Fastenal (FAST) director gets 23,474 option grant at $8.52 each
Rhea-AI Filing Summary
Fastenal Company director Ericson Brady reported receiving a stock option grant as part of his annual director compensation. On January 2, 2026, he was granted 23,474 stock options with an exercise price of $8.52 per share under the Fastenal Company Non-employee Director Stock Option Plan. The options are exercisable starting January 2, 2026 and expire on December 31, 2035, and Brady beneficially owns 23,474 derivative securities directly following this grant.
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FAQ
What insider transaction did Fastenal (FAST) report for Ericson Brady?
Fastenal reported that director Ericson Brady received a grant of 23,474 stock options on January 2, 2026, reported on a Form 4 filing.
What are the key terms of Ericson Brady’s Fastenal stock options?
The derivative security is a Stock Option (Right to Buy) for 23,474 shares of Fastenal common stock with an exercise price of $8.52 per share.
When do Ericson Brady’s Fastenal stock options vest and expire?
The stock options are listed as exercisable on January 2, 2026 and have an expiration date of December 31, 2035, giving nearly ten years to exercise.
Is Ericson Brady’s Fastenal option grant direct or indirect ownership?
The filing shows direct (D) ownership of the 23,474 derivative securities following the reported transaction, with no indirect ownership entity noted.
Why did Fastenal grant these stock options to director Ericson Brady?
According to the footnote, the option was issued under the Fastenal Company Non-employee Director Stock Option Plan in connection with Brady’s annual director compensation.
How many Fastenal derivative securities does Ericson Brady hold after this transaction?
After the reported grant, Ericson Brady beneficially owns 23,474 derivative securities related to Fastenal common stock, all from this option grant.