Form 4: Fastenal EVP-Operations Anthony Paul Broersma Reports Transaction in Company Stock
SEC Form 4 Filing
Anthony Paul Broersma, EVP-Operations at Fastenal, reports a transaction involving company stock, including the exercise of stock options and a sale of shares.
Summary
- On October 16, 2024, Anthony Paul Broersma, EVP-Operations at Fastenal Co, executed transactions involving Fastenal's common stock.
- Broersma exercised an employee stock option to acquire 680 shares at a price of $23.
- Simultaneously, Broersma sold 680 shares at a price of $77.8599.
- Broersma also reports beneficial ownership of 6,276 shares held in a 401(k) plan, which includes an additional 105 shares acquired since the last report on February 8, 2024.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the buying and selling activities of company executives. It's a standard practice for publicly traded companies and their officers.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive stock activity.
Key Dates
| Date | Description |
|---|---|
| 02/08/2024 | Date of prior report filed by the reporting person. |
| 10/16/2024 | Date of the reported transaction: exercise of stock options and sale of shares. |
| 05/31/2025 | Expiration date of the employee stock option. |
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