Fastenal (NASDAQ: FAST) holders back employee and director stock plans
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Fastenal Company reported that shareholders approved two equity compensation plans at the annual meeting of shareholders held on April 23, 2026, in Winona, Minnesota. They approved the Fastenal Company Employee Restricted Stock Unit Plan and the Fastenal Company Non-Employee Director Stock and Restricted Stock Unit Plan, which govern how employees and non-employee directors can receive stock-based awards.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Annual meeting date: April 23, 2026
Exhibit number: 10.1
Exhibit number: 10.2
+1 more
4 metrics
Annual meeting date
April 23, 2026
Fastenal 2026 annual meeting of shareholders
Exhibit number
10.1
Employee Restricted Stock Unit Plan
Exhibit number
10.2
Non-Employee Director Stock and Restricted Stock Unit Plan
Exhibit number
104
Cover page formatted in Inline XBRL
Key Terms
Employee Restricted Stock Unit Plan, Non-Employee Director Stock and Restricted Stock Unit Plan, annual meeting of shareholders, Inline XBRL
4 terms
Employee Restricted Stock Unit Plan financial
"Fastenal Company Employee Restricted Stock Unit Plan and the Fastenal Company Non-Employee Director..."
Non-Employee Director Stock and Restricted Stock Unit Plan financial
"Fastenal Company Non-Employee Director Stock and Restricted Stock Unit Plan."
Inline XBRL technical
"The cover page from the on formatted in Inline XBRL."
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
FAQ
What is the Fastenal Company Employee Restricted Stock Unit Plan?
The Fastenal Company Employee Restricted Stock Unit Plan is an equity compensation program for employees. It allows eligible employees to receive restricted stock units in Fastenal, with detailed terms and descriptions provided in the company’s definitive proxy statement for the 2026 annual meeting.
What is the Fastenal Company Non-Employee Director Stock and Restricted Stock Unit Plan?
The Fastenal Company Non-Employee Director Stock and Restricted Stock Unit Plan provides stock-based compensation for Fastenal’s non-employee directors. It covers stock and restricted stock unit awards, with full descriptions included in the sections of Fastenal’s definitive proxy statement relating to Proposal #5.
Where can investors find detailed terms of Fastenal’s newly approved stock plans?
Investors can find detailed terms of Fastenal’s new stock plans in its definitive proxy statement for the 2026 annual meeting, under Proposals #4 and #5, and in Exhibits 10.1 and 10.2, which contain the full text of the approved plans incorporated by reference.
Which exhibits relate to Fastenal’s newly approved equity plans?
Exhibit 10.1 contains the Fastenal Company Employee Restricted Stock Unit Plan, and Exhibit 10.2 contains the Fastenal Company Non-Employee Director Stock and Restricted Stock Unit Plan. These exhibits are incorporated by reference and provide the complete plan documents for investors to review in detail.