FASTENAL CO. 2023-2024 Proxy Voting Records

Description as filed by funds: Election of Directors: Daniel L. Florness

FASTENAL CO.’s own tally for this item (“Elect Director: Daniel L. Florness”): 458,947,150 for, 5,458,497 against, per its Form 8-K filed April 30, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Based on the votes set forth above, all of the foregoing persons were elected to serve until the next regular meeting of shareholders or until their successors have been elected and qualified.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 166 asset managers below reported 175,953,098 for, 232,781 against, 76,575 abstained.

Showing the 25 largest of 166 asset managers. See all 166 in the interactive database.

Description as filed by funds: Election of Directors: Daniel L. Johnson

FASTENAL CO.’s own tally for this item (“Elect Director: Daniel L. Johnson”): 454,868,748 for, 9,178,795 against, per its Form 8-K filed April 30, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Based on the votes set forth above, all of the foregoing persons were elected to serve until the next regular meeting of shareholders or until their successors have been elected and qualified.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 166 asset managers below reported 175,957,821 for, 228,057 against, 76,575 abstained.

Showing the 25 largest of 166 asset managers. See all 166 in the interactive database.

Description as filed by funds: Election of Directors: Hsenghung Sam Hsu

FASTENAL CO.’s own tally for this item (“Elect Director: Hsenghung Sam Hsu”): 457,893,093 for, 6,452,355 against, per its Form 8-K filed April 30, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Based on the votes set forth above, all of the foregoing persons were elected to serve until the next regular meeting of shareholders or until their successors have been elected and qualified.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 166 asset managers below reported 176,027,771 for, 158,107 against, 76,575 abstained.

Showing the 25 largest of 166 asset managers. See all 166 in the interactive database.

Description as filed by funds: Election of Directors: Irene A. Quarshie

FASTENAL CO.’s own tally for this item (“Elect Director: Irene A. Quarshie”): 462,989,716 for, 1,325,836 against, per its Form 8-K filed April 30, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Based on the votes set forth above, all of the foregoing persons were elected to serve until the next regular meeting of shareholders or until their successors have been elected and qualified.”
Support: 99.7% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 166 asset managers below reported 176,151,011 for, 34,867 against, 76,575 abstained.

Showing the 25 largest of 166 asset managers. See all 166 in the interactive database.

Description as filed by funds: Election of Directors: Michael J. Ancius

FASTENAL CO.’s own tally for this item (“Elect Director: Michael J. Ancius”): 429,521,780 for, 34,784,514 against, per its Form 8-K filed April 30, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Based on the votes set forth above, all of the foregoing persons were elected to serve until the next regular meeting of shareholders or until their successors have been elected and qualified.”
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 166 asset managers below reported 175,539,142 for, 646,737 against, 76,575 abstained.

Showing the 25 largest of 166 asset managers. See all 166 in the interactive database.

Description as filed by funds: Election of Directors: Nicholas J. Lundquist

FASTENAL CO.’s own tally for this item (“Elect Director: Nicholas J. Lundquist”): 454,992,864 for, 9,191,012 against, per its Form 8-K filed April 30, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Based on the votes set forth above, all of the foregoing persons were elected to serve until the next regular meeting of shareholders or until their successors have been elected and qualified.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 166 asset managers below reported 175,952,903 for, 232,976 against, 76,575 abstained.

Showing the 25 largest of 166 asset managers. See all 166 in the interactive database.

Description as filed by funds: Election of Directors: Reyne K. Wisecup

FASTENAL CO.’s own tally for this item (“Elect Director: Reyne K. Wisecup”): 453,617,984 for, 10,722,807 against, per its Form 8-K filed April 30, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Based on the votes set forth above, all of the foregoing persons were elected to serve until the next regular meeting of shareholders or until their successors have been elected and qualified.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 166 asset managers below reported 175,952,903 for, 232,976 against, 76,575 abstained.

Showing the 25 largest of 166 asset managers. See all 166 in the interactive database.

Description as filed by funds: Election of Directors: Rita J. Heise

FASTENAL CO.’s own tally for this item (“Elect Director: Rita J. Heise”): 429,070,268 for, 35,107,328 against, per its Form 8-K filed April 30, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Based on the votes set forth above, all of the foregoing persons were elected to serve until the next regular meeting of shareholders or until their successors have been elected and qualified.”
Support: 92% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 166 asset managers below reported 169,068,309 for, 7,117,569 against, 76,575 abstained.

Showing the 25 largest of 166 asset managers. See all 166 in the interactive database.

Description as filed by funds: Election of Directors: Sarah N. Nielsen

FASTENAL CO.’s own tally for this item (“Elect Director: Sarah N. Nielsen”): 460,077,754 for, 4,245,330 against, per its Form 8-K filed April 30, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Based on the votes set forth above, all of the foregoing persons were elected to serve until the next regular meeting of shareholders or until their successors have been elected and qualified.”
Support: 99.0% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 166 asset managers below reported 176,054,576 for, 131,302 against, 76,575 abstained.

Showing the 25 largest of 166 asset managers. See all 166 in the interactive database.

Description as filed by funds: Election of Directors: Scott A. Satterlee

FASTENAL CO.’s own tally for this item (“Elect Director: Scott A. Satterlee”): 447,133,157 for, 16,028,068 against, per its Form 8-K filed April 30, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Based on the votes set forth above, all of the foregoing persons were elected to serve until the next regular meeting of shareholders or until their successors have been elected and qualified.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 166 asset managers below reported 175,764,317 for, 421,562 against, 76,575 abstained.

Showing the 25 largest of 166 asset managers. See all 166 in the interactive database.

Description as filed by funds: Election of Directors: Stephen L. Eastman

FASTENAL CO.’s own tally for this item (“Elect Director: Stephen L. Eastman”): 447,841,790 for, 16,345,840 against, per its Form 8-K filed April 30, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Based on the votes set forth above, all of the foregoing persons were elected to serve until the next regular meeting of shareholders or until their successors have been elected and qualified.”
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 166 asset managers below reported 173,701,868 for, 2,484,010 against, 76,575 abstained.

Showing the 25 largest of 166 asset managers. See all 166 in the interactive database.

Description as filed by funds: Approval of an amendment to our Restated Articles of Incorporation to delete Article VI regarding supermajority approval of business combinations with certain interested parties.

FASTENAL CO.’s own tally for this item (“4. Approval of an amendment to the Company's Restated Articles of Incorporation to delete Article VI regarding supermajority approval of business combinations with certain interested parties”): 461,340,376 for, 2,320,469 against — passed, per its Form 8-K filed April 30, 2024 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Based on the votes set forth above, the amendment to the Company's Restated Articles of Incorporation to delete Article VI regarding supermajority approval of business combinations with certain interested parties was adopted by the Company's shareholders.”
Support: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of FASTENAL CO.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “ELIMINATE SUPERMAJORITY VOTE REQUIREMENT FOR BUSINESS COMBINATIONS” (6 managers, 151,556 for, 5,471 abstained).

The 163 asset managers below reported 176,078,066 for, 5,631 against, 18,000 abstained.

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

Description as filed by funds: Approval, by non-binding vote, of executive compensation.

FASTENAL CO.’s own tally for this item (“3. An advisory vote on a non-binding resolution to approve the compensation of the Company's named executive officers as disclosed in the proxy statement for the Annual Meeting”): 430,001,431 for, 33,753,135 against — passed, per its Form 8-K filed April 30, 2024 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Based on the votes set forth above, the resolution for the approval, on an advisory basis, of the compensation of the Company's named executive officers was adopted by the Company's shareholders.”
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports, all 159 managers: 175,205,654 for, 986,829 against, 65,529 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports, all 764 managers: 323,547,262 for, 24,667,723 against, 14,783 abstained, 47,986 not voted, 1,178,433 unknown. Showing the 25 largest; see all in the interactive database.

Description as filed by funds: Ratification of the appointment of KPMG LLP as independent registered public accounting firm for the 2024 fiscal year.

FASTENAL CO.’s own tally for this item (“2. Ratification of appointment of independent registered public accounting firm for the fiscal year ending December 31, 2024”): 486,091,152 for, 31,207,365 against — passed, per its Form 8-K filed April 30, 2024 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Based on the votes set forth above, the selection of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024 was ratified by the Company's shareholders.”
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 164 asset managers below reported 175,788,320 for, 283,319 against, 30,058 abstained.

Showing the 25 largest of 164 asset managers. See all 164 in the interactive database.

Description as filed by funds: The consideration of a shareholder proposal relating to simple majority vote, if properly presented at the annual meeting.

FASTENAL CO.’s own tally for this item (“5. Consideration of a shareholder proposal relating to simple majority vote”): 188,934,885 for, 271,122,260 against — failed, per its Form 8-K filed April 30, 2024 (Item 5.07).

Reported outcome: Not approved, in the filing’s own words: “Based on the votes set forth above, the shareholder proposal relating to simple majority vote was not adopted by the Company's shareholders.”
Support: 41% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 166 asset managers below reported 51,980,155 for, 124,220,793 against, 56,050 abstained, 2,806 unknown.

Showing the 25 largest of 166 asset managers. See all 166 in the interactive database.