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FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
TRUDEL ARTHUR F
(Last)(First)(Middle)
8704 HARNESS TRAIL
(Street)
POTOMACMD20854
(City)(State)(Zip)
2. Issuer Name and Ticker or Trading Symbol
ARGAN INC [AGX]		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Senior Vice President and CFO
3. Date of Earliest Transaction (Month/Day/Year)
07/28/2009
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code
(Instr. 8)		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		7. Nature of Indirect Beneficial Ownership
(Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock 07/28/2009 P(1)  19,571 A$ 2.15 29,571 D  
Common Stock 07/28/2009 S  19,571 D$ 15 10,000 D  
Common Stock 07/28/2009 P(1)  300 A$ 2.15 10,300 D  
Common Stock 07/28/2009 S  300 D$ 15.005 10,000 D  
Common Stock 07/28/2009 P(1)  700 A$ 2.15 10,700 D  
Common Stock 07/28/2009 S  700 D$ 15.01 10,000 D  
Common Stock 07/28/2009 P(1)  700 A$ 2.15 10,700 D  
Common Stock 07/28/2009 S  700 D$ 15.02 10,000 D  
Common Stock 07/28/2009 P(1)  308 A$ 2.15 10,308 D  
Common Stock 07/28/2009 S  308 D$ 15.2 10,000 D  
Common Stock 07/28/2009 P(1)  200 A$ 2.15 10,200 D  
Common Stock 07/28/2009 S  200 D$ 15.27 10,000 D  
Common Stock 07/28/2009 P(1)  100 A$ 2.15 10,100 D  
Common Stock 07/28/2009 S  100 D$ 15.285 10,000 D  
Common Stock 07/28/2009 P(1)  315 A$ 2.15 10,315 D  
Common Stock 07/28/2009 S  315 D$ 15.29 10,000 D  
Common Stock 07/28/2009 P(1)  600 A$ 2.15 10,600 D  
Common Stock 07/28/2009 S  600 D$ 15.3 10,000 D  
Common Stock 07/28/2009 P(1)  400 A$ 2.15 10,400 D  
Common Stock 07/28/2009 S  400 D$ 15.31 10,000 D  
Common Stock 07/28/2009 P(1)  5,600 A$ 2.15 15,600 D  
Common Stock 07/28/2009 S  5,600 D$ 15.32 10,000 D  
Common Stock 07/28/2009 P(1)  3,800 A$ 2.15 13,800 D  
Common Stock 07/28/2009 S  3,800 D$ 15.34 10,000 D  
Common Stock 07/28/2009 P(1)  1,900 A$ 2.15 11,900 D  
Common Stock 07/28/2009 S  1,900 D$ 15.345 10,000 D  
Common Stock 07/28/2009 P(1)  300 A$ 2.15 10,300 D  
Common Stock 07/28/2009 S  300 D$ 15.355 10,000 D  
Common Stock 07/28/2009 P(1)  200 A$ 2.15 10,200 D  
Common Stock 07/28/2009 S  200 D$ 15.37 10,000 D  

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		2. Conversion or Exercise Price of Derivative Security3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code
(Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		6. Date Exercisable and Expiration Date
(Month/Day/Year)		7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		8. Price of Derivative Security
(Instr. 5)		9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		11. Nature of Indirect Beneficial Ownership
(Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Option to Purchase Common Stock $ 2.15 07/28/2007 X   19,571 07/28/200904/19/2016 Common Stock 19,571 $ 2.15 155,429 D  
Option to Purchase Common Stock $ 2.15 07/28/2007 X   300 07/28/200904/19/2016 Common Stock 300 $ 2.15 155,129 D  
Option to Purchase Common Stock $ 2.15 07/28/2007 X   700 07/28/200904/19/2016 Common Stock 700 $ 2.15 154,429 D  
Option to Purchase Common Stock $ 2.15 07/28/2007 X   700 07/28/200904/19/2016 Common Stock 700 $ 2.15 153,729 D  
Option to Purchase Common Stock $ 2.15 07/28/2007 X   308 07/28/200904/19/2016 Common Stock 308 $ 2.15 153,421 D  
Option to Purchase Common Stock $ 2.15 07/28/2007 X   200 07/28/200904/19/2016 Common Stock 200 $ 2.15 153,221 D  
Option to Purchase Common Stock $ 2.15 07/28/2007 X   100 07/28/200904/19/2016 Common Stock 100 $ 2.15 153,121 D  
Option to Purchase Common Stock $ 2.15 07/28/2007 X   315 07/28/200904/19/2016 Common Stock 315 $ 2.15 152,806 D  
Option to Purchase Common Stock $ 2.15 07/28/2007 X   600 07/28/200904/19/2016 Common Stock 600 $ 2.15 152,206 D  
Option to Purchase Common Stock $ 2.15 07/28/2007 X   400 07/28/200904/19/2016 Common Stock 400 $ 2.15 151,806 D  
Option to Purchase Common Stock $ 2.15 07/28/2007 X   5,600 07/28/200904/19/2016 Common Stock 5,600 $ 2.15 146,206 D  
Option to Purchase Common Stock $ 2.15 07/28/2007 X   3,800 07/28/200904/19/2016 Common Stock 3,800 $ 2.15 142,406 D  
Option to Purchase Common Stock $ 2.15 07/28/2007 X   1,900 07/28/200904/19/2016 Common Stock 1,900 $ 2.15 140,506 D  
Option to Purchase Common Stock $ 2.15 07/28/2007 X   300 07/28/200904/19/2016 Common Stock 300 $ 2.15 140,206 D  
Option to Purchase Common Stock $ 2.15 07/28/2007 X   200 07/28/200904/19/2016 Common Stock 200 $ 2.15 140,006 D  
Explanation of Responses:
1. Exercise of stock options.
/s/ Arthur F. Trudel07/30/2009
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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