FAST Form 144: Insider intends to sell 84,612 shares (~$4.1M) via Morgan Stanley

Rhea-AI Filing Summary

Fastenal Co (FAST) submitted a Form 144 reporting a proposed sale of 84,612 shares of common stock through Morgan Stanley Smith Barney LLC on NASDAQ, with an aggregate market value of $4,098,672.97. The filing lists 1,147,636,617 shares outstanding. The securities were acquired by a stock option exercise and paid for in cash, with the acquisition and approximate sale date shown as 08/12/2025.

The filer reports nothing to report for securities sold in the past three months. Several contact and issuer relationship fields in the form are left blank. The notice includes the standard representation that the seller does not possess undisclosed material adverse information and references Rule 10b5-1 trading plan language.

Insights

Securities Analyst

TL;DR: Routine insider sale; size is immaterial relative to outstanding shares.

The filing describes a proposed sale of 84,612 shares valued at $4,098,672.97 executed through Morgan Stanley Smith Barney LLC. Given the issuer's reported 1,147,636,617 outstanding shares, the proposed sale represents approximately 0.0074% of outstanding stock, indicating the transaction is immaterial to supply or market capitalization. The shares were acquired via stock option exercise and paid in cash on the same date shown, which is consistent with routine option exercises followed by resale. There are no sales reported by this person in the prior three months, reducing the likelihood of a concentrated disposal pattern.

Corporate Governance Expert

TL;DR: Disclosure is standard; missing filer contact fields are notable but not materially altering the transaction.

The Form 144 contains the standard attestation about lack of undisclosed material information and references Rule 10b5-1 plan language, which helps document compliance with insider trading rules. Several form fields for filer CIK, contact information and relationship to issuer are blank in the provided text, which is a disclosure gap in the document content as presented. The filing also confirms no shares were sold by the person in the prior three months, and it discloses the broker, consideration method (cash), and acquisition type (stock option exercise), all of which are typical for such notices.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	84612	4098672.97	1147636617	08/12/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/12/2025	Stock Option Exercise	Issuer			84612	08/12/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Fastenal (FAST) Form 144 report?

The filing reports a proposed sale of 84,612 common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $4,098,672.97 and 1,147,636,617 shares outstanding.

How were the Fastenal shares acquired before the proposed sale?

The securities were acquired by a stock option exercise and paid for in cash on the date shown in the filing.

When is the proposed sale scheduled and on which exchange will it occur?

The filing lists the approximate date of sale as 08/12/2025 and the securities exchange as NASDAQ.

Has the seller disposed of Fastenal shares in the prior three months?

The Form 144 states "Nothing to Report" for securities sold during the past three months by the person for whose account the securities are to be sold.

Does the filing contain any representations about material nonpublic information or trading plans?

Yes, the signer represents they do not know of any undisclosed material adverse information and the notice references Rule 10b5-1 trading plan language as applicable.