Fastenal Approves New Stock Plans at 2026 Annual Meeting

Details

These plans are designed to provide stock-based compensation to employees and non-employee directors, respectively. Descriptions and full texts of these plans are included in the definitive Proxy Statement for the 2026 Annual Meeting and are filed as Exhibits 10.1 and 10.2 to this report.

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About Fastenal Co.

Fastenal Co. is a prominent player in the industrial and construction supplies distribution sector. The company's core function is to provide a comprehensive range of fasteners, tools, safety products, and related equipment to industries such as manufacturing, construction, and maintenance operations. Fastenal operates through a vast network of distribution centers, in-person branches, and onsite locations, delivering essential products promptly and efficiently to meet customer needs. Its robust supply chain infrastructure ensures the availability of items ranging from nuts and bolts to sophisticated machinery tools, thereby supporting various sectors in maintaining and enhancing operational efficiency. Fastenal Co. holds a key position in the supply chain, playing a critical role in facilitating the seamless procurement of vital materials needed for production and operational continuity. By leveraging technology and inventory management solutions, Fastenal optimizes its service offerings, thus securing its significance in the industrial distribution market.