Form 4: Fastenal Executive Vice President James C. Jansen Reports Stock Option Exercise and Sale
SEC Form 4 Filing
Executive Vice President James C. Jansen of Fastenal Co. exercised stock options and sold shares on May 29, 2024.
Summary
- On May 29, 2024, James C. Jansen, Executive Vice President of Fastenal Co., exercised employee stock options to acquire 11,428 shares of common stock at a price of $21 per share.
- Simultaneously, Jansen sold 11,428 shares of common stock at a price of $64.0661 per share.
- Following these transactions, Jansen directly owns 26,176 shares of Fastenal common stock.
- Jansen also indirectly owns 19,648 shares held in a 401(K) plan and 160 shares held in a custodian account for children.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions by a company executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 12/11/2023 | Date of reporting person's prior report filed. |
| 05/29/2024 | Date of transaction: exercise of stock options and sale of shares. |
| 05/30/2024 | Date of signature for the Form 4 filing. |
| 05/31/2024 | Expiration date of employee stock option. |
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