Form 144: Fastenal insider discloses $2.34M sale of 48,724 shares

Rhea-AI Filing Summary

Fastenal Co (FAST) disclosure reports a proposed sale of 48,724 shares of common stock through Morgan Stanley Smith Barney LLC on NASDAQ, with an aggregate market value of $2,341,201.51. The shares are part of 1,147,636,617 shares outstanding. The filing shows the shares were acquired and paid for by stock option exercise on 08/08/2025, with payment in cash. The broker listed is Morgan Stanley Smith Barney LLC, Executive Financial Services, New York.

The notice states there were no securities sold in the past three months by the reporting person and includes the standard representation that the seller does not possess undisclosed material adverse information about the issuer.

Insights

Securities Analyst

TL;DR: Routine Rule 144 notification of a single insider sale of 48,724 shares valued at $2.34M, executed via stock option exercise and routed through Morgan Stanley.

The filing documents a proposed sale under Rule 144 of 48,724 Fastenal shares with an aggregate value of $2,341,201.51. The shares were acquired and paid for by stock option exercise on 08/08/2025, and the transaction is to be handled by Morgan Stanley Smith Barney LLC on NASDAQ. The filing also reports no sales in the prior three months by the reporting person, which suggests this is an individual liquidity event rather than a pattern of disposals. The disclosure includes the required representation about lack of undisclosed material information.

Corporate Governance Expert

TL;DR: Clean, complete Rule 144 notice showing an exercised option sale; procedural compliance appears met with broker and sale details provided.

The notice identifies the mechanics: shares were acquired via a stock option exercise and paid in cash, with the sale to be executed through Morgan Stanley Smith Barney LLC. It records the exact share count (48,724) and aggregate value ($2,341,201.51) and confirms nothing to report for sales in the prior three months. The form includes the statutory attestation that the seller is not aware of undisclosed material adverse information, satisfying typical Rule 144 attestation requirements for an insider sale.

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

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	48724	2341201.51	1147636617	08/08/2025	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	08/08/2025	Stock Option Exercise	Issuer			48724	08/08/2025	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 FAST Form 144 disclose about the insider sale?

It discloses a proposed sale of 48,724 Fastenal shares valued at $2,341,201.51, to be sold through Morgan Stanley Smith Barney LLC on NASDAQ.

How were the 48,724 Fastenal shares acquired according to the filing?

The shares were acquired by stock option exercise on 08/08/2025, and payment was made in cash.

Does the filing report any other sales by the reporting person in the past three months?

No. The filing states "Nothing to Report" for securities sold during the past three months.

Which broker is handling the proposed sale in the FAST Form 144?

The broker listed is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY.

What representation does the filer make about material information?

By signing the notice, the person represents they do not know of any material adverse information about the issuer that has not been publicly disclosed.