8-K
filed April 26, 2023, 7:59 PM ET
ticker FAST
CIK 0000815556
other
confidence high
sentiment neutral
materiality 0.15
Fastenal shareholders elect all director nominees and ratify KPMG as auditor at 2023 annual meeting
FASTENAL CO
- All 10 director nominees elected with majority support; broker non-votes of 44.9M shares.
- KPMG ratified as independent auditor for FY 2023 with 493.8M for vs 21.6M against.
- Advisory vote on executive compensation passed with 439.0M for, 30.6M against.
- Shareholders selected 'every year' frequency for say-on-pay; board will adopt annual vote.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
FASTENAL CO shareholders approved Election of a board of directors consisting of ten members to serve until the next regular meeting of shareholders or until their successors have been elected and qualified. at the 2023-04-22 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-04-22
Exact text from the filing
Proposal #1 – Election of directors. The election of a board of directors consisting of ten members to serve until the next regular meeting of shareholders or until their successors have been elected and qualified. The voting results were as follows: Names of Directors Total Number of Votes For Total Number of Votes Against Total Number of Votes Abstaining Scott A. Satterlee 458,186,400 12,297,189 911,402 Michael J. Ancius 451,049,932 19,331,146 1,013,913 Stephen L. Eastman 453,723,499 16,602,317 1,069,175 Daniel L. Florness 463,092,890 7,464,379 837,722 Rita J. Heise 432,436,160 38,059,061 899,770 Hsenghung Sam Hsu 462,694,403 7,678,045 1,022,543 Daniel L. Johnson 459,335,855 10,767,355 1,291,781 Nicholas J. Lundquist 459,905,715 10,336,894 1,152,382 Sarah N. Nielsen 467,577,748 2,924,590 892,653 Reyne K. Wisecup 458,862,858 11,528,439 1,003,694 There were 44,941,226 broker non-votes.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
FASTENAL CO shareholders approved Non-binding advisory vote to determine the frequency of future advisory votes on the compensation of the Company's named executive officers. at the 2023-04-22 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-04-22
Exact text from the filing
Proposal #4 - A non-binding advisory vote to determine the frequency of future advisory votes on the compensation of the Company's named executive officers. The voting results were as follows: Every Year Every Two Years Every Three Years Abstain 460,507,229 1,170,530 7,713,980 2,003,252 There were 44,941,226 broker non-votes.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
FASTENAL CO shareholders approved Ratification of appointment of independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-04-22 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-04-22
Exact text from the filing
Proposal #2 – Ratification of appointment of independent registered public accounting firm for the fiscal year ending December 31, 2023. The voting results were as follows: For Against Abstain 493,843,098 21,638,023 855,096
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
FASTENAL CO shareholders approved Advisory vote on a non-binding resolution to approve the compensation of Fastenal's named executive officers as disclosed in the proxy statement for the 2023 Annual Meeting. at the 2023-04-22 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-04-22
Exact text from the filing
Proposal #3 – An advisory vote on a non-binding resolution to approve the compensation of Fastenal’s named executive officers as disclosed in the proxy statement for the 2023 Annual Meeting. The voting results were as follows: For Against Abstain 439,048,771 30,606,936 1,739,284 There were 44,941,226 broker non-votes.
View on SEC.gov
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