Argan, Inc.
US ˙ NYSE ˙ US04010E1091

Introduction

This page provides a comprehensive analysis of the known insider trading history of Leimkuhler William F.. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

Companies with Reported Insider Positions

The SEC filings indicate Leimkuhler William F. has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:EHSI / Elite Health Systems Inc. Director 265,000
US:AGX / Argan, Inc. Director 50,636
US:NPS / Northern Power Systems Corp. Director 148,441
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Leimkuhler William F.. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases AGX / Argan, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in AGX / Argan, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
2013-10-08 AGX Leimkuhler William F. 914 21.2800 914 21.2800 19,450 330 40.4700 17,541 90.19
2013-10-08 AGX Leimkuhler William F. 86 21.2350 86 21.2350 1,826
2013-10-08 AGX Leimkuhler William F. 100 21.1700 100 21.1700 2,117
2013-10-08 AGX Leimkuhler William F. 900 21.2000 900 21.2000 19,080
2013-10-08 AGX Leimkuhler William F. 1,000 21.1000 1,000 21.1000 21,100
2013-10-07 AGX Leimkuhler William F. 1,000 21.3300 1,000 21.3300 21,330

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

AGX / Argan, Inc. Insider Trades
Insider Sales AGX / Argan, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in AGX / Argan, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
2025-06-30 AGX Leimkuhler William F. 7,604 222.0300 7,604 222.0300 1,688,316 8 202.5300 -148,278 -8.78
2025-06-27 AGX Leimkuhler William F. 4,051 221.2500 4,051 221.2500 896,284
2025-06-11 AGX Leimkuhler William F. 8,345 219.3100 8,345 219.3100 1,830,142
2024-09-23 AGX Leimkuhler William F. 10,000 96.2000 10,000 96.2000 962,000
2017-01-30 AGX Leimkuhler William F. 2,000 73.2299 2,000 73.2299 146,460
2016-10-31 AGX Leimkuhler William F. 5,000 56.5300 5,000 56.5300 282,650
2016-10-27 AGX Leimkuhler William F. 4,377 55.4700 4,377 55.4700 242,792
2016-10-26 AGX Leimkuhler William F. 623 55.4000 623 55.4000 34,514
2016-09-30 AGX Leimkuhler William F. 5,000 59.1200 5,000 59.1200 295,600

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

AGX / Argan, Inc. Insider Trades
Insider Purchases EHSI / Elite Health Systems Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in AGX / Argan, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

EHSI / Elite Health Systems Inc. Insider Trades
Insider Sales EHSI / Elite Health Systems Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in AGX / Argan, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

EHSI / Elite Health Systems Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Leimkuhler William F. as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change
Share
Price
Tran
Value
Remaining
Value
2025-08-08 2025-08-06 4 EHSI Elite Health Systems Inc.
Common Stock
A - Award 40,000 265,000 17.78 0.95 38,000 251,750
2025-06-30 2025-06-30 4 AGX ARGAN INC
Common Stock
S - Sale -7,604 50,636 -13.06 222.03 -1,688,316 11,242,711
2025-06-30 2025-06-27 4 AGX ARGAN INC
Common Stock
S - Sale -4,051 58,240 -6.50 221.25 -896,284 12,885,600
2025-06-11 2025-06-11 4 AGX ARGAN INC
Common Stock
S - Sale -8,345 62,291 -11.81 219.31 -1,830,142 13,661,039
2025-06-11 2025-06-10 4 AGX ARGAN INC
Common Stock
M - Exercise 390 70,636 0.56
2025-06-11 2025-06-09 4 AGX ARGAN INC
Common Stock
M - Exercise 8,308 70,246 13.41 41.19 342,207 2,893,433
2025-06-11 2025-06-09 4 AGX ARGAN INC
Common Stock
M - Exercise 8,096 61,938 15.04 46.35 375,250 2,870,826
2025-06-11 2025-06-09 4 AGX ARGAN INC
Common Stock
M - Exercise 7,053 53,842 15.07 71.75 506,053 3,863,164
2025-01-22 2025-01-21 4 AGX ARGAN INC
Common Stock
M - Exercise 8,345 46,789 21.71 30.44 254,022 1,424,257
2024-12-16 2024-12-14 4 AGX ARGAN INC
Common Stock
M - Exercise 835 38,444 2.22
2024-12-16 2024-12-14 4 AGX ARGAN INC
Common Stock
M - Exercise 1,757 37,609 4.90
2024-12-02 2024-11-29 4 USNU Elite Health Systems Inc.
Common Stock
A - Award 75,000 225,000 50.00
2024-09-23 2024-09-23 4 AGX ARGAN INC
Common Stock
S - Sale -10,000 35,852 -21.81 96.20 -962,000 3,448,962
2024-06-18 2024-06-14 4 AGX ARGAN INC
Common Stock
M - Exercise 5,852 45,852 14.63 31.82 186,211 1,459,011
2023-06-20 2023-06-14 4 AGX ARGAN INC
Common Stock
M - Exercise 10,000 40,000 33.33 26.88 268,800 1,075,200
2022-09-26 2022-09-26 4 USNU U.S. NeuroSurgical Holdings, Inc.
Common Stock
A - Award 50,000 150,000 50.00
2021-12-16 2021-12-14 4 AGX ARGAN INC
Time-Based Restricted Stock Units
A - Award 1,750 1,750
2021-12-16 2021-12-14 4 AGX ARGAN INC
Option to Purchase Common Stock
A - Award 5,000 85,000 6.25
2020-12-16 2020-12-14 4 AGX ARGAN INC
Stock Option to Purchase Common Stock
A - Award 10,000 80,000 14.29
2020-07-21 2020-07-20 4 AGX ARGAN INC
Stock Option to Purchase Common Stock
M - Exercise -10,000 70,000 -12.50
2020-07-21 2020-07-20 4 AGX ARGAN INC
Common Stock
M - Exercise 10,000 30,000 50.00 18.87 188,700 566,100
2019-12-26 2019-12-23 4 AGX ARGAN INC
Stock Option to Purchase Common Stock
A - Award 10,000 80,000 14.29
2018-12-13 2019-12-12 4 AGX ARGAN INC
Stock Option to purchase Common Stock
A - Award 10,000 70,000 16.67
2018-01-12 2018-01-11 4 AGX ARGAN INC
Stock Option to purchase Common Stock
A - Award 10,000 60,000 20.00
2017-12-13 2017-12-12 4 AGX ARGAN INC
Stock Option to purchase Common Stock
M - Exercise -5,000 50,000 -9.09
2017-12-13 2017-12-12 4 AGX ARGAN INC
Common Stock
M - Exercise 5,000 20,000 33.33 17.33 86,650 346,600
2017-05-30 2017-05-25 4 NPS Northern Power Systems Corp.
Common Shares
A - Award 30,000 148,441 25.33
2017-02-24 2017-01-05 4 AGX ARGAN INC
Stock Option to purchase Common Stock
A - Award 10,000 55,000 22.22
2017-01-31 2017-01-30 4 AGX ARGAN INC
Common Stock
S - Sale -2,000 0 -100.00 73.23 -146,460
2016-12-02 2016-11-30 4 NPS Northern Power Systems Corp.
Common Shares
A - Award 36,000 118,441 43.67
2016-11-28 2016-11-28 4 NPS Northern Power Systems Corp.
Common Shares
A - Award 30,000 82,441 57.21
2016-10-31 2016-10-31 4 AGX ARGAN INC
Common Stock
S - Sale -5,000 15,000 -25.00 56.53 -282,650 847,950
2016-10-28 2016-10-27 4 AGX ARGAN INC
Common Stock
S - Sale -4,377 20,000 -17.96 55.47 -242,792 1,109,400
2016-10-28 2016-10-26 4 AGX ARGAN INC
Common Stock
S - Sale -623 24,377 -2.49 55.40 -34,514 1,350,486
2016-10-03 2016-09-30 4 AGX ARGAN INC
Common Stock
S - Sale -5,000 25,000 -16.67 59.12 -295,600 1,478,000
2016-01-08 2016-01-07 4 AGX ARGAN INC
Stock Option to purchase Common Stock
A - Award 10,000 45,000 28.57
2016-01-04 2015-12-29 4 AGX ARGAN INC
Stock Option to purchase Common Stock
X - Other -5,000 35,000 -12.50
2016-01-04 2015-12-29 4 AGX ARGAN INC
Common Stock
X - Other 5,000 30,000 20.00 16.47 82,350 494,100
2015-08-26 2015-08-25 4 NPS Northern Power Systems Corp.
Common Shares
A - Award 37,441 37,441 0.44 16,474 16,474
2015-08-26 2015-08-25 4 NPS Northern Power Systems Corp.
Common Shares
A - Award 15,000 15,000
2015-05-27 2015-05-22 4 NPS Northern Power Systems Corp.
Common Shares
P - Purchase 10,000 10,000 8,635.61 86,356,100 86,356,100
2014-12-12 2014-12-11 4 AGX ARGAN INC
Stock Option to purchase Common Stock
A - Award 10,000 40,000 33.33
2014-10-02 2014-10-01 4 AGX ARGAN INC
Stock Option to purchase Common Stock
X - Other -5,000 30,000 -14.29
2014-10-02 2014-10-01 4 AGX ARGAN INC
Common Stock
X - Other 5,000 25,000 25.00 12.43 62,150 310,750
2014-05-13 2014-05-09 4 NPS Northern Power Systems Corp.
Stock Option (Right to Buy)
A - Award 20,000 20,000
2014-04-24 3 NONE Northern Power Systems Corp.
Common Shares
0
2014-04-24 3 NONE Northern Power Systems Corp.
Restricted Voting Common Shares
0
2013-12-18 2013-12-17 4 AGX ARGAN INC
Stock Option to purchase Common Stock
A - Award 10,000 35,000 40.00
2013-10-09 2013-10-08 4 AGX ARGAN INC
Stock Option to purchase Common Stock
X - Other -5,000 25,000 -16.67
2013-10-09 2013-10-08 4 AGX ARGAN INC
Common Stock
P - Purchase 1,000 2,000 100.00 21.10 21,100 42,200
2013-10-09 2013-10-08 4 AGX ARGAN INC
Common Stock
P - Purchase 900 1,000 900.00 21.20 19,080 21,200
2013-10-09 2013-10-08 4 AGX ARGAN INC
Common Stock
P - Purchase 100 100 21.17 2,117 2,117
2013-10-09 2013-10-08 4 AGX ARGAN INC
Common Stock
P - Purchase 86 1,000 9.41 21.24 1,826 21,235
2013-10-09 2013-10-08 4 AGX ARGAN INC
Common Stock
P - Purchase 914 914 21.28 19,450 19,450
2013-10-09 2013-10-08 4 AGX ARGAN INC
Common Stock
X - Other 5,000 20,000 33.33 9.01 45,050 180,200
2013-10-09 2013-10-07 4 AGX ARGAN INC
Common Stock
P - Purchase 1,000 1,000 21.33 21,330 21,330
2012-12-31 2012-12-18 4 AGX ARGAN INC
Stock Option to purchase Common Stock
A - Award 10,000 30,000 50.00
2012-04-13 2012-04-12 4 AGX ARGAN INC
Stock Option to purchase Common Stock
X - Other -15,000 20,000 -42.86
2012-04-13 2012-04-12 4 AGX ARGAN INC
Common Stock
X - Other 15,000 15,000 6.40 96,000 96,000
2012-04-03 2012-04-02 4 AGX ARGAN INC
Stock Option to purchase Common Stock
A - Award 5,000 35,000 16.67
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)