Fastenal (FAST) executive cashes out 34,612 shares from stock options
Rhea-AI Filing Summary
A senior executive at Fastenal exercised 34,612 stock options at an exercise price of
The filing shows continued indirect ownership of 28,638 Fastenal shares held in the company’s 401(k) plan and 1,840 shares held in a custodian account for the executive’s son. The amended report also explains that the option grant and related share counts were adjusted for two 2-for-1 stock splits, effective on 05/22/2019 and 05/21/2025, and corrects prior omissions related to these indirect holdings.
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FAQ
What insider transaction did Fastenal (FAST) report on 08/08/2025?
The filing reports that a senior executive exercised 34,612 stock options at an exercise price of
How many Fastenal shares does the executive still own after the reported transactions?
After the reported transactions, the executive holds 0 shares directly, but continues to have 28,638 shares indirectly through Fastenal’s 401(k) plan and 1,840 shares in a custodian account for the executive’s son.
What stock option activity did the Fastenal executive report?
The executive exercised an Employee Stock Option for 34,612 shares of Fastenal common stock at an exercise price of
Why does the Fastenal Form 4/A mention stock splits in 2019 and 2025?
The explanation notes that the option was originally reported on 01/03/2019 and that both the option and related share amounts were adjusted to reflect two 2-for-1 stock splits, effective on 05/22/2019 and 05/21/2025, respectively.
What corrections or omissions does this Fastenal Form 4/A address?
The amended filing states that certain shareholdings were inadvertently omitted from prior reports dated 05/16/2025 and 08/16/2025, and that the reported 401(k) shares and custodian account shares now reflect stock-split-adjusted amounts.
What is the vesting schedule described for the Fastenal stock option?
The explanation states that the option vests over five years, with 40% vesting and becoming exercisable two years after the grant date, and the remaining portion vesting and becoming exercisable in equal parts on each anniversary of the grant date.