Fastenal director exercises options and sells shares
Fastenal director Reyne K. Wisecup exercised stock options and sold shares on the same day.
Rhea-AI Filing Summary
Fastenal director Reyne K. Wisecup exercised stock options and sold shares on the same day. On March 5, 2026, she exercised an employee stock option for 36,920 shares of common stock at $13.00 per share and received the shares directly.
She then sold 36,920 shares of Fastenal common stock in an open-market transaction at an average price of $47.3435 per share, leaving her with 40,000 shares of directly owned common stock after the transactions. Footnotes explain that the option was originally granted in 2019 and adjusted for 2-for-1 stock splits, with vesting over five years.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 36,920 | $0.00 | $0.00 |
| Exercise | Common Stock | 36,920 | $13.00 | $480K |
| Sale | Common Stock | 36,920 | $47.3435 | $1.75M |
Footnotes (2)
- F1. The option was previously reported in a filing dated 1/3/2019 as covering 11,538 securities at a strike price of $52 and the amounts were adjusted to reflect a 2-for-1 stock splits on 5/22/2019 and 5/21/2025.
- F2. The option will fully vest and become exercisable over a period of five years, with 40% vesting and becoming exercisable two years following the date of grant and the remainder vesting and becoming exercisable proportionately (20%) each year thereafter.
FAQ
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What insider transactions did Fastenal (FAST) director Reyne K. Wisecup report?
What stock option exercise did Reyne K. Wisecup report for Fastenal (FAST)?
What do the Form 4 footnotes reveal about Reyne K. Wisecup’s Fastenal (FAST) option grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.