secwatch.observer — SEC 8-K summary
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Issuer:     FASTENAL CO (FAST)
CIK:        0000815556
Form:       8-K
Filed at:   2025-01-17T23:59:59+00:00
Accession:  0000815556-25-000051
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/815556/000081555625000051/0000815556-25-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/815556/000081555625000051/fast-20250116.htm
  HTML page:      https://secwatch.observer/filing/0000815556-25-000051

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