FAST · Fastenal Co

$51.02 -0.32 (-0.62%) At close · Aug 14

Market Cap

$58.55B

1.15B

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Daniel L. Florness	Chief Executive Officer	$750,000	—	—	$861,387	$2,569,000	$2,941	$4,183,328
Jeffery Watts	—	$535,658	—	—	$738,322	$1,819,823	—	$3,093,803
Jeffery M. Watts	President and Chief Sales Officer	$535,658	—	—	$738,322	$1,819,823	—	$3,093,803
Charles S. Miller	Senior Executive Vice President - Sales	$450,000	—	—	$332,250	$1,132,546	$2,941	$1,917,737
John L. Soderberg	Senior Executive Vice President - Information Technology	$400,008	—	—	$221,500	$954,200	$2,941	$1,578,649
Sheryl A. Lisowski	Executive Vice President - Chief Accounting Officer and Treasurer	$404,549	—	—	$177,200	$876,090	$2,941	$1,460,780
Sheryl Lisowski	Chief Accounting Officer	$404,549	—	—	$177,200	$876,090	$2,941	$1,460,780
Holden Lewis	Former Senior Executive Vice President and Chief Financial Officer	$129,526	—	—	$291,016	$83,767	—	$504,309
Max H. Tunnicliff	Senior Executive Vice President and Chief Financial Officer	$62,708	$225,000	—	—	$178,695	—	$466,403

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Daniel L. Florness	Chief Executive Officer	$750,000	—	—	$867,883	$75,250	$2,754	$1,695,887
Jeffery M. Watts	President and Chief Sales Officer	$516,090	—	—	$495,938	$60,746	—	$1,072,774
Jeffery Watts	—	$516,090	—	—	$495,938	$60,746	—	$1,072,774
Charles S. Miller	Senior Executive Vice President - Sales	$450,000	—	—	$334,746	$60,173	$2,754	$847,673
Holden Lewis	Senior Executive Vice President and Chief Financial Officer	$430,000	—	—	$293,214	$64,700	$2,754	$790,668
William J. Drazkowski	Executive Vice President - Sales	$390,000	—	—	$290,119	$48,800	$2,754	$731,673
John L. Soderberg	Senior Executive Vice President - Information Technology	$400,008	—	—	$223,164	$49,950	$2,754	$675,876
Sheryl A. Lisowski	Executive Vice President - Chief Accounting Officer and Treasurer	$320,004	—	—	$178,538	$54,550	$2,754	$555,846
Sheryl Lisowski	Chief Accounting Officer	$320,004	—	—	$178,538	$54,550	$2,754	$555,846

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Daniel L. Florness	Chief Executive Officer	$750,000	—	—	$847,284	$1,515,000	$3,223	$3,115,507
Charles S. Miller	Senior Executive Vice President - Sales	$430,008	—	—	$312,288	$852,813	$3,223	$1,598,332
Terry M. Owen	Former Chief Operating Officer	$432,055	—	—	$363,125	$703,333	—	$1,498,513
Jeffery Watts	—	$451,503	—	—	$268,713	$749,716	—	$1,469,932
Jeffery M. Watts	President and Chief Sales Officer	$451,503	—	—	$268,713	$749,716	—	$1,469,932
Holden Lewis	Senior Executive Vice President and Chief Financial Officer	$430,000	—	—	$286,259	$728,350	$3,223	$1,447,832
John L. Soderberg	Senior Executive Vice President - Information Technology	$400,008	—	—	$217,875	$613,000	$3,223	$1,234,106
William J. Drazkowski	Executive Vice President - Sales	$370,000	—	—	$268,713	$486,580	$3,223	$1,128,516
Sheryl Lisowski	Chief Accounting Officer	$320,004	—	—	$174,300	$507,230	$3,223	$1,004,757
Sheryl A. Lisowski	Executive Vice President - Chief Accounting Officer and Treasurer	$320,004	—	—	$174,300	$507,230	$3,223	$1,004,757

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Daniel L. Florness	Chief Executive Officer	$750,000	—	—	$617,802	$4,068,500	$3,308	$5,439,610
Terry M. Owen	Former Chief Operating Officer	$500,004	—	—	$220,645	$2,327,000	$3,308	$3,050,957
Charles S. Miller	Senior Executive Vice President - Sales	$430,008	—	—	$189,742	$1,665,442	$3,308	$2,288,500
Holden Lewis	Senior Executive Vice President and Chief Financial Officer	$430,000	—	—	$142,313	$1,624,000	$3,308	$2,199,621
Reyne K. Wisecup	Senior Executive Vice President -	$450,008	—	—	$132,381	$1,514,300	—	$2,096,689
William J. Drazkowski	Executive Vice President - Sales	$370,000	—	—	$163,271	$1,527,888	$3,308	$2,064,467
John L. Soderberg	Senior Executive Vice President - Information Technology	$380,000	—	—	$125,760	$1,514,300	$3,308	$2,023,368
Jeffery Watts	—	$358,631	—	—	$163,271	$1,167,365	—	$1,689,267
Jeffery M. Watts	President and Chief Sales Officer	$358,631	—	—	$163,271	$1,167,365	—	$1,689,267

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Daniel L. Florness	President and Chief Executive Officer	$717,500	—	—	$538,313	$1,165,000	$2,801	$2,423,614
Jeffery Watts	—	$368,205	—	—	$139,559	$1,008,853	—	$1,516,617
Jeffery M. Watts	Chief Sales Officer	$368,205	—	—	$139,559	$1,008,853	—	$1,516,617
Terry M. Owen	Former Chief Operating Officer	$500,004	—	—	$199,372	$790,000	$2,801	$1,492,177
William J. Drazkowski	Executive Vice President - Sales	$350,004	—	—	$139,559	$775,464	$2,801	$1,267,828
Holden Lewis	Senior Executive Vice President and Chief Financial Officer	$400,008	—	—	$119,625	$633,100	$2,801	$1,155,534
Charles S. Miller	Senior Executive Vice President - Sales	$430,008	—	—	$171,456	$545,858	$2,801	$1,150,123
Reyne K. Wisecup	Senior Executive Vice President -	$442,508	—	—	$119,625	$527,500	—	$1,089,633
John L. Soderberg	Senior Executive Vice President - Information Technology	$360,000	—	—	$107,663	$527,500	$2,801	$997,964

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Daniel L. Florness	President and Chief Executive Officer	$717,500	—	—	$483,864	$1,335,000	$2,786	$2,539,150
Terry M. Owen	Senior Executive Vice President - Sales Operations	$500,004	—	—	$179,205	$945,000	$2,786	$1,626,995
Jeffery M. Watts	Executive Vice President - International Sales	$343,883	—	—	$125,447	$808,423	—	$1,277,753
Jeffery Watts	—	$343,883	—	—	$125,447	$808,423	—	$1,277,753
Human Resources	—	$442,508	—	—	$107,523	$633,500	—	$1,183,531
Reyne K. Wisecup	Senior Executive Vice President - Human Resources	$442,508	—	—	$107,523	$633,500	—	$1,183,531
Holden Lewis	Senior Executive Vice President and Chief Financial Officer	$400,008	—	—	$107,523	$668,800	$2,786	$1,179,117
Charles S. Miller	Senior Executive Vice President - Sales	$430,008	—	—	$154,117	$441,755	$2,786	$1,028,666
William J. Drazkowski	Executive Vice President - Sales	$350,004	—	—	$125,447	$507,314	$2,786	$985,551

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Daniel L. Florness	President and Chief Executive Officer	$642,500	—	—	$406,146	$708,750	$2,547	$1,759,943
Terry M. Owen	Senior Executive Vice President - Sales Operations	$430,000	—	—	$145,534	$481,950	$2,547	$1,060,031
Holden Lewis	Executive Vice President and Chief Financial Officer	$400,008	—	—	$101,534	$454,680	$2,547	$958,769
Charles S. Miller	Senior Executive Vice President - Sales	$400,008	—	—	$101,534	$421,262	$2,547	$925,351
Reyne K. Wisecup	Senior Executive Vice President - Human Resources	$442,508	—	—	$101,534	$368,550	—	$912,592
Jeffery M. Watts	Executive Vice President - International Sales	$303,404	—	—	$76,146	$409,025	—	$788,575
Jeffery Watts	—	$303,404	—	—	$76,146	$409,025	—	$788,575
William J. Drazkowski	Executive Vice President - Sales	$300,000	—	—	$76,146	$299,602	$2,547	$678,295

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Daniel L. Florness	President and Chief Executive Officer	$592,500	—	—	$410,317	$1,423,750	$2,844	$2,429,411
Terry M. Owen	Senior Executive Vice President - Sales Operations	$430,000	—	—	$156,829	$911,200	$2,844	$1,500,873
Jeffery Watts	—	$310,324	—	—	$82,055	$1,037,775	—	$1,430,154
Jeffery M. Watts	Executive Vice President - International Sales	$310,324	—	—	$82,055	$1,037,775	—	$1,430,154
Reyne K. Wisecup	Senior Executive Vice President - Human Resources	$442,508	—	—	$109,417	$740,350	—	$1,292,275
Holden Lewis	Executive Vice President and Chief Financial Officer	$350,000	$28,800	—	$100,300	$639,900	$2,844	$1,121,844
Charles S. Miller	Senior Executive Vice President - Sales	$350,000	—	—	$95,736	$568,755	$2,844	$1,017,335

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Daniel L. Florness	President and Chief Executive Officer	$592,500	—	—	$402,125	$1,041,901	$2,830	$2,039,356
Terry M. Owen	Senior Executive Vice President - Sales Operations	$430,000	—	—	$153,703	$666,816	$2,830	$1,253,349
Charles S. Miller	Senior Executive Vice President - Sales	$300,000	—	—	$312,766	$442,167	$2,830	$1,057,763
Holden Lewis	Executive Vice President and Chief Financial Officer	$320,004	—	—	$214,469	$494,136	$5,351	$1,033,960
Reyne K. Wisecup	Senior Executive Vice President - Human Resources	$434,816	—	—	$142,976	$416,760	—	$994,552

Executive changes

Person	Role	Change	Effective	Filed
Vishal Talwar	director	Appointed	2026-06-12	2026-06-12
Jeffery M. Watts	next CEO of Fastenal	Appointed	2026-07-16	2025-12-22
Daniel L. Florness	director of Fastenal's Board of Directors	Resigned	2026-07-16	2025-12-22
Daniel L. Florness	Chief Executive Officer	Resigned	2026-07-16	2025-12-22
Sheryl A. Lisowski	Interim Chief Financial Officer	Terminated	2025-11-10	2025-11-03
Max H. Tunnicliff	Chief Financial Officer and Senior Executive Vice President	Appointed	2025-11-10	2025-11-03
Sarah N. Nielsen	Director	Appointed	2025-04-24	2025-04-25
Irene A. Quarshie	Director	Appointed	2025-04-24	2025-04-25
Reyne K. Wisecup	Director	Appointed	2025-04-24	2025-04-25
Hsenghung Sam Hsu	Director	Appointed	2025-04-24	2025-04-25
Daniel L. Johnson	Director	Appointed	2025-04-24	2025-04-25
Daniel L. Florness	Director	Appointed	2025-04-24	2025-04-25
Brady D. Ericson	Director	Appointed	2025-04-24	2025-04-25
Rita J. Heise	Director	Appointed	2025-04-24	2025-04-25
Michael J. Ancius	Director	Appointed	2025-04-24	2025-04-25
Stephen L. Eastman	Director	Appointed	2025-04-24	2025-04-25
Scott A. Satterlee	Director	Appointed	2025-04-24	2025-04-25
Sheryl A. Lisowski	interim Chief Financial Officer	Appointed	2025-04-17	2025-04-10
Brady D. Ericson	director	Appointed	2025-01-16	2025-01-17
Holden Lewis	Senior Executive Vice President and Chief Financial Officer	Resigned	2025-04-16	2024-12-27
Jeffery M. Watts	President and Chief Sales Officer	Appointed	2024-08-01	2024-07-12
Anthony P. Broersma	Executive Vice President-Operations	Appointed	2023-10-11	2023-10-12
Terry M. Owen	Chief Operations Officer	Resigned	2023-10-31	2023-10-12
Irene A. Quarshie	director	Appointed	2023-06-09	2023-06-09
Jeffery M. Watts	Chief Sales Officer	Appointed	2023-05-03	2023-05-05

Key facts CIK 815556 CUSIP 311900104 13F (30d) 1325 filings 1286 filers Visit website Investor relations