8-K

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) October 11, 2023

FASTENAL COMPANY

(Exact name of registrant as specified in its charter)

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)

Securities registered pursuant to Section 12(b) of the Act:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933

(17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).

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 October 11, 2023, the Board of Directors of Fastenal Company (the "Company") appointed Anthony P. Broersma as the Executive Vice President-Operations of the Company effective October 11, 2023.

Mr. Broersma's term of office as Executive Vice President-Operations of the Company, 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 Mr. Broersma and any other person or persons (other than the directors of the Company acting in their capacity as such) pursuant to which he was selected as Executive Vice President-Operations of the Company. Mr. Broersma is not related to any of our other executive officers or directors. There are no current or proposed transactions in which Mr. Broersma, 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.

Item 7.01. Regulation FD Disclosure.

On October 12, 2023, the Company issued a press release disclosing the events described in Item 5.02 above, a copy of which is furnished as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

INDEX TO EXHIBITS

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.

Document

EXHIBIT 99.1

Fastenal Names New Executive VP of Operations

WINONA, Minn., October 12, 2023 (BUSINESS WIRE) – Fastenal Company (Nasdaq: FAST) ("the Company") has appointed Anthony P. Broersma as the Executive Vice President-Operations effective on October 11, 2023. In his new role, he will oversee supply chain, compliance, supplier development, content, property management, eCommerce, supply to fulfillment distribution, and logistics operations of the Company.

Mr. Broersma previously served as our Senior Vice President-Operations of the Company from June 2022 to October 2023. From February 2021 to June 2022, Mr. Broersma was our Vice President of Procurement and Supply Chain. From February 2016 to February 2021, Mr. Broersma served as our Vice President of International Operations, leading all global operations. From December 2012 to February 2016, Mr. Broersma was the Regional Vice President for our continental Europe locations, while living in the Czech Republic. From February 2011 to December 2012, Mr. Broersma served as the Director of Asian Operations, while living in Shanghai, China. From December 2007 to February 2011, Mr. Broersma served as the Regional Operations Manager of our distribution center located in Scranton, PA. Mr. Broersma joined the Company in 2003 and, prior to 2007, served in various roles of increasing responsibility within our branch locations.

During Mr. Broersma's twenty-year career with the Company, he has served in numerous sales and operational roles with the Company. "I want to congratulate Tony on his new role. With his extensive background in Fastenal's operations and previous experience in the sales functions of the Company, the Fastenal 'Blue Team' will continue to benefit from his significant knowledge and strong leadership," said Dan Florness, the Company’s president and CEO.

About Fastenal

Fastenal provides a broad offering of industrial supplies, including fastener, safety, and metal cutting products, to manufacturing, construction, and state and local government customers through approximately 3,400 in-market locations (branches and customer-specific Onsite locations) spanning 25 countries. With continual investment in tailored local inventory, dedicated local experts, and flexible FMI® (Fastenal Managed Inventory) and digital solutions, we help our business partners achieve product and process savings across the supply chain – a "high-touch, high-tech" approach encapsulated by our tagline, Where Industry Meets Innovation™. Our local service teams are supported by 16 regional distribution centers, a captive logistics fleet, multiple teams of industry specialists and support personnel, and robust sourcing, quality, and manufacturing resources, enabling us to grow by getting closer to customers and providing innovative and comprehensive solutions to customer supply chain challenges.

Additional information regarding Fastenal is available on the Fastenal Company website at www.fastenal.com.

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