Fastenal approves 2-for-1 forward stock split; annual meeting elects all directors

FASTENAL CO

2-for-1 forward split effective May 21, 2025 after close; trading begins May 22 on Nasdaq.
Record date for split is May 5, 2025; authorized shares increase to 1.6 billion.
Compensation committee increased equity plan shares proportionally to the split.
Annual meeting results: all 11 director nominees elected; say-on-pay approved; PwC ratified as auditor.
Vote totals: Scott Satterlee received 454M for; say-on-pay: 438M for, 28.5M against.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

FASTENAL CO: Amended Restated Articles of Incorporation to effect a two-for-one forward stock split, increasing authorized common shares to 1,600,000,000 (effective 2025-05-21).

Change: charter amendment
Effective: 2025-05-21

Exact text from the filing

On April 24, 2025, the Company’s Restated Articles of Incorporation were amended pursuant to the authority afforded to the Board in connection with the forward stock split. At the Effective Time, the amendment will increase the number of shares of Common Stock authorized for issuance to 1,600,000,000 shares with no change in par value.

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FASTENAL CO filing history →

Source: SEC EDGAR

accession 0000815556-25-000087

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