Fastenal Co SEC Filings

Fastenal Company files its annual report describing a global distribution business focused on industrial and construction supplies, supported by branches, onsite locations, and advanced digital tools. At the end of 2025, it operated 1,595 branch locations in 25 countries and employed 24,489 people.

Fasteners represented 30.5% of 2025 sales, while non-fastener lines, led by safety supplies at 22.2%, made up 69.5%. Fastenal’s digital footprint, including its FMI programs and eBusiness, accounted for 61.4% of 2025 sales, with FMI-related sales representing 44.7% of sales. The company highlights investments in automation, data analytics, and supply chain visibility as key differentiators.

The report notes a planned CEO transition in July 2026 from Daniel Florness to current president and chief sales officer Jeffery Watts, continuing a promote-from-within leadership approach. Fastenal also emphasizes employee-centric culture, safety performance with an EMR of 0.45 in 2025, and detailed risk factors spanning operations, technology, cybersecurity, labor, and changing customer and product mix.

Fastenal director Scott Satterlee reported an option exercise and share sale. On January 23, 2026, he exercised a stock option for 15,964 shares of common stock at an exercise price of $19 per share, receiving 15,964 shares. On the same date, he sold 15,964 shares of Fastenal common stock at an average price of $44.1903 per share, and held 50,000 shares directly afterward. Following the transaction, he also held 9,000 stock options. The option originated from Fastenal’s Non-employee Director Stock Option Plan, was granted as annual director compensation, and was immediately vested and exercisable. A prior 2-for-1 stock split on May 21, 2025 adjusted the original option amount and exercise price.

A senior executive at Fastenal exercised 34,612 stock options at an exercise price of $13 per share and, on the same date of 08/08/2025, sold 34,612 shares of common stock at an average price of $48.0302 per share. Following these transactions, the executive reported 0 shares held directly.

The filing shows continued indirect ownership of 28,638 Fastenal shares held in the company’s 401(k) plan and 1,840 shares held in a custodian account for the executive’s son. The amended report also explains that the option grant and related share counts were adjusted for two 2-for-1 stock splits, effective on 05/22/2019 and 05/21/2025, and corrects prior omissions related to these indirect holdings.

Fastenal executive Charles S. Miller, Senior EVP-Sales, reported open-market purchases of the company’s common stock on April 7 and April 14, 2025. Each transaction was coded as a purchase and involved 20 shares at $39.15 per share, bringing his directly reported holdings in this account to 40 shares. The filing also reports 27,301 shares attributed to his account in Fastenal’s 401(k) plan as of the filing date. Some of the reported shares are held in a managed account under the trading discretion of an investment adviser, and he disclaims beneficial ownership of those shares.

A security holder of FAST has filed a notice of proposed sale under Rule 144 for 15,964 shares of common stock, to be sold through Morgan Stanley Smith Barney LLC on the NASDAQ. The filing lists an aggregate market value of 705,453.95 for the shares and notes that the stock is planned to be sold around 01/23/2026. These shares were acquired on 01/23/2026 via a stock option exercise from the issuer, paid in cash. Shares outstanding were 1,148,035,721 at the time stated, which serves as a baseline for the company’s total common stock.

Fastenal Company filed a current report to let investors know it has released financial results for its most recently ended fiscal quarter. The company states that it issued a press release on January 20, 2026 announcing these quarterly results, and that this press release is attached as Exhibit 99.1 and incorporated by reference. The filing itself does not include the detailed numbers, but points readers to the attached press release for the full results.

Fastenal Company director Ericson Brady reported receiving a stock option grant as part of his annual director compensation. On January 2, 2026, he was granted 23,474 stock options with an exercise price of $8.52 per share under the Fastenal Company Non-employee Director Stock Option Plan. The options are exercisable starting January 2, 2026 and expire on December 31, 2035, and Brady beneficially owns 23,474 derivative securities directly following this grant.

Fastenal Company executive Donnalee Kathleen Papenfuss, EVP-Strategy and Communication, reported a new grant of 13,719 employee stock options. These options give her the right to buy Fastenal common stock at an exercise price of $41 per share. The award was granted on 01/02/2026 and is held directly.

According to the filing, all 13,719 derivative securities were acquired as a single grant and 13,719 derivative securities were beneficially owned following the transaction. The options expire on 12/31/2035 and will vest over four years, with 25% of the grant vesting and becoming exercisable each year after the grant date.