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FASTENAL CO. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and FASTENAL CO.’s Form 8-K, filed April 25, 2025 (Item 5.07 on EDGAR). Page generated October 14, 2026.

13Ballot items
961Asset managers
10,929Fund votes
April 24, 2025Meeting date

Results at a glance

Meeting of April 24, 2025: 13 items on FASTENAL CO.’s Form 8-K, filed April 25, 2025: 11 elected · 2 approved.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore FASTENAL CO. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by FASTENAL CO.

These tallies are FASTENAL CO.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed April 25, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

FASTENAL CO. — official shareholder meeting results, meeting held April 24, 2025
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
Elect Director: Scott A. Satterlee	454,393,652	13,351,624	853,265	--	53,783,234	97%	Elected	—
Elect Director: Michael J. Ancius	436,761,725	30,993,056	843,760	--	53,783,234	93%	Elected	—
Elect Director: Stephen L. Eastman	434,426,653	33,121,194	1,050,694	--	53,783,234	93%	Elected	—
Elect Director: Brady D. Ericson	467,013,555	679,254	905,732	--	53,783,234	99.8%	Elected	—
Elect Director: Daniel L. Florness	466,095,464	1,740,846	762,231	--	53,783,234	99.6%	Elected	—
Elect Director: Rita J. Heise	434,065,072	33,524,708	1,008,761	--	53,783,234	93%	Elected	—
Elect Director: Hsenghung Sam Hsu	456,510,105	11,050,088	1,038,348	--	53,783,234	98%	Elected	—
Elect Director: Daniel L. Johnson	455,916,494	11,624,660	1,057,387	--	53,783,234	98%	Elected	—
Elect Director: Sarah N. Nielsen	461,257,653	6,564,344	776,544	--	53,783,234	99%	Elected	—
Elect Director: Irene A. Quarshie	456,595,120	10,989,357	1,014,064	--	53,783,234	98%	Elected	—
Elect Director: Reyne K. Wisecup	455,984,313	11,867,384	746,844	--	53,783,234	97%	Elected	—
2. Ratification of appointment of independent registered public accounting firm for the fiscal year ending December 31, 2025	517,474,948	4,106,483	800,344	--	--	99.2%	Approved	—
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	438,459,188	28,537,462	1,601,891	--	53,783,234	94%	Approved	—

Source: FASTENAL CO., Form 8-K, filed with the SEC on April 25, 2025 — read the filing on EDGAR.

How asset managers voted at the FASTENAL CO. 2024-2025 meeting

Each item below shows how the 961 asset managers that disclosed a FASTENAL CO. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: Brady D. Ericson

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

99.8% Majority: yes · of votes cast

FOR 99.8%

FOR: 467,013,555AGAINST: 679,254

Details: description as filed, official tally, votes by 165 asset managers

Description as filed by funds: Election of Directors: Brady D. Ericson

FASTENAL CO.’s own tally for this item (“Elect Director: Brady D. Ericson”): 467,013,555 for, 679,254 against, per its Form 8-K filed April 25, 2025 (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: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 165 asset managers below reported 185,125,802 for, 15,750 against, 74,816 abstained.

FOR

FOR: 185,125,802AGAINST: 15,750ABSTAIN: 74,816

Largest asset managers voting on “Election of Directors: Brady D. Ericson” at FASTENAL CO., 2024-2025
Asset manager	For	Vote
Vanguard	70,075,629	For
BlackRock	20,628,819	For
Charles Schwab	18,601,950	For
Fidelity	15,783,246	For
State Street	7,153,138	For
Principal	4,468,793	For
Global X	4,019,133	For
Invesco	3,471,586	For
Thrivent	3,462,313	For
ProShares	3,031,944	For
Dimensional	2,610,204	For
Franklin Custodian Funds	2,502,937	For
Waddell & Reed	2,233,325	For
TRUST FOR PROFESSIONAL MANAGERS	1,837,370	For
First Trust	1,725,731	For
TIAA	1,416,540	For
T. Rowe Price	1,343,117	For
FENIMORE ASSET MANAGEMENT TRUST	1,129,900	For
Hartford	1,078,338	For
NICHOLAS FUND, INC.	1,005,000	For
FRANKLIN STRATEGIC SERIES	982,147	For
Goldman Sachs	899,351	For
WisdomTree	700,259	For
Jackson National	667,131	For
Advisors' Inner Circle Fund II	636,000	For

Showing the 25 largest of 165 asset managers. See all 165 in the interactive database.

2. Elect Director: Daniel L. Florness

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%

FOR: 466,095,464AGAINST: 1,740,846

Details: description as filed, official tally, votes by 165 asset managers

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

FASTENAL CO.’s own tally for this item (“Elect Director: Daniel L. Florness”): 466,095,464 for, 1,740,846 against, per its Form 8-K filed April 25, 2025 (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: 99.6% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 165 asset managers below reported 185,125,726 for, 15,826 against, 74,816 abstained.

FOR

FOR: 185,125,726AGAINST: 15,826ABSTAIN: 74,816

Largest asset managers voting on “Election of Directors: Daniel L. Florness” at FASTENAL CO., 2024-2025
Asset manager	For	Against	Vote
Vanguard	70,075,629	0	For
BlackRock	20,628,819	0	For
Charles Schwab	18,601,950	0	For
Fidelity	15,783,246	0	For
State Street	7,153,062	76	For
Principal	4,468,793	0	For
Global X	4,019,133	0	For
Invesco	3,471,586	0	For
Thrivent	3,462,313	0	For
ProShares	3,031,944	0	For
Dimensional	2,610,204	0	For
Franklin Custodian Funds	2,502,937	0	For
Waddell & Reed	2,233,325	0	For
TRUST FOR PROFESSIONAL MANAGERS	1,837,370	0	For
First Trust	1,725,731	0	For
TIAA	1,416,540	0	For
T. Rowe Price	1,343,117	0	For
FENIMORE ASSET MANAGEMENT TRUST	1,129,900	0	For
Hartford	1,078,338	0	For
NICHOLAS FUND, INC.	1,005,000	0	For
FRANKLIN STRATEGIC SERIES	982,147	0	For
Goldman Sachs	899,351	0	For
WisdomTree	700,259	0	For
Jackson National	667,131	0	For
Advisors' Inner Circle Fund II	636,000	0	For

Showing the 25 largest of 165 asset managers. See all 165 in the interactive database.

3. Elect Director: Daniel L. Johnson

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 455,916,494AGAINST: 11,624,660

Details: description as filed, official tally, votes by 165 asset managers

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

FASTENAL CO.’s own tally for this item (“Elect Director: Daniel L. Johnson”): 455,916,494 for, 11,624,660 against, per its Form 8-K filed April 25, 2025 (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 165 asset managers below reported 185,077,391 for, 64,161 against, 74,816 abstained.

FOR

FOR: 185,077,391AGAINST: 64,161ABSTAIN: 74,816

Largest asset managers voting on “Election of Directors: Daniel L. Johnson” at FASTENAL CO., 2024-2025
Asset manager	For	Against	Vote
Vanguard	70,075,629	0	For
BlackRock	20,628,819	0	For
Charles Schwab	18,601,950	0	For
Fidelity	15,783,246	0	For
State Street	7,153,138	0	For
Principal	4,468,697	96	For
Global X	4,019,133	0	For
Invesco	3,471,586	0	For
Thrivent	3,462,313	0	For
ProShares	3,031,944	0	For
Dimensional	2,610,204	0	For
Franklin Custodian Funds	2,502,937	0	For
Waddell & Reed	2,233,325	0	For
TRUST FOR PROFESSIONAL MANAGERS	1,837,370	0	For
First Trust	1,725,731	0	For
TIAA	1,416,540	0	For
T. Rowe Price	1,343,117	0	For
FENIMORE ASSET MANAGEMENT TRUST	1,129,900	0	For
Hartford	1,078,338	0	For
NICHOLAS FUND, INC.	1,005,000	0	For
FRANKLIN STRATEGIC SERIES	982,147	0	For
Goldman Sachs	899,351	0	For
WisdomTree	700,259	0	For
Jackson National	667,131	0	For
Advisors' Inner Circle Fund II	636,000	0	For

Showing the 25 largest of 165 asset managers. See all 165 in the interactive database.

4. Elect Director: Hsenghung Sam Hsu

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 456,510,105AGAINST: 11,050,088

Details: description as filed, official tally, votes by 165 asset managers

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

FASTENAL CO.’s own tally for this item (“Elect Director: Hsenghung Sam Hsu”): 456,510,105 for, 11,050,088 against, per its Form 8-K filed April 25, 2025 (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 165 asset managers below reported 185,011,772 for, 129,780 against, 74,816 abstained.

FOR

FOR: 185,011,772AGAINST: 129,780ABSTAIN: 74,816

Largest asset managers voting on “Election of Directors: Hsenghung Sam Hsu” at FASTENAL CO., 2024-2025
Asset manager	For	Against	Vote
Vanguard	70,075,629	0	For
BlackRock	20,628,819	0	For
Charles Schwab	18,601,950	0	For
Fidelity	15,783,246	0	For
State Street	7,153,138	0	For
Principal	4,468,697	96	For
Global X	4,019,133	0	For
Invesco	3,471,586	0	For
Thrivent	3,462,313	0	For
ProShares	3,031,944	0	For
Dimensional	2,610,204	0	For
Franklin Custodian Funds	2,502,937	0	For
Waddell & Reed	2,233,325	0	For
TRUST FOR PROFESSIONAL MANAGERS	1,837,370	0	For
First Trust	1,725,731	0	For
TIAA	1,416,540	0	For
T. Rowe Price	1,343,117	0	For
FENIMORE ASSET MANAGEMENT TRUST	1,129,900	0	For
Hartford	1,078,338	0	For
NICHOLAS FUND, INC.	1,005,000	0	For
FRANKLIN STRATEGIC SERIES	982,147	0	For
Goldman Sachs	899,351	0	For
WisdomTree	700,259	0	For
Jackson National	667,131	0	For
Advisors' Inner Circle Fund II	636,000	0	For

Showing the 25 largest of 165 asset managers. See all 165 in the interactive database.

5. Elect Director: Irene A. Quarshie

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 456,595,120AGAINST: 10,989,357

Details: description as filed, official tally, votes by 165 asset managers

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

FASTENAL CO.’s own tally for this item (“Elect Director: Irene A. Quarshie”): 456,595,120 for, 10,989,357 against, per its Form 8-K filed April 25, 2025 (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 165 asset managers below reported 185,074,630 for, 66,922 against, 74,816 abstained.

FOR

FOR: 185,074,630AGAINST: 66,922ABSTAIN: 74,816

Largest asset managers voting on “Election of Directors: Irene A. Quarshie” at FASTENAL CO., 2024-2025
Asset manager	For	Against	Vote
Vanguard	70,075,629	0	For
BlackRock	20,628,819	0	For
Charles Schwab	18,601,950	0	For
Fidelity	15,783,246	0	For
State Street	7,153,138	0	For
Principal	4,468,697	96	For
Global X	4,019,133	0	For
Invesco	3,471,586	0	For
Thrivent	3,462,313	0	For
ProShares	3,031,944	0	For
Dimensional	2,610,204	0	For
Franklin Custodian Funds	2,502,937	0	For
Waddell & Reed	2,233,325	0	For
TRUST FOR PROFESSIONAL MANAGERS	1,837,370	0	For
First Trust	1,725,731	0	For
TIAA	1,416,540	0	For
T. Rowe Price	1,343,117	0	For
FENIMORE ASSET MANAGEMENT TRUST	1,129,900	0	For
Hartford	1,078,338	0	For
NICHOLAS FUND, INC.	1,005,000	0	For
FRANKLIN STRATEGIC SERIES	982,147	0	For
Goldman Sachs	899,351	0	For
WisdomTree	700,259	0	For
Jackson National	667,131	0	For
Advisors' Inner Circle Fund II	636,000	0	For

Showing the 25 largest of 165 asset managers. See all 165 in the interactive database.

6. Elect Director: Michael J. Ancius

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%

FOR: 436,761,725AGAINST: 30,993,056

Details: description as filed, official tally, votes by 165 asset managers

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

FASTENAL CO.’s own tally for this item (“Elect Director: Michael J. Ancius”): 436,761,725 for, 30,993,056 against, per its Form 8-K filed April 25, 2025 (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 165 asset managers below reported 184,602,470 for, 539,081 against, 74,816 abstained.

FOR

FOR: 184,602,470AGAINST: 539,081ABSTAIN: 74,816

Largest asset managers voting on “Election of Directors: Michael J. Ancius” at FASTENAL CO., 2024-2025
Asset manager	For	Against	Vote
Vanguard	70,075,629	0	For
BlackRock	20,628,819	0	For
Charles Schwab	18,601,950	0	For
Fidelity	15,783,246	0	For
State Street	7,152,828	310	For
Principal	4,468,793	0	For
Global X	4,019,133	0	For
Invesco	3,471,586	0	For
Thrivent	3,462,313	0	For
ProShares	3,031,944	0	For
Dimensional	2,610,204	0	For
Franklin Custodian Funds	2,502,937	0	For
Waddell & Reed	2,233,325	0	For
TRUST FOR PROFESSIONAL MANAGERS	1,837,370	0	For
First Trust	1,725,731	0	For
TIAA	1,416,540	0	For
T. Rowe Price	1,343,117	0	For
FENIMORE ASSET MANAGEMENT TRUST	1,129,900	0	For
Hartford	1,078,338	0	For
NICHOLAS FUND, INC.	1,005,000	0	For
FRANKLIN STRATEGIC SERIES	982,147	0	For
Goldman Sachs	899,351	0	For
WisdomTree	700,259	0	For
Jackson National	667,131	0	For
Advisors' Inner Circle Fund II	636,000	0	For

Showing the 25 largest of 165 asset managers. See all 165 in the interactive database.

7. Elect Director: Reyne K. Wisecup

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 455,984,313AGAINST: 11,867,384

Details: description as filed, official tally, votes by 165 asset managers

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

FASTENAL CO.’s own tally for this item (“Elect Director: Reyne K. Wisecup”): 455,984,313 for, 11,867,384 against, per its Form 8-K filed April 25, 2025 (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 165 asset managers below reported 185,122,845 for, 18,707 against, 74,816 abstained.

FOR

FOR: 185,122,845AGAINST: 18,707ABSTAIN: 74,816

Largest asset managers voting on “Election of Directors: Reyne K. Wisecup” at FASTENAL CO., 2024-2025
Asset manager	For	Against	Vote
Vanguard	70,075,629	0	For
BlackRock	20,628,819	0	For
Charles Schwab	18,601,950	0	For
Fidelity	15,783,246	0	For
State Street	7,153,062	76	For
Principal	4,468,793	0	For
Global X	4,019,133	0	For
Invesco	3,471,586	0	For
Thrivent	3,462,313	0	For
ProShares	3,031,944	0	For
Dimensional	2,610,204	0	For
Franklin Custodian Funds	2,502,937	0	For
Waddell & Reed	2,233,325	0	For
TRUST FOR PROFESSIONAL MANAGERS	1,837,370	0	For
First Trust	1,725,731	0	For
TIAA	1,416,540	0	For
T. Rowe Price	1,343,117	0	For
FENIMORE ASSET MANAGEMENT TRUST	1,129,900	0	For
Hartford	1,078,338	0	For
NICHOLAS FUND, INC.	1,005,000	0	For
FRANKLIN STRATEGIC SERIES	982,147	0	For
Goldman Sachs	899,351	0	For
WisdomTree	700,259	0	For
Jackson National	667,131	0	For
Advisors' Inner Circle Fund II	636,000	0	For

Showing the 25 largest of 165 asset managers. See all 165 in the interactive database.

8. Elect Director: Rita J. Heise

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%

FOR: 434,065,072AGAINST: 33,524,708

Details: description as filed, official tally, votes by 165 asset managers

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

FASTENAL CO.’s own tally for this item (“Elect Director: Rita J. Heise”): 434,065,072 for, 33,524,708 against, per its Form 8-K filed April 25, 2025 (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 165 asset managers below reported 184,631,529 for, 510,022 against, 74,816 abstained.

FOR

FOR: 184,631,529AGAINST: 510,022ABSTAIN: 74,816

Largest asset managers voting on “Election of Directors: Rita J. Heise” at FASTENAL CO., 2024-2025
Asset manager	For	Against	Vote
Vanguard	70,075,629	0	For
BlackRock	20,628,819	0	For
Charles Schwab	18,601,950	0	For
Fidelity	15,783,246	0	For
State Street	7,152,828	310	For
Principal	4,468,697	96	For
Global X	4,019,133	0	For
Invesco	3,471,586	0	For
Thrivent	3,462,313	0	For
ProShares	3,031,944	0	For
Dimensional	2,610,204	0	For
Franklin Custodian Funds	2,502,937	0	For
Waddell & Reed	2,233,325	0	For
TRUST FOR PROFESSIONAL MANAGERS	1,837,370	0	For
First Trust	1,725,731	0	For
TIAA	1,416,540	0	For
T. Rowe Price	1,343,117	0	For
FENIMORE ASSET MANAGEMENT TRUST	1,129,900	0	For
Hartford	1,078,338	0	For
NICHOLAS FUND, INC.	1,005,000	0	For
FRANKLIN STRATEGIC SERIES	982,147	0	For
Goldman Sachs	899,351	0	For
WisdomTree	700,259	0	For
Jackson National	667,131	0	For
Advisors' Inner Circle Fund II	636,000	0	For

Showing the 25 largest of 165 asset managers. See all 165 in the interactive database.

9. Elect Director: Sarah N. Nielsen

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%

FOR: 461,257,653AGAINST: 6,564,344

Details: description as filed, official tally, votes by 165 asset managers

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

FASTENAL CO.’s own tally for this item (“Elect Director: Sarah N. Nielsen”): 461,257,653 for, 6,564,344 against, per its Form 8-K filed April 25, 2025 (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 165 asset managers below reported 185,125,802 for, 15,750 against, 74,816 abstained.

FOR

FOR: 185,125,802AGAINST: 15,750ABSTAIN: 74,816

Largest asset managers voting on “Election of Directors: Sarah N. Nielsen” at FASTENAL CO., 2024-2025
Asset manager	For	Vote
Vanguard	70,075,629	For
BlackRock	20,628,819	For
Charles Schwab	18,601,950	For
Fidelity	15,783,246	For
State Street	7,153,138	For
Principal	4,468,793	For
Global X	4,019,133	For
Invesco	3,471,586	For
Thrivent	3,462,313	For
ProShares	3,031,944	For
Dimensional	2,610,204	For
Franklin Custodian Funds	2,502,937	For
Waddell & Reed	2,233,325	For
TRUST FOR PROFESSIONAL MANAGERS	1,837,370	For
First Trust	1,725,731	For
TIAA	1,416,540	For
T. Rowe Price	1,343,117	For
FENIMORE ASSET MANAGEMENT TRUST	1,129,900	For
Hartford	1,078,338	For
NICHOLAS FUND, INC.	1,005,000	For
FRANKLIN STRATEGIC SERIES	982,147	For
Goldman Sachs	899,351	For
WisdomTree	700,259	For
Jackson National	667,131	For
Advisors' Inner Circle Fund II	636,000	For

Showing the 25 largest of 165 asset managers. See all 165 in the interactive database.

10. Elect Director: Scott A. Satterlee

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 454,393,652AGAINST: 13,351,624

Details: description as filed, official tally, votes by 165 asset managers

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

FASTENAL CO.’s own tally for this item (“Elect Director: Scott A. Satterlee”): 454,393,652 for, 13,351,624 against, per its Form 8-K filed April 25, 2025 (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 165 asset managers below reported 184,967,903 for, 173,649 against, 74,816 abstained.

FOR

FOR: 184,967,903AGAINST: 173,649ABSTAIN: 74,816

Largest asset managers voting on “Election of Directors: Scott A. Satterlee” at FASTENAL CO., 2024-2025
Asset manager	For	Against	Vote
Vanguard	70,075,629	0	For
BlackRock	20,628,819	0	For
Charles Schwab	18,601,950	0	For
Fidelity	15,783,246	0	For
State Street	7,153,062	76	For
Principal	4,468,793	0	For
Global X	4,005,800	13,333	For
Invesco	3,471,586	0	For
Thrivent	3,462,313	0	For
ProShares	3,031,944	0	For
Dimensional	2,610,204	0	For
Franklin Custodian Funds	2,502,937	0	For
Waddell & Reed	2,233,325	0	For
TRUST FOR PROFESSIONAL MANAGERS	1,837,370	0	For
First Trust	1,725,731	0	For
TIAA	1,416,540	0	For
T. Rowe Price	1,343,117	0	For
FENIMORE ASSET MANAGEMENT TRUST	1,129,900	0	For
Hartford	1,078,338	0	For
NICHOLAS FUND, INC.	1,005,000	0	For
FRANKLIN STRATEGIC SERIES	982,147	0	For
Goldman Sachs	899,351	0	For
WisdomTree	700,259	0	For
Jackson National	667,131	0	For
Advisors' Inner Circle Fund II	636,000	0	For

Showing the 25 largest of 165 asset managers. See all 165 in the interactive database.

11. Elect Director: Stephen L. Eastman

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 5 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%

FOR: 434,426,653AGAINST: 33,121,194

Details: description as filed, official tally, votes by 165 asset managers

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

FASTENAL CO.’s own tally for this item (“Elect Director: Stephen L. Eastman”): 434,426,653 for, 33,121,194 against, per its Form 8-K filed April 25, 2025 (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 165 asset managers below reported 176,311,098 for, 8,830,454 against, 74,816 abstained.

FOR

FOR: 176,311,098AGAINST: 8,830,454ABSTAIN: 74,816

Largest asset managers voting on “Election of Directors: Stephen L. Eastman” at FASTENAL CO., 2024-2025
Asset manager	For	Against	Vote
Vanguard	70,075,629	0	For
BlackRock	20,622,586	6,233	For
Charles Schwab	18,601,950	0	For
Fidelity	15,783,246	0	For
State Street	7,153,138	0	For
Principal	4,468,613	180	For
Global X	0	4,019,133	Against
Invesco	3,471,586	0	For
Thrivent	3,462,313	0	For
ProShares	3,031,944	0	For
Dimensional	2,610,204	0	For
Franklin Custodian Funds	0	2,502,937	Against
Waddell & Reed	2,233,325	0	For
TRUST FOR PROFESSIONAL MANAGERS	1,837,370	0	For
First Trust	1,725,731	0	For
TIAA	1,416,540	0	For
T. Rowe Price	1,343,117	0	For
FENIMORE ASSET MANAGEMENT TRUST	1,129,900	0	For
Hartford	1,077,559	779	For
NICHOLAS FUND, INC.	1,005,000	0	For
FRANKLIN STRATEGIC SERIES	0	982,147	Against
Goldman Sachs	899,351	0	For
WisdomTree	700,259	0	For
Jackson National	667,131	0	For
Advisors' Inner Circle Fund II	636,000	0	For

Showing the 25 largest of 165 asset managers. See all 165 in the interactive database.

12. 3. An advisory vote on a non-binding resolution to approve the compensation of the Company's named executive officers…

Official result Fund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 22 wordings of this item as funds reported it.

94% Approved · of votes cast

FOR 94%

FOR: 438,459,188AGAINST: 28,537,462

Details: description as filed, official tally, votes by 955 asset managers

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”): 438,459,188 for, 28,537,462 against — passed, per its Form 8-K filed April 25, 2025 (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: 94% 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: 163 asset managers voting on “Approval, by non-binding vote, of executive compensation.” at FASTENAL CO., 2024-2025
Asset manager	For	Against	Vote
Vanguard	70,075,629	0	For
BlackRock	20,628,819	0	For
Charles Schwab	18,601,950	0	For
Fidelity	15,783,246	0	For
State Street	7,153,138	0	For
Principal	4,468,793	0	For
Global X	4,005,800	13,333	For
Invesco	3,471,586	0	For
Thrivent	3,462,313	0	For
ProShares	3,031,944	0	For
Dimensional	2,610,204	0	For
Franklin Custodian Funds	2,502,937	0	For
Waddell & Reed	2,233,325	0	For
TRUST FOR PROFESSIONAL MANAGERS	1,837,370	0	For
First Trust	1,725,731	0	For
TIAA	1,416,540	0	For
T. Rowe Price	1,343,117	0	For
FENIMORE ASSET MANAGEMENT TRUST	1,129,900	0	For
Hartford	1,077,559	779	For
NICHOLAS FUND, INC.	1,005,000	0	For
FRANKLIN STRATEGIC SERIES	982,147	0	For
Goldman Sachs	899,351	0	For
WisdomTree	700,259	0	For
Jackson National	667,131	0	For
Advisors' Inner Circle Fund II	636,000	0	For

Fund voting reports, all 163 managers: 184,835,382 for, 132,531 against, 54,197 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 823 asset managers voting on “Approval, by non-binding vote, of executive compensation.” at FASTENAL CO., 2024-2025
Asset manager	For	Against	Vote
Charles Schwab	21,544,336	0	For
GEODE CAPITAL MANAGEMENT, LLC	17,109,460	0	For
State Street	16,907,459	0	For
BlackRock	13,104,444	9,675	For
Walter Scott & Partners Ltd	9,499,739	0	For
Baird	8,128,849	0	For
PRINCIPAL GLOBAL INVESTORS	5,997,791	0	For
Invesco	5,912,436	0	For
Northern Trust	5,670,676	0	For
ENVESTNET ASSET MANAGEMENT INC	4,333,435	0	For
CANTILLON CAPITAL MANAGEMENT LLC	3,986,768	0	For
Legal & General Investment Management Ltd	92,447	3,851,821	Against
FRANKLIN ADVISERS INC	3,876,096	0	For
T. Rowe Price	3,870,954	0	For
Vanguard	3,806,056	0	For
Thrivent	3,544,541	0	For
MACQUARIE INVESTMENT MANAGEMENT BUSINESS TRUST	3,029,282	0	For
PARAMETRIC PORTFOLIO ASSOCIATES LLC	2,849,137	0	For
USS Investment Management Ltd	0	2,840,798	Against
UBS	0	2,745,589	Against
PROVIDENT TRUST CO	2,692,820	0	For
LONDON CO OF VIRGINIA	2,645,621	0	For
Goldman Sachs	2,231,220	0	For
CONFLUENCE INVESTMENT MANAGEMENT LLC	2,194,796	0	For
BLAIR WILLIAM & CO/IL	2,078,487	0	For

Institutional-manager reports, all 823 managers: 222,081,509 for, 20,660,719 against, 88,543 abstained, 85,402 not voted, 3,100 unknown. Showing the 25 largest; see all in the interactive database.

13. 2. Ratification of appointment of independent registered public accounting firm for the fiscal year ending December 31…

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 6 wordings of this item as funds reported it.

99.2% Approved · of votes cast

FOR 99.2%

FOR: 517,474,948AGAINST: 4,106,483

Details: description as filed, official tally, votes by 165 asset managers

Description as filed by funds: Ratification of the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for the 2025 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, 2025”): 517,474,948 for, 4,106,483 against — passed, per its Form 8-K filed April 25, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Based on the votes set forth above, the selection of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025 was ratified by the Company's shareholders.”
Support: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 165 asset managers below reported 184,948,646 for, 56,564 against, 24,197 abstained.

FOR

FOR: 184,948,646AGAINST: 56,564ABSTAIN: 24,197

Largest asset managers voting on “Ratification of the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm” at FASTENAL CO., 2024-2025
Asset manager	For	Vote
Vanguard	70,075,629	For
BlackRock	20,628,819	For
Charles Schwab	18,601,950	For
Fidelity	15,783,246	For
State Street	7,153,138	For
Principal	4,468,793	For
Global X	4,019,133	For
Invesco	3,471,586	For
Thrivent	3,462,313	For
ProShares	3,031,944	For
Dimensional	2,610,204	For
Franklin Custodian Funds	2,502,937	For
Waddell & Reed	2,233,325	For
TRUST FOR PROFESSIONAL MANAGERS	1,837,370	For
First Trust	1,725,731	For
TIAA	1,416,540	For
T. Rowe Price	1,343,117	For
FENIMORE ASSET MANAGEMENT TRUST	1,129,900	For
Hartford	1,078,338	For
NICHOLAS FUND, INC.	1,005,000	For
FRANKLIN STRATEGIC SERIES	982,147	For
Goldman Sachs	899,351	For
WisdomTree	700,259	For
Jackson National	667,131	For
Advisors' Inner Circle Fund II	636,000	For

Showing the 25 largest of 165 asset managers. See all 165 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of April 25, 2024, which belongs to the 2023-2024 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest FASTENAL CO. shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 573,611,957 shares outstanding at the time of that meeting.

Fund voting reports: top FASTENAL CO. shareholders by shares voted on “Approval, by non-binding vote, of executive compensation.”, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	12.22%
2	BlackRock	3.60%
3	Charles Schwab	3.24%
4	Fidelity	2.75%
5	State Street	1.25%
6	Principal	0.78%
7	Global X	0.70%
8	Invesco	0.61%
9	Thrivent	0.60%
10	ProShares	0.53%

Institutional-manager reports: top FASTENAL CO. shareholders by shares voted on “Approval, by non-binding vote, of executive compensation.”, 2024-2025
#	Asset manager	% of shares outstanding
1	Charles Schwab	3.76%
2	GEODE CAPITAL MANAGEMENT, LLC	2.98%
3	State Street	2.95%
4	BlackRock	2.29%
5	Walter Scott & Partners Ltd	1.66%
6	Baird	1.42%
7	PRINCIPAL GLOBAL INVESTORS	1.05%
8	Invesco	1.03%
9	Northern Trust	0.99%
10	ENVESTNET ASSET MANAGEMENT INC	0.76%

Reported FASTENAL CO. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

FASTENAL CO. holdings and ownership disclosed for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	12.78%	13F
Vanguard Blvd.	12.26%	DEF14A
BlackRock	8.44%	13F
Hudson Yards	8.03%	DEF14A
State Street	4.74%	13F
BNY Mellon	3.23%	13F
Geode Capital	3.08%	13F
Morgan Stanley	1.97%	13F
Northern Trust	1.24%	13F
Norges Bank	1.18%	13F

Percentages above are of 573,611,957 shares outstanding, as reported by FASTENAL CO. on its Form 10-Q dated March 31, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from FASTENAL CO.’s 10-Q dated March 31, 2025. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.

At FASTENAL CO.'s shareholder meeting held April 24, 2025, in the 2024-2025 proxy season, 961 asset managers reported how they voted on 13 ballot items in their SEC Form N-PX filings, covering 10,929 separate fund positions. On the most widely held item on that ballot — Approval, by non-binding vote, of executive compensation. — FASTENAL CO.'s filing reports the proposal as approved, with 94% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: FASTENAL CO.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on April 25, 2025.

FASTENAL CO. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

Download data (CSV): ballot items · votes by manager · column guide.