Fastenal Co (FAST) director sells 34,964 shares after option exercises
Rhea-AI Filing Summary
Fastenal Company director Rita J. Heise reported option-related trades on August 5, 2026. She exercised options for 10,000 shares at $13.00 and 24,964 shares at $19.00, then sold a total of 34,964 common shares at $50.0544 per share on that date.
Reported share amounts reflect a 2-for-1 stock split on May 21, 2025. Certain holdings referenced are maintained in a revocable trust where she and her spouse serve as trustees and share voting and investment power.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 34,964 shares ($1.15M approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Heise Rita J.
Role
Director
Sold
34,964 shs ($1.75M)
Approx. gross sale proceeds
$1.75M
Approx. exercise cost
$604K
Approx. pre-tax spread
$1.15M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F1, F3 | 10,000 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) F1, F4 | 24,964 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 10,000 | $13.00 | $130K |
| Sale | Common Stock F2 | 10,000 | $50.0544 | $501K |
| Exercise | Common Stock F1 | 24,964 | $19.00 | $474K |
| Sale | Common Stock F2 | 24,964 | $50.0544 | $1.25M |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 20,000 shares (Direct)
Footnotes (4)
- F1. On May 21, 2025, the Common Stock of Fastenal Company spit 2-for-1 and the amounts reported have been adjusted to reflect the stock split.
- F2. Shares maintained in a revocable trust for which reporting person and her spouse serve as Trustees and share voting and investment power.
- F3. The option was granted on 1/2/2019 to the reporting person pursuant the Fastenal Company Non-employee Director Stock Option Plan in lieu of an annual retainer and was immediately vested and exercisable.
- F4. The option was granted on 1/2/2020 to the reporting person pursuant the Fastenal Company Non-employee Director Stock Option Plan in lieu of an annual retainer and was immediately vested and exercisable.
Key Figures
Options exercised at $13.00: 10,000 shares
Options exercised at $19.00: 24,964 shares
Common shares sold at $50.0544: 10,000 shares
+4 more
7 metrics
Options exercised at $13.00
10,000 shares
Stock options exercised on August 5, 2026 at $13.00 per share
Options exercised at $19.00
24,964 shares
Stock options exercised on August 5, 2026 at $19.00 per share
Common shares sold at $50.0544
10,000 shares
Sale of common stock on August 5, 2026 at $50.0544 per share
Additional common shares sold at $50.0544
24,964 shares
Second sale of common stock on August 5, 2026 at $50.0544 per share
Total shares exercised
34,964 shares
Aggregate options exercised (exerciseShares) in this Form 4
Net shares sold
34,964 shares
NetBuySellShares reported as net-sell in transaction summary
Stock split ratio
2-for-1
Fastenal common stock split on May 21, 2025; amounts adjusted accordingly
Key Terms
Stock Option (Right to Buy), Non-employee Director Stock Option Plan, revocable trust, voting and investment power, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy) for director grants"
Non-employee Director Stock Option Plan financial
"pursuant the Fastenal Company Non-employee Director Stock Option Plan in lieu"
revocable trust financial
"Shares maintained in a revocable trust for which reporting person and her spouse"
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.
voting and investment power financial
"serve as Trustees and share voting and investment power"
stock split financial
"Common Stock of Fastenal Company spit 2-for-1 and the amounts reported"
A stock split increases the number of a company's shares by dividing each existing share into multiple new shares while reducing the price per share by the same proportion, so an investor's total value and ownership percentage stay the same. It matters because lower per-share prices can make trading easier and attract more buyers, similar to breaking a large chocolate bar into smaller pieces to make it easier to share, which can boost liquidity and market interest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transactions did Fastenal (FAST) director Rita J. Heise report on August 5, 2026?
Rita J. Heise reported exercising options for 34,964 Fastenal shares and selling 34,964 common shares on August 5, 2026. The option exercises were at $13.00 and $19.00 per share, and the sales occurred at $50.0544 per share, after a 2-for-1 stock split.
Which stock options did Rita Heise exercise in this Fastenal (FAST) Form 4?
Rita Heise exercised options covering 10,000 shares at $13.00 and 24,964 shares at $19.00 per share. These options were originally granted in 2019 and 2020 under Fastenal’s Non-employee Director Stock Option Plan and were already fully vested and exercisable.
Were Rita Heise’s Fastenal (FAST) holdings associated with a trust?
A footnote states that certain shares are maintained in a revocable trust where Rita Heise and her spouse serve as trustees. They share voting and investment power over those trust-held shares, though the exact post-transaction share balance is not detailed in the data provided.