Miller Charles S. 4

What Happened
Charles S. Miller, Senior EVP‑Sales at Fastenal Co. (FAST), reported two purchases of company stock in April 2025. He acquired 20 shares on 2025-04-07 and another 20 shares on 2025-04-14, each at $39.15 per share, for $783 per trade and a combined cost of $1,566. These were purchases (transaction code P), which are typically interpreted as insider buying activity rather than sales.

Key Details

• Transaction dates and prices: 2025-04-07 — 20 shares @ $39.15 ($783); 2025-04-14 — 20 shares @ $39.15 ($783).
• Total purchased: 40 shares for $1,566.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes:
  • F1: Some shares are held in a managed account under an investment adviser’s trading discretion; the reporting person disclaims beneficial ownership of those shares.
  • F2: Some shares are attributed to the reporting person’s account within the issuer’s 401(k) plan as of the filing date.
• Timeliness: The Form 4 was filed on 2026-01-27 for transactions in April 2025, so this filing appears late relative to the usual 2‑business‑day reporting requirement.

Context
These are small open‑market purchases and should be viewed as routine insider buying rather than a major directional signal. Footnote F1 indicates certain shares are in a managed account (the insider disclaims beneficial ownership of those), and F2 notes holdings in the company 401(k); both are common disclosures that can affect how much economic interest the filing reflects.