Fastenal Director Michael J. Ancius Sells 3,000 Shares After Option Exercise

What Happened

• Michael J. Ancius, a Fastenal Company (FAST) director, exercised non‑employee director stock options for 3,000 shares at an exercise price of $13.75 (cost $41,250) and sold 3,000 common shares in an open‑market transaction at $52.00 per share (gross proceeds $156,000) on August 10, 2026. The filing also reports a related derivative conversion entry for 3,000 shares at $0.00, reflecting the option-to-stock conversion.

Key Details

• Transaction date: 2026-08-10 (filed 2026-08-11 — timely filing).
• Exercise: 3,000 shares @ $13.75 = $41,250 (option exercise, code M).
• Sale: 3,000 shares @ $52.00 = $156,000 (open‑market sale, code S).
• Related derivative entry: 3,000 shares reported disposed at $0.00 (reflects conversion/cancellation of the option).
• Shares owned after transaction: not explicitly stated in the provided lines; footnotes indicate holdings include 46,668 shares in a revocable trust (shared voting/investment power) and 12,022 shares in a self‑directed IRA (see F1). Some additional shares are held in a 401(k) (see F2).
• Footnote F3: the option was issued under the Fastenal Non‑employee Director Stock Option Plan and was immediately exercisable as part of annual director compensation.

Context

• This was an exercise followed by an immediate sale of the resulting shares (commonly a cashless exercise or sell‑to‑cover pattern). The filing shows both the option exercise and the open‑market sale on the same date.
• As a non‑employee director, these option awards are part of routine director compensation; sales by directors are common and do not necessarily indicate a view on company fundamentals.