Wisecup Reyne K 4
4 · FASTENAL CO · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Fastenal Director Reyne K. Wisecup Exercises Options, Sells 36,920 Shares
What Happened Reyne K. Wisecup, a director of Fastenal Co. (FAST), exercised stock options to acquire 36,920 shares at a $13.00 strike ($479,960 total cost) and then sold those 36,920 shares in an open-market transaction at $47.34 per share for $1,747,922 on March 5, 2026. The net cash difference between sale proceeds and option cost was about $1,267,962 (before taxes and fees). The Form 4 was filed on March 6, 2026 for the March 5 transaction.
Key Details
- Transaction date: 2026-03-05 (filed 2026-03-06).
- Exercise (code M): 36,920 shares acquired at $13.00/share — cost $479,960.
- Sale (code S): 36,920 shares sold at $47.34/share — proceeds $1,747,922.
- Filing also reports a derivative disposition of 36,920 shares at $0.00 (the form does not specify the reason).
- Shares owned after the transaction: not disclosed in this Form 4.
- Footnotes: the option was originally reported 1/3/2019 and was adjusted for 2-for-1 stock splits on 5/22/2019 and 5/21/2025; the option vests over five years (40% after two years, then 20% per year).
Context This was an option exercise followed by an immediate sale of the same shares (commonly seen when insiders exercise vested options and sell shares to realize gains). The filing appears timely (reported the day after the transaction). As always, sales by insiders can be routine (liquidity or tax-related) and do not by themselves indicate a change in company outlook.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-03-05$13.00/sh+36,920$479,960→ 76,920 total - Sale
Common Stock
2026-03-05$47.34/sh−36,920$1,747,922→ 40,000 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
[F1][F2]2026-03-05−36,920→ 0 totalExercise: $13.00Exp: 2028-12-31→ Common Stock (36,920 underlying)
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.