FASTENAL CO: insider trades · United States · SEC (Form 4)

About FASTENAL CO

Fastenal Co (ticker: FAST) is a leading industrial distribution company listed on the Nasdaq market in the United States (United States). Headquartered in Winona, Minnesota, the company began in 1967 as a small fastener business and has evolved into a much broader procurement and supply-chain services platform. For international investors, Fastenal should be viewed not just as a distributor, but as a service-heavy industrial supplier that combines local relationships, logistics, technical support, and digital ordering tools to help customers reduce the total cost of procurement. ([investor.fastenal.com](https://investor.fastenal.com/INVESTOR-OVERVIEW/DEFAULT.ASPX)) Fastenal’s core business is the distribution of industrial and construction products, with a strong focus on maintenance, repair and operations (MRO) needs. Its product range includes threaded fasteners, bolts, nuts, screws, washers, concrete anchors, wire rope, metal framing products, rivets, and related accessories, alongside a broader assortment of industrial and construction consumables. The company serves manufacturers, contractors, and multi-site industrial customers through a combination of public branches, customer-dedicated Onsite locations, vending solutions, bin-stock programs, and e-business capabilities. This operating model is central to Fastenal’s value proposition: high service levels, close customer proximity, and recurring replenishment tied to operational needs rather than discretionary demand. ([investor.fastenal.com](https://investor.fastenal.com/INVESTOR-OVERVIEW/DEFAULT.ASPX)) Historically, Fastenal was founded in 1967 by Bob Kierlin and partners, starting from a small store in Winona, Minnesota. Over time, it built what management describes as a differentiated network model, expanding from fasteners into a wider industrial supply offering. That evolution matters competitively: Fastenal’s footprint and embedded customer relationships give it an edge versus more centralized distributors, especially where uptime, speed of delivery, and on-site inventory management are important. Management explicitly emphasizes that the company can be a local relationship, a logistics company, a consultant, and a technology solutions provider, which underscores the breadth of its commercial model. ([investor.fastenal.com](https://investor.fastenal.com/files/doc_financials/2019/10-K-SEC-Filing-Excl.-Blank-Pages.pdf)) Geographically, Fastenal remains primarily North American, while also operating overseas branch formats for select international markets. Its headquarters are in Winona, Minnesota, and the company continues to invest in physical infrastructure and technology to support growth. In its first-quarter 2026 results, Fastenal reported higher net sales, higher net income, and stronger operating cash flow versus the prior-year period, while also increasing capital spending plans for 2026 to support a replacement of its Atlanta hub, higher trucking spend, and delayed IT projects. The company also announced leadership changes: a CEO transition scheduled for July 16, 2026, and a new CFO effective November 10, 2025. These recent developments suggest an ongoing operational reset, but within a business model that remains financially disciplined and highly cash-generative. ([investor.fastenal.com](https://investor.fastenal.com/news-releases/news-details/2026/Fastenal-Company-Reports-2026-First-Quarter-Earnings/default.aspx))