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FASTENAL CO. 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and FASTENAL CO.’s Form 8-K (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 18Reported items
  • 909Asset managers
  • 13,434Fund votes
  • 2024-04-25Meeting date

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

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

Official 2023-2024 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 (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 2024-04-25
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Scott A. Satterlee 447,133,15716,028,0681,938,583 ---- Majority: yes
Elect Director: Michael J. Ancius 429,521,78034,784,514793,514 ---- Majority: yes
Elect Director: Stephen L. Eastman 447,841,79016,345,840912,178 ---- Majority: yes
Elect Director: Daniel L. Florness 458,947,1505,458,497694,161 ---- Majority: yes
Elect Director: Rita J. Heise 429,070,26835,107,328922,212 ---- Majority: yes
Elect Director: Hsenghung Sam Hsu 457,893,0936,452,355754,360 ---- Majority: yes
Elect Director: Daniel L. Johnson 454,868,7489,178,7951,052,265 ---- Majority: yes
Elect Director: Nicholas J. Lundquist 454,992,8649,191,012915,932 ---- Majority: yes
Elect Director: Sarah N. Nielsen 460,077,7544,245,330776,724 ---- Majority: yes
Elect Director: Irene A. Quarshie 462,989,7161,325,836784,256 ---- Majority: yes
Elect Director: Reyne K. Wisecup 453,617,98410,722,807759,017 ---- Majority: yes
There were 55,919,681 broker non-votes. 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. 486,091,15231,207,3653,720,972 ---- Majority: yes
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. • Proposal #3 – An advisor 430,001,43133,753,1351,345,242 ---- Majority: yes
There were 55,919,681 broker non-votes. 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. 461,340,3762,320,4691,438,963 ---- Majority: yes
There were 55,919,681 broker non-votes. 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 intere 188,934,885271,122,2605,042,663 ---- Majority: no

This meeting is also recorded here as 2024-04-26; both records come from the same filing, so the date should be checked against it.

Source: FASTENAL CO., Form 8-K — read the filing on EDGAR.

How asset managers voted at the FASTENAL CO. 2023-2024 meeting

Each item below shows how the 909 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. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of FASTENAL CO.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Approval, by non-binding vote, of executive compensation.

COMPENSATIONMajority of the votes cast: yes

Combines 21 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 461,340,376AGAINST: 2,320,469

FASTENAL CO.’s own tally for this item (“There were 55,919,681 broker non-votes. 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'”): 461,340,376 for, 2,320,469 against, per its Form 8-K (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. Of all 572,525,495 outstanding shares: 81% for, 0.5% against (81% of the company cast a for/against vote).

The 892 asset managers below cast 95% of the shares they voted on this item FOR. Fund share totals are not shown for this item: fund-reported shares overlap across filings (an adviser and the funds it manages can each report the same shares), and here their sum exceeds the total votes cast at the meeting.

FOR 95%
FOR: 94.9%AGAINST: 4.9%ABSTAIN: 0.0%UNKNOWN: 0.2%NOT VOTED: 0.0%
Largest asset managers voting on “Approval, by non-binding vote, of executive compensation.” at FASTENAL CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
MCDONALD CAPITAL INVESTORS INC/CA107,278,3830 00For
Vanguard71,174,7250 00For
BlackRock35,727,7494,187 00For
Charles Schwab26,169,9150 00For
State Street22,885,0980 00For
Fidelity16,320,1220 00For
GEODE CAPITAL MANAGEMENT, LLC15,053,5300 00For
Walter Scott & Partners Ltd11,124,5630 00For
Invesco11,095,5570 00For
Baird8,250,0100 00For
Thrivent7,962,9760 00For
PRINCIPAL GLOBAL INVESTORS6,961,6120 00For
Principal5,576,3960 00For
CANTILLON CAPITAL MANAGEMENT LLC4,408,0460 00For
FRANKLIN ADVISERS INC4,394,1590 00For
ENVESTNET ASSET MANAGEMENT INC4,340,8620 00For
Northern Trust4,308,34927,591 00For
Goldman Sachs3,826,8110 00For
LONDON CO OF VIRGINIA3,753,2530 00For
Legal & General Investment Management Ltd03,541,564 00Against
CONFLUENCE INVESTMENT MANAGEMENT LLC3,195,7770 00For
ProShares3,179,7050 00For
Franklin Custodian Funds2,955,3130 00For
Dimensional2,925,7400 00For
Global X2,908,44515,130 00For

Showing the 25 largest of 892 asset managers. See all 892 in the interactive database.

2. Ratification of the appointment of KPMG LLP as independent registered public accounting firm for the 2024 fiscal year.

AUDIT-RELATEDAUDIT-RELATEDAUDIT-RELATEDAUDIT-RELATEDMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%7%
FOR: 430,001,431AGAINST: 33,753,135

FASTENAL CO.’s own tally for this item (“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. • Prop”): 430,001,431 for, 33,753,135 against, per its Form 8-K (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. Of all 572,525,495 outstanding shares: 75% for, 6% against (81% of the company cast a for/against vote).

The 167 asset managers below cast 99.8% of the shares they voted on this item FOR (175,939,876 for, 283,319 against).

FOR 99.8%
FOR: 175,939,876 (99.8%)AGAINST: 283,319 (0.2%)ABSTAIN: 35,529 (0.0%)
Largest asset managers voting on “Ratification of the appointment of KPMG LLP as independent registered public accounting firm for the 2024 fisc” at FASTENAL CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard68,570,3790 00For
BlackRock18,859,0870 00For
Fidelity14,402,0990 00For
Charles Schwab12,412,5230 00For
State Street6,515,552624 00For
Principal5,576,3960 00For
Invesco4,517,0120 00For
Thrivent3,940,6510 00For
ProShares3,179,7050 00For
Franklin Custodian Funds2,955,3130 00For
Global X2,917,99995 00For
Dimensional2,296,0730 00For
First Trust2,106,5640 00For
TRUST FOR PROFESSIONAL MANAGERS2,072,6410 00For
Waddell & Reed1,998,7110 00For
TIAA1,944,5350 00For
Victory Capital1,295,8160 00For
FENIMORE ASSET MANAGEMENT TRUST1,129,9000 00For
NICHOLAS FUND, INC.1,005,0000 00For
FRANKLIN STRATEGIC SERIES975,8000 00For
MASTER INVESTMENT PORTFOLIO885,8220 00For
AMERICAN BEACON FUNDS831,6050 00For
Baird733,4680 00For
T. Rowe Price715,2180 00For
Goldman Sachs715,0710 00For

Showing the 25 largest of 167 asset managers. See all 167 in the interactive database.

3. Election of Directors: Daniel L. Florness

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 458,947,150AGAINST: 5,458,497

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 (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. Of all 572,525,495 outstanding shares: 80% for, 1.0% against (81% of the company cast a for/against vote).

The 166 asset managers below cast 99.8% of the shares they voted on this item FOR (175,953,098 for, 232,781 against).

FOR 99.8%
FOR: 175,953,098 (99.8%)AGAINST: 232,781 (0.1%)ABSTAIN: 76,575 (0.0%)
Largest asset managers voting on “Election of Directors: Daniel L. Florness” at FASTENAL CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard68,570,3790 00For
BlackRock18,857,6581,429 00For
Fidelity14,402,0990 00For
Charles Schwab12,412,5230 00For
State Street6,515,0131,163 00For
Principal5,576,3960 00For
Invesco4,517,0120 00For
Thrivent3,940,6510 00For
ProShares3,179,7050 00For
Franklin Custodian Funds2,955,3130 00For
Global X2,918,0940 00For
Dimensional2,296,0730 00For
First Trust2,106,5640 00For
TRUST FOR PROFESSIONAL MANAGERS2,072,6410 00For
Waddell & Reed1,998,7110 00For
TIAA1,944,5350 00For
Victory Capital1,295,8160 00For
FENIMORE ASSET MANAGEMENT TRUST1,129,9000 00For
NICHOLAS FUND, INC.1,005,0000 00For
FRANKLIN STRATEGIC SERIES975,8000 00For
MASTER INVESTMENT PORTFOLIO885,8220 00For
AMERICAN BEACON FUNDS831,6050 00For
Baird733,4680 00For
T. Rowe Price715,2180 00For
Goldman Sachs715,0710 00For

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

4. Election of Directors: Daniel L. Johnson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 454,868,748AGAINST: 9,178,795

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 (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. Of all 572,525,495 outstanding shares: 79% for, 2% against (81% of the company cast a for/against vote).

The 166 asset managers below cast 99.8% of the shares they voted on this item FOR (175,957,821 for, 228,057 against).

FOR 99.8%
FOR: 175,957,821 (99.8%)AGAINST: 228,057 (0.1%)ABSTAIN: 76,575 (0.0%)
Largest asset managers voting on “Election of Directors: Daniel L. Johnson” at FASTENAL CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard68,570,3790 00For
BlackRock18,854,9004,187 00For
Fidelity14,402,0990 00For
Charles Schwab12,412,5230 00For
State Street6,515,1051,071 00For
Principal5,576,3960 00For
Invesco4,517,0120 00For
Thrivent3,940,6510 00For
ProShares3,179,7050 00For
Franklin Custodian Funds2,955,3130 00For
Global X2,918,0940 00For
Dimensional2,296,0730 00For
First Trust2,106,5640 00For
TRUST FOR PROFESSIONAL MANAGERS2,072,6410 00For
Waddell & Reed1,998,7110 00For
TIAA1,944,5350 00For
Victory Capital1,295,8160 00For
FENIMORE ASSET MANAGEMENT TRUST1,129,9000 00For
NICHOLAS FUND, INC.1,005,0000 00For
FRANKLIN STRATEGIC SERIES975,8000 00For
MASTER INVESTMENT PORTFOLIO885,8220 00For
AMERICAN BEACON FUNDS831,6050 00For
Baird733,4680 00For
T. Rowe Price715,2180 00For
Goldman Sachs715,0710 00For

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

5. Election of Directors: Hsenghung Sam Hsu

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 457,893,093AGAINST: 6,452,355

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 (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. Of all 572,525,495 outstanding shares: 80% for, 1% against (81% of the company cast a for/against vote).

The 166 asset managers below cast 99.9% of the shares they voted on this item FOR (176,027,771 for, 158,107 against).

FOR 99.8%
FOR: 176,027,771 (99.9%)AGAINST: 158,107 (0.1%)ABSTAIN: 76,575 (0.0%)
Largest asset managers voting on “Election of Directors: Hsenghung Sam Hsu” at FASTENAL CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard68,570,3790 00For
BlackRock18,854,9004,187 00For
Fidelity14,402,0990 00For
Charles Schwab12,412,5230 00For
State Street6,515,1051,071 00For
Principal5,576,3960 00For
Invesco4,517,0120 00For
Thrivent3,940,6510 00For
ProShares3,179,7050 00For
Franklin Custodian Funds2,955,3130 00For
Global X2,918,0940 00For
Dimensional2,296,0730 00For
First Trust2,106,5640 00For
TRUST FOR PROFESSIONAL MANAGERS2,072,6410 00For
Waddell & Reed1,998,7110 00For
TIAA1,944,5350 00For
Victory Capital1,295,8160 00For
FENIMORE ASSET MANAGEMENT TRUST1,129,9000 00For
NICHOLAS FUND, INC.1,005,0000 00For
FRANKLIN STRATEGIC SERIES975,8000 00For
MASTER INVESTMENT PORTFOLIO885,8220 00For
AMERICAN BEACON FUNDS831,6050 00For
Baird733,4680 00For
T. Rowe Price715,2180 00For
Goldman Sachs715,0710 00For

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

6. Election of Directors: Irene A. Quarshie

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 7 wordings of this item as funds reported it.

99.7% Majority: yes · of votes cast

FOR 99.7%
FOR: 462,989,716AGAINST: 1,325,836

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 (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. Of all 572,525,495 outstanding shares: 81% for, 0.3% against (81% of the company cast a for/against vote).

The 166 asset managers below cast 99.9% of the shares they voted on this item FOR (176,151,011 for, 34,867 against).

FOR 99.9%
FOR: 176,151,011 (99.9%)AGAINST: 34,867 (0.0%)ABSTAIN: 76,575 (0.0%)
Largest asset managers voting on “Election of Directors: Irene A. Quarshie” at FASTENAL CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard68,570,3790 00For
BlackRock18,859,0870 00For
Fidelity14,402,0990 00For
Charles Schwab12,412,5230 00For
State Street6,516,1760 00For
Principal5,576,3960 00For
Invesco4,517,0120 00For
Thrivent3,940,6510 00For
ProShares3,179,7050 00For
Franklin Custodian Funds2,955,3130 00For
Global X2,918,0940 00For
Dimensional2,296,0730 00For
First Trust2,106,5640 00For
TRUST FOR PROFESSIONAL MANAGERS2,072,6410 00For
Waddell & Reed1,998,7110 00For
TIAA1,944,5350 00For
Victory Capital1,295,8160 00For
FENIMORE ASSET MANAGEMENT TRUST1,129,9000 00For
NICHOLAS FUND, INC.1,005,0000 00For
FRANKLIN STRATEGIC SERIES975,8000 00For
MASTER INVESTMENT PORTFOLIO885,8220 00For
AMERICAN BEACON FUNDS831,6050 00For
Baird733,4680 00For
T. Rowe Price715,2180 00For
Goldman Sachs715,0710 00For

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

7. Election of Directors: Michael J. Ancius

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 7 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%7%
FOR: 429,521,780AGAINST: 34,784,514

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 (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. Of all 572,525,495 outstanding shares: 75% for, 6% against (81% of the company cast a for/against vote).

The 166 asset managers below cast 99.6% of the shares they voted on this item FOR (175,539,142 for, 646,737 against).

FOR 99.5%
FOR: 175,539,142 (99.6%)AGAINST: 646,737 (0.4%)ABSTAIN: 76,575 (0.0%)
Largest asset managers voting on “Election of Directors: Michael J. Ancius” at FASTENAL CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard68,570,3790 00For
BlackRock18,857,6581,429 00For
Fidelity14,402,0990 00For
Charles Schwab12,412,5230 00For
State Street6,515,0131,163 00For
Principal5,576,3960 00For
Invesco4,517,0120 00For
Thrivent3,940,6510 00For
ProShares3,179,7050 00For
Franklin Custodian Funds2,955,3130 00For
Global X2,918,0940 00For
Dimensional2,296,0730 00For
First Trust2,106,5640 00For
TRUST FOR PROFESSIONAL MANAGERS2,072,6410 00For
Waddell & Reed1,998,7110 00For
TIAA1,944,5350 00For
Victory Capital1,295,8160 00For
FENIMORE ASSET MANAGEMENT TRUST1,129,9000 00For
NICHOLAS FUND, INC.1,005,0000 00For
FRANKLIN STRATEGIC SERIES975,8000 00For
MASTER INVESTMENT PORTFOLIO885,8220 00For
AMERICAN BEACON FUNDS831,6050 00For
Baird733,4680 00For
T. Rowe Price715,2180 00For
Goldman Sachs715,0710 00For

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

8. Election of Directors: Nicholas J. Lundquist

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 454,992,864AGAINST: 9,191,012

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 (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. Of all 572,525,495 outstanding shares: 79% for, 2% against (81% of the company cast a for/against vote).

The 166 asset managers below cast 99.8% of the shares they voted on this item FOR (175,952,903 for, 232,976 against).

FOR 99.8%
FOR: 175,952,903 (99.8%)AGAINST: 232,976 (0.1%)ABSTAIN: 76,575 (0.0%)
Largest asset managers voting on “Election of Directors: Nicholas J. Lundquist” at FASTENAL CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard68,570,3790 00For
BlackRock18,857,6581,429 00For
Fidelity14,402,0990 00For
Charles Schwab12,412,5230 00For
State Street6,515,0131,163 00For
Principal5,576,3960 00For
Invesco4,517,0120 00For
Thrivent3,940,6510 00For
ProShares3,179,7050 00For
Franklin Custodian Funds2,955,3130 00For
Global X2,918,0940 00For
Dimensional2,296,0730 00For
First Trust2,106,5640 00For
TRUST FOR PROFESSIONAL MANAGERS2,072,6410 00For
Waddell & Reed1,998,7110 00For
TIAA1,944,5350 00For
Victory Capital1,295,8160 00For
FENIMORE ASSET MANAGEMENT TRUST1,129,9000 00For
NICHOLAS FUND, INC.1,005,0000 00For
FRANKLIN STRATEGIC SERIES975,8000 00For
MASTER INVESTMENT PORTFOLIO885,8220 00For
AMERICAN BEACON FUNDS831,6050 00For
Baird733,4680 00For
T. Rowe Price715,2180 00For
Goldman Sachs715,0710 00For

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

9. Election of Directors: Reyne K. Wisecup

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 453,617,984AGAINST: 10,722,807

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 (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. Of all 572,525,495 outstanding shares: 79% for, 2% against (81% of the company cast a for/against vote).

The 166 asset managers below cast 99.8% of the shares they voted on this item FOR (175,952,903 for, 232,976 against).

FOR 99.8%
FOR: 175,952,903 (99.8%)AGAINST: 232,976 (0.1%)ABSTAIN: 76,575 (0.0%)
Largest asset managers voting on “Election of Directors: Reyne K. Wisecup” at FASTENAL CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard68,570,3790 00For
BlackRock18,857,6581,429 00For
Fidelity14,402,0990 00For
Charles Schwab12,412,5230 00For
State Street6,515,0131,163 00For
Principal5,576,3960 00For
Invesco4,517,0120 00For
Thrivent3,940,6510 00For
ProShares3,179,7050 00For
Franklin Custodian Funds2,955,3130 00For
Global X2,918,0940 00For
Dimensional2,296,0730 00For
First Trust2,106,5640 00For
TRUST FOR PROFESSIONAL MANAGERS2,072,6410 00For
Waddell & Reed1,998,7110 00For
TIAA1,944,5350 00For
Victory Capital1,295,8160 00For
FENIMORE ASSET MANAGEMENT TRUST1,129,9000 00For
NICHOLAS FUND, INC.1,005,0000 00For
FRANKLIN STRATEGIC SERIES975,8000 00For
MASTER INVESTMENT PORTFOLIO885,8220 00For
AMERICAN BEACON FUNDS831,6050 00For
Baird733,4680 00For
T. Rowe Price715,2180 00For
Goldman Sachs715,0710 00For

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

10. Election of Directors: Rita J. Heise

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 6 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%8%
FOR: 429,070,268AGAINST: 35,107,328

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 (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. Of all 572,525,495 outstanding shares: 75% for, 6% against (81% of the company cast a for/against vote).

The 166 asset managers below cast 96% of the shares they voted on this item FOR (169,068,309 for, 7,117,569 against).

FOR 96%
FOR: 169,068,309 (95.9%)AGAINST: 7,117,569 (4.0%)ABSTAIN: 76,575 (0.0%)
Largest asset managers voting on “Election of Directors: Rita J. Heise” at FASTENAL CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard68,570,3790 00For
BlackRock18,854,9004,187 00For
Fidelity14,402,0990 00For
Charles Schwab12,412,5230 00For
State Street7,7056,508,471 00Against
Principal5,576,3960 00For
Invesco4,517,0120 00For
Thrivent3,940,6510 00For
ProShares3,179,7050 00For
Franklin Custodian Funds2,955,3130 00For
Global X2,918,0940 00For
Dimensional2,296,0730 00For
First Trust2,106,5640 00For
TRUST FOR PROFESSIONAL MANAGERS2,072,6410 00For
Waddell & Reed1,998,7110 00For
TIAA1,944,5350 00For
Victory Capital1,295,8160 00For
FENIMORE ASSET MANAGEMENT TRUST1,129,9000 00For
NICHOLAS FUND, INC.1,005,0000 00For
FRANKLIN STRATEGIC SERIES975,8000 00For
MASTER INVESTMENT PORTFOLIO885,8220 00For
AMERICAN BEACON FUNDS831,6050 00For
Baird733,4680 00For
T. Rowe Price715,2180 00For
Goldman Sachs715,0710 00For

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

11. Election of Directors: Sarah N. Nielsen

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 7 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%
FOR: 460,077,754AGAINST: 4,245,330

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 (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. Of all 572,525,495 outstanding shares: 80% for, 0.8% against (81% of the company cast a for/against vote).

The 166 asset managers below cast 99.9% of the shares they voted on this item FOR (176,054,576 for, 131,302 against).

FOR 99.8%
FOR: 176,054,576 (99.9%)AGAINST: 131,302 (0.1%)ABSTAIN: 76,575 (0.0%)
Largest asset managers voting on “Election of Directors: Sarah N. Nielsen” at FASTENAL CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard68,570,3790 00For
BlackRock18,857,6581,429 00For
Fidelity14,402,0990 00For
Charles Schwab12,412,5230 00For
State Street6,515,638538 00For
Principal5,576,3960 00For
Invesco4,517,0120 00For
Thrivent3,940,6510 00For
ProShares3,179,7050 00For
Franklin Custodian Funds2,955,3130 00For
Global X2,918,0940 00For
Dimensional2,296,0730 00For
First Trust2,106,5640 00For
TRUST FOR PROFESSIONAL MANAGERS2,072,6410 00For
Waddell & Reed1,998,7110 00For
TIAA1,944,5350 00For
Victory Capital1,295,8160 00For
FENIMORE ASSET MANAGEMENT TRUST1,129,9000 00For
NICHOLAS FUND, INC.1,005,0000 00For
FRANKLIN STRATEGIC SERIES975,8000 00For
MASTER INVESTMENT PORTFOLIO885,8220 00For
AMERICAN BEACON FUNDS831,6050 00For
Baird733,4680 00For
T. Rowe Price715,2180 00For
Goldman Sachs715,0710 00For

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

12. Election of Directors: Scott A. Satterlee

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 7 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 447,133,157AGAINST: 16,028,068

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 (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. Of all 572,525,495 outstanding shares: 78% for, 3% against (81% of the company cast a for/against vote).

The 166 asset managers below cast 99.7% of the shares they voted on this item FOR (175,764,317 for, 421,562 against).

FOR 99.7%
FOR: 175,764,317 (99.7%)AGAINST: 421,562 (0.2%)ABSTAIN: 76,575 (0.0%)
Largest asset managers voting on “Election of Directors: Scott A. Satterlee” at FASTENAL CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard68,570,3790 00For
BlackRock18,857,6581,429 00For
Fidelity14,402,0990 00For
Charles Schwab12,412,5230 00For
State Street6,515,0131,163 00For
Principal5,576,3960 00For
Invesco4,517,0120 00For
Thrivent3,940,6510 00For
ProShares3,179,7050 00For
Franklin Custodian Funds2,955,3130 00For
Global X2,903,05915,035 00For
Dimensional2,296,0730 00For
First Trust2,106,5640 00For
TRUST FOR PROFESSIONAL MANAGERS2,072,6410 00For
Waddell & Reed1,998,7110 00For
TIAA1,944,5350 00For
Victory Capital1,295,8160 00For
FENIMORE ASSET MANAGEMENT TRUST1,129,9000 00For
NICHOLAS FUND, INC.1,005,0000 00For
FRANKLIN STRATEGIC SERIES975,8000 00For
MASTER INVESTMENT PORTFOLIO885,8220 00For
AMERICAN BEACON FUNDS831,6050 00For
Baird733,4680 00For
T. Rowe Price715,2180 00For
Goldman Sachs715,0710 00For

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

13. Election of Directors: Stephen L. Eastman

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 7 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 447,841,790AGAINST: 16,345,840

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 (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. Of all 572,525,495 outstanding shares: 78% for, 3% against (81% of the company cast a for/against vote).

The 166 asset managers below cast 99% of the shares they voted on this item FOR (173,701,868 for, 2,484,010 against).

FOR 99%
FOR: 173,701,868 (98.5%)AGAINST: 2,484,010 (1.4%)ABSTAIN: 76,575 (0.0%)
Largest asset managers voting on “Election of Directors: Stephen L. Eastman” at FASTENAL CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard68,570,3790 00For
BlackRock18,854,9004,187 00For
Fidelity14,402,0990 00For
Charles Schwab12,412,5230 00For
State Street6,515,1051,071 00For
Principal5,576,3960 00For
Invesco4,517,0120 00For
Thrivent3,940,6510 00For
ProShares3,179,7050 00For
Franklin Custodian Funds2,955,3130 00For
Global X2,902,96415,130 00For
Dimensional2,296,0730 00For
First Trust2,106,5640 00For
TRUST FOR PROFESSIONAL MANAGERS2,072,6410 00For
Waddell & Reed1,998,7110 00For
TIAA01,944,535 00Against
Victory Capital1,295,8160 00For
FENIMORE ASSET MANAGEMENT TRUST1,129,9000 00For
NICHOLAS FUND, INC.1,005,0000 00For
FRANKLIN STRATEGIC SERIES975,8000 00For
MASTER INVESTMENT PORTFOLIO885,8220 00For
AMERICAN BEACON FUNDS831,6050 00For
Baird733,4680 00For
T. Rowe Price715,2180 00For
Goldman Sachs715,0710 00For

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

14. Approval of an amendment to our Restated Articles of Incorporation to delete Article VI regarding supermajority approval of business combinations with certain interested parties.

CORPORATE GOVERNANCECORPORATE GOVERNANCECORPORATE GOVERNANCECORPORATE GOVERNANCEMajority of the votes cast: no

Combines 5 wordings of this item as funds reported it.

41% Majority: no · of votes cast

FOR 41%AGAINST 59%
FOR: 188,934,885AGAINST: 271,122,260

FASTENAL CO.’s own tally for this item (“There were 55,919,681 broker non-votes. 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”): 188,934,885 for, 271,122,260 against, per its Form 8-K (Item 5.07). FOR was not 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. Of all 572,525,495 outstanding shares: 33% for, 47.4% against (80% of the company cast a for/against vote).

The 163 asset managers below cast 99.9% of the shares they voted on this item FOR (176,078,066 for, 5,631 against).

FOR 99.9%
FOR: 176,078,066 (100.0%)AGAINST: 5,631 (0.0%)ABSTAIN: 18,000 (0.0%)
Largest asset managers voting on “Approval of an amendment to our Restated Articles of Incorporation to delete Article VI regarding supermajorit” at FASTENAL CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard68,570,3790 00For
BlackRock18,853,4565,631 00For
Fidelity14,402,0990 00For
Charles Schwab12,412,5230 00For
State Street6,516,1760 00For
Principal5,576,3960 00For
Invesco4,517,0120 00For
Thrivent3,940,6510 00For
ProShares3,179,7050 00For
Franklin Custodian Funds2,955,3130 00For
Global X2,918,0940 00For
Dimensional2,296,0730 00For
First Trust2,106,5640 00For
TRUST FOR PROFESSIONAL MANAGERS2,072,6410 00For
Waddell & Reed1,998,7110 00For
TIAA1,944,5350 00For
Victory Capital1,295,8160 00For
FENIMORE ASSET MANAGEMENT TRUST1,129,9000 00For
NICHOLAS FUND, INC.1,005,0000 00For
FRANKLIN STRATEGIC SERIES975,8000 00For
MASTER INVESTMENT PORTFOLIO885,8220 00For
AMERICAN BEACON FUNDS831,6050 00For
Baird733,4680 00For
T. Rowe Price715,2180 00For
Goldman Sachs715,0710 00For

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

15. The consideration of a shareholder proposal relating to simple majority vote, if properly presented at the annual meeting.

OTHER

Combines 4 wordings of this item as funds reported it.

33% fund support · no official result

FOR 33%AGAINST 67%

The 160 asset managers below cast 33% of the shares they voted on this item FOR (51,824,792 for, 104,475,962 against).

FOR: 51,824,792 (33.1%)AGAINST: 104,475,962 (66.8%)ABSTAIN: 50,579 (0.0%)
Largest asset managers voting on “The consideration of a shareholder proposal relating to simple majority vote, if properly presented at the ann” at FASTENAL CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard068,570,379 00Against
Fidelity14,290,561111,538 00For
Charles Schwab012,412,523 00Against
State Street6,1306,510,046 00Against
Principal5,402,704173,692 00For
Invesco4,517,0120 00For
Thrivent3,940,6510 00For
ProShares3,179,7050 00For
Franklin Custodian Funds02,955,313 00Against
Global X15,0352,903,059 00Against
Dimensional2,296,0730 00For
First Trust2,106,5640 00For
TRUST FOR PROFESSIONAL MANAGERS191,8411,880,800 00Against
Waddell & Reed1,998,7110 00For
TIAA01,944,535 00Against
Victory Capital1,295,8160 00For
FENIMORE ASSET MANAGEMENT TRUST01,129,900 00Against
NICHOLAS FUND, INC.1,005,0000 00For
FRANKLIN STRATEGIC SERIES0975,800 00Against
AMERICAN BEACON FUNDS106,383725,222 00Against
Baird733,4680 00For
T. Rowe Price715,2180 00For
Goldman Sachs715,0710 00For
Jackson National661,00210,452 00For
WisdomTree641,9800 00For

Showing the 25 largest of 160 asset managers. See all 160 in the interactive database.

16. ADOPT SIMPLE MAJORITY VOTE

CORPORATE GOVERNANCE

0.8% fund support · no official result

AGAINST 99.1%

The 8 asset managers below cast 0.8% of the shares they voted on this item FOR (155,363 for, 19,741,102 against).

FOR: 155,363 (0.8%)AGAINST: 19,741,102 (99.2%)ABSTAIN: 5,471 (0.0%)
Largest asset managers voting on “ADOPT SIMPLE MAJORITY VOTE” at FASTENAL CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock6,15018,852,937 00Against
MASTER INVESTMENT PORTFOLIO0885,822 00Against
TIMOTHY PLAN71,6110 00For
Empower65,4120 00For
Brighthouse8,8770 00For
Symmetry Panoramic Trust3,1340 5,4710Abstain
Multi-Select Securities Fund for Puerto Rico Residents02,343 00Against
Warren Street Wealth Advisors, LLC1790 00For

17. ELIMINATE SUPERMAJORITY VOTE REQUIREMENT FOR BUSINESS COMBINATIONS

SHAREHOLDER RIGHTS AND DEFENSESMajority of the votes cast: no

41% Majority: no · of votes cast

FOR 41%AGAINST 59%
FOR: 188,934,885AGAINST: 271,122,260

FASTENAL CO.’s own tally for this item (“There were 55,919,681 broker non-votes. 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”): 188,934,885 for, 271,122,260 against, per its Form 8-K (Item 5.07). FOR was not 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. Of all 572,525,495 outstanding shares: 33% for, 47.4% against (80% of the company cast a for/against vote).

The 6 asset managers below cast 100% of the shares they voted on this item FOR (151,556 for, 0 against).

FOR 97%
FOR: 151,556 (96.5%)ABSTAIN: 5,471 (3.5%)
Largest asset managers voting on “ELIMINATE SUPERMAJORITY VOTE REQUIREMENT FOR BUSINESS COMBINATIONS” at FASTENAL CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
TIMOTHY PLAN71,6110 00For
Empower65,4120 00For
Brighthouse8,8770 00For
Symmetry Panoramic Trust3,1340 5,4710Abstain
Multi-Select Securities Fund for Puerto Rico Residents2,3430 00For
Warren Street Wealth Advisors, LLC1790 00For

18. SAY ON PAY

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 461,340,376AGAINST: 2,320,469

FASTENAL CO.’s own tally for this item (“There were 55,919,681 broker non-votes. 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'”): 461,340,376 for, 2,320,469 against, per its Form 8-K (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. Of all 572,525,495 outstanding shares: 81% for, 0.5% against (81% of the company cast a for/against vote).

The 2 asset managers below cast 100% of the shares they voted on this item FOR (93,054 for, 0 against).

FOR 100%
FOR: 93,054 (100.0%)
Largest asset managers voting on “SAY ON PAY” at FASTENAL CO., 2023-2024
Asset managerForAgainst AbstainWithheldVote
CAPITAL MANAGEMENT CORP /VA91,3420 00For
Empower1,7120 00For

Largest FASTENAL CO. shareholders voting in 2023-2024

Ranked by the number of FASTENAL CO. shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 572,525,495 shares outstanding at the time of that meeting.

Top FASTENAL CO. shareholders by shares voted, 2023-2024
#Asset manager % of shares outstanding
1MCDONALD CAPITAL INVESTORS INC/CA 18.74%
2Vanguard 12.43%
3BlackRock 6.24%
4Charles Schwab 4.58%
5State Street 4.00%
6Fidelity 2.85%
7GEODE CAPITAL MANAGEMENT, LLC 2.63%
8Walter Scott & Partners Ltd 1.94%
9Invesco 1.94%
10Baird 1.44%

Reported FASTENAL CO. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

FASTENAL CO. beneficial owners on record for the 2023-2024 proxy season
Holder % outstanding Disclosure
Vanguard Group 26.46% 13F
BlackRock 18.15% 13F
Vanguard Blvd. 12.29% DEF14A
Hudson Yards 8.05% DEF14A
State Street 4.58% 13F
Morgan Stanley 4.32% 13F
BNY Mellon 3.89% 13F
Geode Capital 2.68% 13F
Goldman Sachs 2.38% 13F
FMR (Fidelity) 1.79% 13F

Percentages above are of 572,525,495 shares outstanding, as reported by FASTENAL CO. on its Form 10-Q dated 2024-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, 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 2024-03-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At FASTENAL CO.'s shareholder meeting held 2024-04-25, in the 2023-2024 proxy season, 909 asset managers reported how they voted in their SEC Form N-PX filings, covering 13,434 separate fund positions. Their filings are grouped here into 18 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Approval, by non-binding vote, of executive compensation. — FOR was 99.4% 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), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: FASTENAL CO.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

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