Fastenal exec sells 34,612 shares after option exercise
A senior executive at Fastenal exercised 34,612 stock options at an exercise price of $13 per share and, on the same date of 08/08/2025, sold 34,612 shares of common stock at an average price of $48.0302 per share.
Rhea-AI Filing Summary
A senior executive at Fastenal exercised 34,612 stock options at an exercise price of $13 per share and, on the same date of 08/08/2025, sold 34,612 shares of common stock at an average price of $48.0302 per share. Following these transactions, the executive reported 0 shares held directly.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 34,612 | $0.00 | $0.00 |
| Exercise | Common Stock | 34,612 | $13.00 | $450K |
| Sale | Common Stock | 34,612 | $48.0302 | $1.66M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. The option was previously reported in a filing dated 1/3/2019 as covering 8,653 securities at a strike price of $52 and the amounts are adjusted to reflect two 2-for-1 stock splits on 5/22/2019 and 5/21/2025 respectively.
- F2. Shares attributed to reporting person's account within issuer's 401(K) Plan and includes additional stock split adjusted securities since the reporting person's prior report on 5/16/2025.
- F3. These shareholding amounts were inadvertently omitted from the reports filed on 8/16/2025 and 5/16/2025 and the amounts reported reflect a 2-for-1 stock split as of May 21, 2025.
- F4. The option will vest and become exercisable over a period of five years, with 40% the option vesting and becoming exercisable two years following the date of grant, and the remainder vesting and becoming exercisable proportionately on each anniversary of the grant date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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 $13 and sold 34,612 shares of Fastenal common stock at an average price of $48.0302 per share on 08/08/2025.
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 $13 per share. This option, which had an expiration date of 12/31/2028, was reduced to 0 derivative securities owned after the exercise.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
