Ancius Michael J 4
Research Summary
AI-generated summary
Fastenal (FAST) Director Michael J. Ancius Exercises Options
What Happened
- Michael J. Ancius, a director of Fastenal Company (FAST), exercised non-employee director stock options on 2026-04-24. The filing shows acquisition of 1,000 shares at $44.90 per share for a total cost of $44,900.
- The report also contains a separate derivative entry showing disposition of 1,000 derivative securities recorded at $0.00. Both transactions are coded M (option exercise/conversion). Footnote F3 states the option was issued under the Non-employee Director Stock Option Plan and was immediately exercisable.
Key Details
- Transaction date: 2026-04-24; Filing date: 2026-04-27.
- Acquired: 1,000 shares @ $44.90 — total cash paid $44,900.
- Disposed (derivative entry): 1,000 @ $0.00 (reported as a derivative conversion/disposition).
- Shares reported held after the transaction (per footnotes): 46,668 shares in a revocable trust (shared voting/investment power) and 12,022 shares in a self-directed IRA — 58,690 shares total disclosed; additional 401(k) holdings are noted but not quantified (F1, F2).
- Notable footnotes: F1 (trust and IRA holdings), F2 (401(k) plan holdings), F3 (option issued under the non-employee director plan and immediately exercisable).
- No indication in the filing that the acquired shares were immediately sold (no cashless exercise/sale reported).
Context
- This is an option exercise by a non-employee director (typical compensation-related transaction), not an open-market purchase or sale by an executive. Such exercises often reflect routine option vesting/compensation rather than a director buying stock as a bullish signal.
- The separate derivative disposal entry at $0.00 appears to be part of the exercise/administrative reporting and does not show cash proceeds; the filing is factual and does not state any selling of the newly acquired shares.