Form 4: Fastenal Director Ancius Reports Stock Disposal and Holdings
SEC Form 4
Director Michael J. Ancius reported disposing of 460 shares of Fastenal Co. stock and disclosed holdings including direct shares, trust shares, and shares in a 401(k) plan.
Summary
- On October 16, 2024, Michael J. Ancius, a director of Fastenal Co., reported a transaction involving the company's common stock.
- Ancius disposed of 460 shares at $0, likely a gift or transfer.
- Following the transaction, Ancius directly owns 27,555 shares.
- Ancius also indirectly owns 6,504 shares through a 401(k) plan.
- 21,544 shares are held in a revocable trust over which Ancius and his wife share voting and investment power and 6,011 shares are held in the report person's self-directed IRA.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, neither inherently positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 10/16/2024 | Date of stock transaction (disposal of 460 shares) |
| 10/18/2024 | Date of signature by Attorney-in-Fact |
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