Fastenal (NASDAQ: FAST) EVP sells 9,258 shares at about $51.4
Rhea-AI Filing Summary
FASTENAL CO executive Donnalee Kathleen Papenfuss, EVP-Strategy and Communication, reported option exercises and related share sales. She exercised employee stock options covering 1,364 shares at $13.75 and 7,894 shares at $19.00 per share, receiving equivalent amounts of common stock. On the same date, she reported selling 1,364 shares at $51.4165 and 7,894 shares at $51.3841 per share. An additional 811 shares are held indirectly in a 401(K) Plan, including 345 shares acquired in that account since the prior report. Footnotes state the options vest over multi‑year schedules and that one grant’s amounts were adjusted for a 2-for-1 stock split effective May 21, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
7 txns
Insider
Papenfuss Donnalee Kathleen
Role
EVP-Strategy and Communication
Sold
9,258 shs ($476K)
Approx. gross sale proceeds
$476K
Approx. exercise cost
$169K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) F2 | 1,364 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (Right to Buy) F3, F4 | 7,894 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,364 | $13.75 | $19K |
| Sale | Common Stock | 1,364 | $51.4165 | $70K |
| Exercise | Common Stock | 7,894 | $19.00 | $150K |
| Sale | Common Stock | 7,894 | $51.3841 | $406K |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 0 shares (Direct);
Common Stock — 811 shares (Indirect, Held in 401(K) Plan)
Footnotes (4)
- F1. Shares attributed to reporting person's account within issuer's 401(K) Plan and includes an additional 345 shares acquired in the account since the last report on 6/9/2025.
- F2. The option will vest and become exercisable over a period of eight years, with 25% of the option vesting and becoming exercisable two years after the relevant vesting period, and the remainder vesting and becoming exercisable proportionately each year thereafter.
- F3. The option was previously reported in a Form 3 filing on 11/6/2024 and the amounts reported on this Form 4 are adjusted to reflect a 2-for-1 stock split on May 21, 2025.
- F4. The option will vest and become exercisable over a period of five years, with 40% of 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.
Key Figures
Options exercised at $13.75: 1,364 shares
Options exercised at $19.00: 7,894 shares
Shares sold at $51.4165: 1,364 shares
+5 more
8 metrics
Options exercised at $13.75
1,364 shares
Employee Stock Option (Right to Buy) into common stock at $13.75 per share on 2026-08-13
Options exercised at $19.00
7,894 shares
Employee Stock Option (Right to Buy) into common stock at $19.00 per share on 2026-08-13
Shares sold at $51.4165
1,364 shares
Sale of common stock at $51.4165 per share on 2026-08-13
Shares sold at $51.3841
7,894 shares
Sale of common stock at $51.3841 per share on 2026-08-13
Indirect 401(K) holdings
811 shares
Common stock held indirectly in a 401(K) Plan after the reported transactions
Additional 401(K) shares since prior report
345 shares
Shares acquired in the 401(K) account since the last report on 6/9/2025
Option expiration 1
2027-12-31
Expiration date for the 1,364-share employee stock option grant
Option expiration 2
2029-12-31
Expiration date for the 7,894-share employee stock option grant
Key Terms
Employee Stock Option, 2-for-1 stock split, vesting, 401(K) Plan
4 terms
Employee Stock Option financial
"security_title: Employee Stock Option (Right to Buy)"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
2-for-1 stock split financial
"adjusted to reflect a 2-for-1 stock split on May 21, 2025"
vesting financial
"The option will vest and become exercisable over a period of eight years"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
401(K) Plan financial
"Shares attributed to reporting person's account within issuer's 401(K) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What transactions did FAST (Fastenal Co) executive Donnalee Papenfuss report on this Form 4?
She reported exercising options for 9,258 shares of Fastenal common stock and selling 9,258 shares on the same date. The filing details strike prices of $13.75 and $19.00, with sale prices around $51.4 per share.
How do the options reported by Donnalee Papenfuss in FAST (Fastenal Co) vest?
One option grant vests over eight years, with 25% vesting two years after the relevant period and the rest annually. Another vests over five years, with 40% vesting two years after grant and the remainder on each anniversary.
AI-generated analysis. How Rhea-AI works. Not financial advice.
