Fastenal (NASDAQ: FAST) director holds 58,290 shares after gift
Rhea-AI Filing Summary
FASTENAL CO (FAST) director Michael J. Ancius reported a bona fide gift of 400 shares of common stock on 2026-08-13. After the gift, he reports 58,290 shares of direct ownership, including 46,268 shares in a revocable trust and 12,022 shares in a self-directed IRA, plus 13,008 shares held indirectly in an employer Retirement Savings 401(k) Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 400 shares
Net Sell
2 txns
Insider
Ancius Michael J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 400 | $0.00 | $0.00 |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 58,290 shares (Direct);
Common Stock — 13,008 shares (Indirect, Held in 401(K) Plan)
Footnotes (2)
- F1. The amount includes 46,268 shares held in a revocable trust over which the reporting person and his wife share voting and investment power and 12,022 shares held in a reporting person's self-directed IRA.
- F2. Shares maintained in a Retirement Savings 401(K) Plan administered by his employer.
Key Figures
Gifted shares: 400 shares
Direct holdings after transaction: 58,290 shares
Revocable trust holdings: 46,268 shares
+4 more
7 metrics
Gifted shares
400 shares
Bona fide gift of common stock on 2026-08-13
Direct holdings after transaction
58,290 shares
Directly owned Fastenal common stock following the 400-share gift
Revocable trust holdings
46,268 shares
Portion of direct holdings in a revocable trust with shared voting and investment power
Self-directed IRA holdings
12,022 shares
Portion of direct holdings in the reporting person's self-directed IRA
401(k) plan holdings
13,008 shares
Indirect ownership via employer Retirement Savings 401(k) Plan
Gift price per share
$0.00 per share
Reported price for the 400-share bona fide gift
Gift transactions
1 transaction; 400 shares
Summary of gift dispositions in the reporting period
Key Terms
bona fide gift, revocable trust, self-directed IRA, Retirement Savings 401(K) Plan
4 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift" for the 400-share transfer"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
revocable trust financial
"includes 46,268 shares held in a revocable trust over which the reporting person"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
self-directed IRA financial
"and 12,022 shares held in a reporting person's self-directed IRA"
Retirement Savings 401(K) Plan financial
"Shares maintained in a Retirement Savings 401(K) Plan administered by his employer"
FAQ
What insider transaction did FAST (Fastenal Co) disclose for Michael J. Ancius?
Michael J. Ancius reported a bona fide gift of 400 shares of Fastenal common stock on 2026-08-13. This was a non-cash disposition at a reported $0.00 per share, classified as a gift transfer rather than an open-market sale.
What indirect FAST holdings does Michael J. Ancius report in his 401(k) plan?
Ancius reports 13,008 Fastenal shares held indirectly in a Retirement Savings 401(k) Plan administered by his employer. These plan shares are reported as indirect ownership, separate from his directly held and trust/IRA shares.
Was the FAST insider transaction by Michael J. Ancius part of a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed for this report. No footnote states the transaction occurred under a pre-arranged trading plan, so the disclosed gift is not identified as a 10b5-1 plan transaction.
Does the FAST filing show any open-market purchases or sales by Michael J. Ancius?
The report shows no open-market purchases or sales. It discloses a bona fide gift of 400 shares and updates holdings, with the transaction summary listing zero buy and sell shares, and one gift transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.