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 $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 | -- |
| Exercise | Common Stock | 34,612 | $13.00 | $450K |
| Sale | Common Stock | 34,612 | $48.0302 | $1.66M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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. 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. 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. 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
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.