Form 4: Fastenal Executive Acquires Stock Options
SEC Form 4 Filing
William Joseph Drazkowski, EVP-Sales at Fastenal, reports acquisition of employee stock options.
Summary
- William Joseph Drazkowski, an EVP-Sales at Fastenal CO, filed a Form 4 indicating changes in beneficial ownership.
- The earliest transaction date reported is January 2, 2025.
- Drazkowski acquired 16,250 employee stock options with an exercise price of $72.
- These options vest over five years, with 20% becoming exercisable each year following the grant date.
- Following the reported transaction, Drazkowski directly owns 16,250 derivative securities.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock options, common in publicly traded companies. It provides transparency into the holdings of company executives.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of earliest transaction: Acquisition of employee stock options. |
| 01/06/2025 | Date of signature by Attorney-in-Fact. |
| 12/31/2034 | Expiration date of the employee stock options. |
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