Fastenal director Lundquist not standing for re-election; Ericson appointed to board

FASTENAL CO

Nicholas J. Lundquist informed Fastenal he will not stand for re-election effective Jan 16, 2025, due to five-year term limit for former employees.
Lundquist had served on the board since October 2019; departure is not because of any disagreement with the company.
Board elected Brady D. Ericson as independent director effective Jan 16, 2025; Ericson is President/CEO of PHINIA Inc.
Ericson appointed to Audit Committee; will receive pro rata director compensation for partial year of service.

item 5.02

Executive movements

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Appointed

Brady D. Ericson

Director

FAST · FASTENAL CO

Effective: 2025-01-16
Filed: January 17, 2025, 6:59 PM ET

Also on January 16, 2025, the Board elected as a director of the Company, Mr. Brady D. Ericson, effective as of the same date, keeping the number of directors on the Board at eleven.

Departed

Nicholas J. Lundquist

Director

FAST · FASTENAL CO

Effective: 2025-01-16
Successor: Brady D. Ericson
Filed: January 17, 2025, 6:59 PM ET

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.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Brady D. Ericson was elected as Director at FASTENAL CO.

Action: elected
Role: Director

Exact text from the filing

Also on January 16, 2025, the Board elected as a director of the Company, Mr. Brady D. Ericson, effective as of the same date, keeping the number of directors on the Board at eleven.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Nicholas J. Lundquist departed as Director at FASTENAL CO.

Action: will not stand for re-election
Role: Director

Exact text from the filing

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.

View on SEC.gov

FASTENAL CO filing history →

Source: SEC EDGAR

accession 0000815556-25-000051

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