Fastenal (FAST) director receives 23,474 stock options as compensation
Rhea-AI Filing Summary
Fastenal Company director Rita J. Heise reported receiving a stock option grant as part of her annual director compensation. On January 2, 2026, she was granted a Stock Option (Right to Buy) covering 23,474 shares of Fastenal common stock. The option has an exercise price of $41 per share and is exercisable starting January 2, 2026, with an expiration date of December 31, 2035. The filing shows a reported price of the derivative security of $8.52 per option and indicates that all 23,474 options are held directly following the transaction. The option was issued under the Fastenal Company Non-employee Director Stock Option Plan in connection with Heise’s annual director compensation.
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FAQ
What insider transaction did Fastenal (FAST) report in this Form 4?
The Form 4 reports that director Rita J. Heise received a grant of Stock Options (Right to Buy) covering 23,474 shares of Fastenal common stock on January 2, 2026.
How many Fastenal stock options did Rita J. Heise receive and at what exercise price?
Rita J. Heise received 23,474 stock options, each with an exercise price of $41 per share, giving her the right to buy up to 23,474 shares of Fastenal common stock.
When do Rita J. Heise’s Fastenal stock options become exercisable and when do they expire?
The options become exercisable on January 2, 2026 and have an expiration date of December 31, 2035, providing nearly ten years during which they may be exercised.
What is the reported price of the Fastenal derivative security in this Form 4?
The Form 4 lists a price of the derivative security of $8.52 per stock option for the 23,474 options granted to Rita J. Heise.
Is the Fastenal option grant to Rita J. Heise part of a compensation plan?
Yes. The footnote states that the option was issued under the Fastenal Company Non-employee Director Stock Option Plan in connection with the reporting person’s annual director compensation.
Does Rita J. Heise hold the Fastenal options directly or indirectly after this transaction?
The Form 4 indicates that all 23,474 stock options are held directly (D) by Rita J. Heise following the reported transaction.