Board of directors (12)
Directors with a Section 16 filing in the last 13 months. “Since” is the first filing as a director; SEC data sets start in 2016.
Executive officers (12)
Company facts
- Chair
- —
- In S&P 500 since
- Sep 2008
- Incorporated in
- MN
- Fiscal year ends
- December
- SEC industry
- Retail-Building Materials, Hardware, Garden Supply
- SEC filings
- EDGAR
Connections to other S&P 500 companies
Current directors and officers who also hold a role at another S&P 500 company.
Major holders (5% or more)
Latest Schedule 13D/13G filing per holder. Holders that reported falling below 5% are not shown. Index funds usually report once a year.
No 5% holder filings parsed yet for this company.
Insider trades
Open-market purchases and sales reported on Form 4. Grants, option exercises and tax withholding are excluded.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| Aug 13, 2026 | Donnalee Kathleen Papenfuss EVP-Strategy and Communication | Sale | 7,894 | $51.38 | $406K |
| Aug 13, 2026 | Donnalee Kathleen Papenfuss EVP-Strategy and Communication | Sale | 1,364 | $51.42 | $70K |
| Aug 10, 2026 | Michael J. Ancius Director | Sale | 3,000 | $52.00 | $156K |
| Aug 5, 2026 | Rita J. Heise Director | Sale | 10,000 | $50.05 | $501K |
| Aug 5, 2026 | Rita J. Heise Director | Sale | 24,964 | $50.05 | $1.2M |
| Jul 28, 2026 | Michael J. Ancius Director | Sale | 3,000 | $49.00 | $147K |
| Mar 5, 2026 | Reyne K. Wisecup Senior Executive VP | Sale | 36,920 | $47.34 | $1.7M |
| Jan 23, 2026 | Scott Satterlee Director | Sale | 15,964 | $44.19 | $705K |
| Nov 19, 2025 | Sarah N. Nielsen Director | Buy | 1,000 | $39.60 | $40K |
| Nov 17, 2025 | Daniel L. Johnson Director | Buy | 1,000 | $40.44 | $40K |
| Nov 13, 2025 | Hsenghung Sam Hsu Director | Buy | 1,000 | $49.58 | $50K |
| Nov 12, 2025 | Stephen L. Eastman Director | Buy | 1,000 | $40.82 | $41K |
| Oct 16, 2025 | Hsenghung Sam Hsu Director | Buy | 1,000 | $42.45 | $42K |
| Aug 15, 2025 | William Joseph Drazkowski EVP-Sales | Sale | 6,842 | $48.67 | $333K |
| Aug 12, 2025 | Daniel L. Florness CEO | Sale | 84,612 | $48.44 | $4.1M |
| Aug 8, 2025 | Jeffery Michael Watts President and Chief Sales Off. | Sale | 16,000 | $48.05 | $769K |
| Aug 8, 2025 | Jeffery Michael Watts President and Chief Sales Off. | Sale | 32,724 | $48.05 | $1.6M |
| Aug 8, 2025 | John Lewis Soderberg Senior EVP-IT | Sale | 34,612 | $48.03 | $1.7M |
| Jul 24, 2025 | Anthony Paul Broersma EVP-Operations | Sale | 4,934 | $47.94 | $237K |
| Jul 24, 2025 | Anthony Paul Broersma EVP-Operations | Sale | 8,648 | $47.92 | $414K |
| Jul 17, 2025 | Sheryl Ann Lisowski EVP-CAO/Treas. | Sale | 4,000 | $45.21 | $181K |
| Jul 17, 2025 | Sheryl Ann Lisowski EVP-CAO/Treas. | Sale | 5,052 | $45.20 | $228K |
| Jul 17, 2025 | Sheryl Ann Lisowski EVP-CAO/Treas. | Sale | 12,000 | $45.22 | $543K |
| Jun 5, 2025 | Donnalee Kathleen Papenfuss EVP-Strategy and Communication | Sale | 1,592 | $41.24 | $66K |
| Jun 5, 2025 | Donnalee Kathleen Papenfuss EVP-Strategy and Communication | Sale | 1,364 | $41.30 | $56K |
Board and executive changes
Every 8-K with Item 5.02 (departure, election or appointment of directors and officers). The text is the first paragraph of the item.
- Jul 16, 2026
Appointment of New Director As previously reported, on December 19, 2025, the Board appointed Mr. Watts, Fastenal's President and Chief Sales Officer, as Fastenal's President and CEO, effective as of the CEO Transition Date. On July 10, 2026, the Board elected Mr. Watts as a director of the Company to succeed Daniel L. Florness, effective as of the CEO Transition Date. Mr. Watts was elected to serve as a director until the Company's next annual meeting of shareholders or until his successor is duly elected and qualified. In connection with his director role, Mr. Watts will receive an annual cash retainer of $50,000 for his service as an employee director of the Company, such retainer to be prorated for the portion of the year during which Mr.
Read the 8-K filing - Jun 12, 2026
On June 12, 2026, the Board of Directors (the 'Board') of Fastenal Company (the 'Company') elected as a director of the Company Mr. Vishal Talwar, effective on June 12, 2026, increasing the number of directors on the Board from eleven to twelve on this date. Mr. Talwar was elected to serve as an independent director until the Company's next annual meeting of shareholders or until his successor is duly elected and qualified. The Board also appointed Mr. Talwar to serve on the Board's Nominating and Corporate Governance Committee, effective on the same date. Mr. Talwar is currently the Executive Vice President and Chief Digital and Information Officer of FedEx Corporation, and President of FedEx DataWorks, since August 15, 2025. Mr.
Read the 8-K filing - Apr 29, 2026
(e) On April 23, 2026, Fastenal Company ('Fastenal') held its annual meeting of shareholders in Winona, Minnesota ('2026 Annual Meeting'). At the 2026 Annual Meeting, Fastenal's shareholders approved the Fastenal Company Employee Restricted Stock Unit Plan and the Fastenal Company Non-Employee Director Stock and Restricted Stock Unit Plan. Descriptions of these plans are contained in the sections of Fastenal's definitive Proxy Statement for the 2026 Annual Meeting entitled "Proposal #4 – Approval of the Fastenal Company Employee Restricted Stock Unit Plan" and "Proposal #5 – Approval of the Fastenal Company Non-Employee Director Stock and Restricted Stock Unit Plan". The full text of these plans is filed as Exhibit 10.1 and Exhibit 10.2 to this report and is incorporated herein by reference.
Read the 8-K filing - Dec 22, 2025
Resignation of Chief Executive Officer and Director On December 19, 2025, Daniel L. Florness, the Chief Executive Officer ('CEO') of Fastenal Company ('Fastenal') and a director of Fastenal's Board of Directors (the 'Board'), submitted a letter to the Board advising them of the following: (1) Mr. Florness' decision to voluntarily step out of his role as Fastenal's CEO, effective July 16, 2026 (the 'CEO Transition Date') and (2) his decision to resign from the Board, effective as of the CEO Transition Date. Mr. Florness' decision to step out of the CEO role and his decision to resign from his role on the Board were not a result of any disagreement with Fastenal or with the Board on any matter relating to Fastenal's operations, policies or practices. Prior to the CEO Transition Date, Mr. Florness plans to continue to serve as Fastenal's CEO.
Read the 8-K filing - Nov 3, 2025
On October 30, 2025, the Board of Directors (the 'Board') of Fastenal Company (the 'Company') appointed Mr. Max H. Tunnicliff to the office of Chief Financial Officer and Senior Executive Vice President of the Company, effective on November 10, 2025. Mr. Tunnicliff, 47, previously served since January 2024 as the chief financial officer of Beko Europe, a leading home appliance business in Europe that was formed in 2024 under agreement between Arcelik and Whirlpool Corporation ('Whirlpool'). Prior to this role, he served as head of internal audit and VP of strategy of Whirlpool from November 2021 to December 2023. He also served as the chief financial officer of the Asia Pacific Region of Whirlpool from August 2019 to October 2021. Earlier in his career, Mr.
Read the 8-K filing - Apr 25, 2025
Effective as of the same time and date as the forward stock split described in
Read the 8-K filing - Apr 10, 2025
On April 10, 2025, the Board of Directors (the 'Board') of Fastenal Company (the 'Company' or 'Fastenal') appointed Sheryl A. Lisowski, the Company's Executive Vice President – Chief Accounting Officer and Treasurer, to serve in the additional role of interim Chief Financial Officer of the Company, effective April 17, 2025 (the 'Effective Date'), until such time as a permanent Chief Financial Officer is appointed. Ms. Lisowski, age 57, has been the Company's Executive Vice President – Chief Accounting Officer and Treasurer since December 2020. From August 2016 to November 2020, Ms. Lisowski was our Controller, Chief Accounting Officer, and Treasurer. Ms. Lisowski was the Company's Controller and Chief Accounting Officer from October 2013 to August 2016, and also served as our interim Chief Financial Officer from January 2016 to August 2016. Ms.
Read the 8-K filing - Jan 17, 2025
On January 16, 2025, Nicholas J. Lundquist, a director of the Board of Directors (the "Board") of Fastenal Company (the "Company" or "Fastenal"), informed the Company that he will not stand for re-election as a director of the Company and tendered his notification of ineligibility, effective as of January 16, 2025. Mr. Lundquist's not standing for re-election was not the result of any disagreements with the Company on matters related to its operations, policies, or practices, but based on his ineligibility to continue to serve on the Board pursuant to the Company's Corporate Governance Guidelines, which impose a five-year term limit for former employees of the Company. Mr. Lundquist has served on the Board since October 2019. Mr.
Read the 8-K filing - Dec 27, 2024
On December 23, 2024, Holden Lewis, the Senior Executive Vice President and Chief Financial Officer of Fastenal Company (the ‘Company’), provided written notice to the Company of his resignation, effective on April 16, 2025 (the 'Effective Date'). Mr. Lewis’ resignation was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices, including with respect to any matters relating to the Company’s accounting practices or financial reporting. Mr. Lewis intends to remain an employee of the Company and continue to serve as the Senior Executive Vice President and Chief Financial Officer of the Company until the Effective Date and he has informed the Company he will assist with the efficient transition of his responsibilities to a replacement.
Read the 8-K filing - Jul 12, 2024
On July 11, 2024, Mr. Jeffery M. Watts was appointed by the Board of Directors (the 'Board') of Fastenal Company (the 'Company') to the position of President and Chief Sales Officer, effective on August 1, 2024 (the 'Effective Date'), assuming the role of President from Mr. Daniel L. Florness who will be voluntarily vacating the President position on the Effective Date. Mr. Florness will continue to serve as the Chief Executive Officer of the Company and a member of the Board. Mr. Watts will continue in his role as the Company's Chief Sales Officer, which he has held since May 2023, and will assume the additional role of President on the Effective Date. Serving as the Chief Sales Officer, Mr. Watts' responsibilities include establishing priorities, setting goals, and providing guidance and oversight concerning the global sales activities of the Company.
Read the 8-K filing - Oct 12, 2023
On October 11, 2023, the Board of Directors of Fastenal Company (the "Company") appointed Anthony P. Broersma as the Executive Vice President-Operations of the Company effective October 11, 2023. Mr. Broersma's term of office as Executive Vice President-Operations of the Company, will expire concurrently with the expiration of the term of office of the Company's other executive officers. There are no arrangements or understandings between Mr. Broersma and any other person or persons (other than the directors of the Company acting in their capacity as such) pursuant to which he was selected as Executive Vice President-Operations of the Company. Mr. Broersma is not related to any of our other executive officers or directors. There are no current or proposed transactions in which Mr.
Read the 8-K filing - Oct 12, 2023
On October 9, 2023, Terry M. Owen resigned as the Chief Operations Officer of Fastenal Company (the "Company") effective October 31, 2023. Mr. Owen has been with the Company since June 1999. The Company thanks Mr. Owen for his years of dedicated service to the Company and wishes him all the best in his future endeavors.
Read the 8-K filing - Jul 12, 2023
to report the election of Ms. Irene A. Quarshie to the Company’s Board of Directors (the "Board"). At the time of the Original Form 8-K filing, the Board had not determined to which committees, if any, Ms. Quarshie would be appointed. In accordance with instruction no. 2 of the Instructions to
Read the 8-K filing - Jun 9, 2023
On June 9, 2023, the Board of Directors (the "Board") of Fastenal Company (the "Company") elected as a director of the Company Ms. Irene A. Quarshie, effective on June 9, 2023, increasing the number of directors on the Board from ten to eleven on this date. Ms. Quarshie was elected to serve as an independent director until the Company's next annual meeting of shareholders following her election or until her successor is duly elected and qualified. Ms. Quarshie is currently the Senior Vice President of Global Supply Chain and Logistics for Target Corporation, serving in this capacity since March 2022. Target Corporation is a Fortune 50, multi-category retailer with locations in all 50 U.S. states and the District of Columbia, with headquarters in Minneapolis, MN.
Read the 8-K filing - May 5, 2023
On May 3, 2023, the Board of Directors of Fastenal Company (the "Company") approved the transition of certain executive officers of the Company to newly established positions of Chief Operating Officer and Chief Sales Officer. Mr. Terry M. Owen, 54, the Senior Executive Vice President-Sales Operations of the Company will transition to the newly established executive officer position of Chief Operating Officer for the Company with responsibilities to provide oversight and guidance concerning the global sourcing, manufacturing, and logistical operations of the Company. Mr. Owen’s compensation program as the Chief Operating Officer will remain the same as his role as Senior Executive Vice President-Sales Operations for the Company. Mr. Jeffery M.
Read the 8-K filing
Show 10 older changes
- Aug 16, 2021
On August 13, 2021, the Board of Directors (the "Board") of Fastenal Company (the "Company") elected as a director of the Company Ms. Sarah N. Nielsen, effective on August 16, 2021, increasing the number of directors on the Board from nine to ten on this date. Ms. Nielsen was elected to serve as an independent director until the Company's next annual meeting of shareholders or until her successor is duly elected and qualified. The Board appointed Ms. Nielsen to serve on the Audit Committee of the Company effective on August 16, 2021. Ms. Nielsen currently serves as the Chief Financial Officer of First Citizens Bank in Mason City, IA, which is a locally-owned community bank and has served in this capacity since November 2017. Previously, she was employed with Winnebago Industries, Inc.
Read the 8-K filing - Dec 10, 2020
On December 9, 2020, Willard D. Oberton, chairman of the Board of Directors (the “Board”) of Fastenal Company (the “Company”), informed the Company that he has decided not to stand for re-election as a director of the Company at our next annual meeting of shareholders to be held on April 24, 2021 (the “Annual Meeting”). Mr. Oberton’s decision not to stand for re-election was not the result of any disagreements with the Company on matters related to its operations, policies or practices. Mr. Oberton has served on the Board of the Company since June 1999, and as chairman of our Board since April 2014. Mr. Oberton began his business career with the Company in January 1980 and was promoted to branch manager, then district manager, and later to general operations manager.
Read the 8-K filing - Aug 7, 2020
On August 6, 2020, the Board of Directors (the "Board") of Fastenal Company (the "Company") elected as a director of the Company Mr. Hsenghung Sam HSU, effective immediately, increasing the number of directors on the Board from ten to eleven on this date. Mr. HSU was elected to serve as an independent director until the Company's next annual meeting of shareholders following his election or until his successor is duly elected and qualified. The Board also appointed Mr. HSU to serve on the Audit Committee of the Company effective immediately. Mr. HSU is currently employed with Ecolab Inc. ("Ecolab") located in St. Paul, MN and has served as their Executive Vice President of Strategic Planning, leading Corporate Strategy, Digital & New Business, since January 2016.
Read the 8-K filing - Jun 10, 2020
In the first quarter of 2020, COVID-19 began to spread across the globe, and created severe uncertainty within the global economy. During this time, the Blue Team at Fastenal Company (‘Fastenal’ or ‘Company’) set in motion an increase in the sourcing and vetting of additional suppliers for safety products. In addition, we prepared our teams and started discussions with customers regarding products and identifying alternative logistics assuming a more chaotic world. In mid-March 2020, the executive leadership of Fastenal put in place expanded benefits for all employees due to potential COVID-19 impacts and established operating expense reductions within the business. These operating expense reductions were put in place to increase the organization’s agility, to fund the additional employee benefits, and to improve the ability to retain talent - our people.
Read the 8-K filing - Apr 28, 2020
In response to the current business environment as impacted by COVID-19, Fastenal Company (the 'Company') is taking several precautionary measures and adjusting its operational needs, including a suspension of performance bonus programs to employees above certain compensation levels during the second quarter (April through June) of 2020. As part of these measures, the Company has suspended payments under the Company’s Incentive Plan for its named executive officers during the second quarter (April through June) of 2020. Also, the Company is reducing director meeting fees from $4,000 to $2,000 (plus reimbursement of reasonable expenses) for attendance at each regular or special meeting of the board and each committee meeting, including meetings of independent directors for the months of May, June, and July of 2020.
Read the 8-K filing - Jan 21, 2020
On January 16, 2020, Darren R. Jackson, a member of the Board of Directors of Fastenal Company (the “Company”), informed the Company that he has decided not to stand for re-election as a director of the Company at the Company’s next annual meeting of shareholders to be held on April 25, 2020. Mr. Jackson’s decision not to stand for re-election was not the result of any disagreements with the Company on matters related to its operations, policies or practices. Mr. Jackson has served on the Board of Directors of the Company since July 2012. The Board of Directors thanked Mr. Jackson for his years of dedicated service to the Board of Directors of the Company and wishes him all the best in his future endeavors.
Read the 8-K filing - Sep 3, 2019
On August 29, 2019, the Board of Directors (the "Board") of Fastenal Company (the "Company") elected Nicholas J. Lundquist as a director of the Company, effective on October 1, 2019. Immediately preceding Mr. Lundquist's election, the Board voted to increase the number of directors that may serve on the Company's Board from ten to the current eleven. Mr. Lundquist was elected to serve until the Company's next annual meeting of shareholders or until his successor is duly elected and qualified. The Board did not appoint Mr. Lundquist to serve on any committees of the Board and does not intend to do so at this time. Mr. Lundquist has been employed by the Company for forty years and currently serves as a senior executive vice president - operations of the Company. Mr.
Read the 8-K filing - Aug 4, 2016
On August 4, 2016, Mr. Holden Lewis was appointed by the Board of Directors (the ‘Board’) of Fastenal Company (the ‘Company’) to the office of chief financial officer and executive vice president of the Company effective on August 16, 2016. Mr. Lewis, who is 46, has been an equity analyst since 1994, with senior responsibilities for the last twenty years. He has been employed by and held positions with FBR Capital Markets & Co. (a full-service investment bank) as a senior vice president/equity research-industrial technology from April 2016 to July 2016, Oppenheimer & Co Inc.
Read the 8-K filing - May 27, 2016
On May 24, 2016, the Board of Directors (the "Board") of Fastenal Company (the "Company") elected Daniel L. Johnson as a director of the Company, effective immediately, filling the vacancy created by an increase in the number of directors on the Board from nine to ten. Mr. Johnson was elected to serve until the Company's next annual meeting of shareholders or until his successor is duly elected and qualified. The Board appointed Mr. Johnson to serve as a member of the Audit Committee of the Company for a term ending on the last day of the term of the other members of the Audit Committee or until his successor is duly appointed and qualified. The Board has determined that Mr. Johnson qualifies as an "independent director" under the listing standards of The NASDAQ Stock Market. Mr.
Read the 8-K filing - Jan 14, 2016
Director or officer change (Item 5.02). Open the filing for details.
Read the 8-K filing
Proxy statements (DEF 14A): 2026 · 2025 · 2024 · 2023 · 2022 · 2021
Share price
Annual financials
From the company's 10-K XBRL data (SEC companyfacts).
| Fiscal year | Revenue | Net income | Margin | Diluted EPS | Total assets |
|---|---|---|---|---|---|
| FY2025 | $8.2B | $1.3B | 15.3% | $1.09 | $5.1B |
| FY2024 | $7.5B | $1.2B | 15.2% | $1.00 | $4.7B |
| FY2023 | $7.3B | $1.2B | 15.7% | $1.01 | $4.5B |
| FY2022 | $7.0B | $1.1B | 15.6% | $1.89 | $4.5B |
| FY2021 | $6.0B | $925.0M | 15.4% | $1.60 | $4.3B |
| FY2020 | $5.6B | $859.1M | 15.2% | $1.49 | $4.0B |
| FY2019 | $5.3B | $790.9M | 14.8% | $1.38 | $3.8B |
| FY2018 | $5.0B | $751.9M | 15.1% | $1.31 | $3.3B |
Former directors and officers (9)
People who stopped filing as an insider of this company. “Last filing” is the last Form 3/4/5, an upper bound on when they left.