company's common stock to the Peach Pit Foundation.
- The donation was made by Mr. Griffin directly.
- Following the transaction, Mr. Griffin indirectly owns 132,604 shares through the William F Griffin Jr Revocable Trust U/A DTD FBO 12/09/04.
- The Peach Pit Foundation, with Sharon K. Griffin as Trustee, indirectly owns 19,150 shares after the donation.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding a donation of shares, which has a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The donation of shares may have a minor impact on the overall shareholder base.
Key Dates
| Date | Description |
|---|---|
| 12/09/04 | Date of William F Griffin Jr Revocable Trust U/A DTD |
| 10/24/2024 | Date of donation of 5,000 shares to Peach Pit Foundation |
| 10/28/2024 | Date of signature on the Form 4 filing |
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