FAST Form 144: Insider Sale of 34,612 Shares via Morgan Stanley

Rhea-AI Filing Summary

Fastenal Co (FAST) submitted a Form 144 notifying a proposed sale of 34,612 common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $1,662,421.28, and an approximate sale date of 08/08/2025. The shares were acquired on 08/08/2025 by stock option exercise and payment was made in cash.

The filing also discloses a prior sale by the same person of 16,362 shares on 05/16/2025 for $1,349,066.53. The form includes standard Rule 144 representations about the absence of undisclosed material adverse information but does not provide a visible notice date, trading-plan adoption date, or a signed signature block in the extract provided.

Positive

• Form 144 discloses the proposed sale of 34,612 common shares and the broker handling the transaction (Morgan Stanley Smith Barney LLC).
• Acquisition method is explicit: the shares were acquired by stock option exercise and paid in cash on 08/08/2025.
• Prior sale disclosed: the filer sold 16,362 shares on 05/16/2025 for $1,349,066.53, providing transaction history.

Negative

• Date of Notice is not shown in the provided extract of the filing.
• Signature block is not visible in the provided content, so the attestation is not visibly signed here.
• No trading-plan adoption date indicated in this extract, despite the form referencing Rule 10b5-1 trading plans.

Insights

Securities Analyst

TL;DR Form 144 reports a small proposed sale of Fastenal shares acquired via option exercise; disclosure is straightforward.

This filing documents a proposed sale of 34,612 common shares through Morgan Stanley with aggregate market value of $1,662,421.28 and notes the shares were acquired the same day by stock option exercise paid in cash. The filing also lists a prior sale of 16,362 shares on 05/16/2025. For investors and compliance officers, the filing provides the key mechanics of the transfer and the broker engaged, though the extract lacks a visible notice date and signature block.

Corporate Governance Expert

TL;DR Filing meets disclosure requirements but the extract omits certain administrative details such as a notice date and signature.

The Form 144 explicitly states the nature of acquisition (stock option exercise) and method of payment (cash), and identifies the broker as Morgan Stanley Smith Barney LLC. The document contains the standard attestation regarding undisclosed material adverse information. However, the provided content does not show a populated Date of Notice or a visible signature, and it does not indicate any trading-plan adoption date. These omissions are administrative and should be resolved in the complete filing record.

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	34612	1662421.28	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			34612	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
JOHN L. SODERBERG 2001 Theurer Boulevard Winona MN 55987-1500	Common	05/16/2025	16362	1349066.53

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 Fastenal's (FAST) Form 144 report?

The form reports a proposed sale of 34,612 common shares via Morgan Stanley Smith Barney LLC with aggregate market value of $1,662,421.28 and approximate sale date 08/08/2025.

How were the shares acquired according to the filing?

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

Did the filer sell any Fastenal shares recently?

Yes, the filing discloses a prior sale of 16,362 shares on 05/16/2025 that produced gross proceeds of $1,349,066.53.

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

The broker named in the filing is Morgan Stanley Smith Barney LLC, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

Does the filing indicate a trading-plan adoption date for Rule 10b5-1?

No, the provided extract does not show any trading-plan adoption date or related indication.

Is there a visible signature or notice date on the extract?

No, the extract does not display a populated Date of Notice nor a visible signature block.