0000815556-23-000027.txt : 20230505 0000815556-23-000027.hdr.sgml : 20230505 20230505080015 ACCESSION NUMBER: 0000815556-23-000027 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20230503 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20230505 DATE AS OF CHANGE: 20230505 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FASTENAL CO CENTRAL INDEX KEY: 0000815556 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-BUILDING MATERIALS, HARDWARE, GARDEN SUPPLY [5200] IRS NUMBER: 410948415 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-16125 FILM NUMBER: 23891333 BUSINESS ADDRESS: STREET 1: 2001 THEURER BLVD CITY: WINONA STATE: MN ZIP: 55987 BUSINESS PHONE: 5074545374 MAIL ADDRESS: STREET 1: 2001 THEURER BLVD CITY: WINONA STATE: MN ZIP: 55987 8-K 1 fast-20230503.htm FORM 8-K fast-20230503
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) May 3, 2023
FASTENAL COMPANY
(Exact name of registrant as specified in its charter)
Minnesota0-1612541-0948415
(State or other jurisdiction
of incorporation)
(Commission File Number)(IRS Employer Identification No.)

        2001 Theurer Boulevard, Winona, Minnesota         55987-1500
(Address of principal executive offices)             (Zip Code)

(507) 454-5374
(Registrant's telephone number, including area code)  
 
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, par value $.01 per shareFASTThe Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act
(17 CFR 230.405) or Rule 12b-2 of the Exchange Act (17 CFR 240.12b-2).
Emerging Growth Company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 3, 2023, the Board of Directors of Fastenal Company (the "Company") approved the transition of certain executive officers of the Company to newly established positions of Chief Operating Officer and Chief Sales Officer.
Mr. Terry M. Owen, 54, the Senior Executive Vice President-Sales Operations of the Company will transition to the newly established executive officer position of Chief Operating Officer for the Company with responsibilities to provide oversight and guidance concerning the global sourcing, manufacturing, and logistical operations of the Company. Mr. Owen’s compensation program as the Chief Operating Officer will remain the same as his role as Senior Executive Vice President-Sales Operations for the Company.
Mr. Jeffery M. Watts, 51, the Executive Vice President-International Sales of the Company will transition to the newly established executive officer position of Chief Sales Officer for the Company with responsibilities to provide oversight and guidance concerning the global sales activities of the Company.
The purpose of the appointments is to further support the global growth of the Company. Each of the appointments are effective as of May 3, 2023.
Mr. Owen and Mr. Watts terms of office as Chief Operating Officer and Chief Sales Officer of the Company, respectively, will expire concurrently with the expiration of the term of office of the Company’s other executive officers. There are no arrangements or understandings between both Mr. Owen and Mr. Watts and any other person or persons (other than the directors of the Company acting in their capacity as such) pursuant to which they were selected as Chief Operating Officer and Chief Sales Officer of the Company. Mr. Owen and Mr. Watts are not related to any of our other executive officers or directors. There are no current or proposed transactions in which Mr. Owen or Mr. Watts, or any member of his immediate family, has an interest that is required to be disclosed under Item 404(a) of Regulation S‑K promulgated by the Securities Exchange Commission.
The positions of Senior Executive Vice President-Sales Operations and Executive Vice President-International Sales formerly held by Mr. Owen and Mr. Watts, respectively, will be dissolved by the Company effective upon their appointment.
Item 9.01. Financial Statements and Exhibits.

INDEX TO EXHIBITS
Exhibit
Number
Description of Document
104The cover page from the Current Report on Form 8-K formatted in Inline XBRL.



SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
  Fastenal Company
(Registrant)
May 5, 2023By:/s/   HOLDEN LEWIS
(Date)
Holden Lewis
Senior Executive Vice President and Chief Financial Officer


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Entity Tax Identification Number 41-0948415
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