[144] Fastenal Co SEC Filing

Rhea-AI Filing Summary

Fastenal Co (FAST) filed a Form 144 reporting a proposed sale of 6,842 common shares for an aggregate market value of $333,011.77. The filing shows the shares were acquired and intended to be sold on 08/15/2025 following a stock option exercise, with payment made in cash. The sale is to be executed through Morgan Stanley Smith Barney LLC on NASDAQ. No other sales in the past three months were reported.

Positive

• Transparent disclosure of acquisition method, broker, sale date, and payment details
• Transaction documented as an option exercise, clarifying that shares were newly acquired rather than transferred
• No reported sales in the prior three months, simplifying aggregation and compliance

Negative

• None.

Insights

Securities Analyst

TL;DR: Small, routine insider sale after option exercise; immaterial to company valuation.

The filer reports a single proposed sale of 6,842 common shares valued at $333,011.77, acquired and slated for sale on 08/15/2025 via stock option exercise. Compared with the reported 1,147,636,617 shares outstanding, this transaction represents a de minimis proportion of the float and is unlikely to affect market perception or Fastenal's capital structure. The broker listed is Morgan Stanley Smith Barney LLC and the trade is planned on NASDAQ. No prior sales in the past three months were disclosed.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 requirements; shows compliance and transparency.

The filing provides the required details: acquisition date, nature of acquisition (stock option exercise), payment method (cash), broker, and planned sale date. The signer affirms absence of undisclosed material adverse information. The absence of aggregated sales in the prior three months simplifies compliance review. From a governance perspective, this is a standard, properly documented insider transaction with no indicators of irregularity in the filing itself.

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	6842	333011.77	1147636617	08/15/2025	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	08/15/2025	Stock Option Exercise	Issuer			6842	08/15/2025	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 did Fastenal (FAST) report on Form 144?

The filer reported a proposed sale of 6,842 common shares with an aggregate market value of $333,011.77, to be sold on 08/15/2025 on NASDAQ through Morgan Stanley Smith Barney LLC.

How were the Fastenal shares acquired for this Form 144 sale?

The shares were acquired on 08/15/2025 through a stock option exercise, and payment was made in cash.

Does the filing report other sales by the filer in the past three months?

No. The Form 144 indicates Nothing to Report for securities sold during the past three months.

Which broker is handling the proposed sale reported in Fastenal's Form 144?

The broker listed is Morgan Stanley Smith Barney LLC, address: Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004.

How large is the sale relative to Fastenal's outstanding shares?

The sale of 6,842 shares compares to 1,147,636,617 shares outstanding as stated in the filing, indicating a negligible proportion of total equity.