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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 (Item 5.07 on EDGAR). Page generated 02 October 2026.

21Reported items
975Asset managers
10,977Fund votes
2025-04-24Meeting date

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 (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 2025-04-24
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Scott A. Satterlee	454,393,652	13,351,624	853,265	--	--	Majority: yes
Elect Director: Michael J. Ancius	436,761,725	30,993,056	843,760	--	--	Majority: yes
Elect Director: Stephen L. Eastman	434,426,653	33,121,194	1,050,694	--	--	Majority: yes
Elect Director: Brady D. Ericson	467,013,555	679,254	905,732	--	--	Majority: yes
Elect Director: Daniel L. Florness	466,095,464	1,740,846	762,231	--	--	Majority: yes
Elect Director: Rita J. Heise	434,065,072	33,524,708	1,008,761	--	--	Majority: yes
Elect Director: Hsenghung Sam Hsu	456,510,105	11,050,088	1,038,348	--	--	Majority: yes
Elect Director: Daniel L. Johnson	455,916,494	11,624,660	1,057,387	--	--	Majority: yes
Elect Director: Sarah N. Nielsen	461,257,653	6,564,344	776,544	--	--	Majority: yes
Elect Director: Irene A. Quarshie	456,595,120	10,989,357	1,014,064	--	--	Majority: yes
Elect Director: Reyne K. Wisecup	455,984,313	11,867,384	746,844	--	--	Majority: yes
There were 53,783,234 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.	517,474,948	4,106,483	800,344	--	--	Majority: yes
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. • Propos	438,459,188	28,537,462	1,601,891	--	--	Majority: yes

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

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

Each item below shows how the 975 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.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-04-24.

Combines 8 wordings of this item as funds reported it.

95% fund support · no official result

FOR 95%

The 896 asset managers below cast 95% of the shares they voted on this item FOR (392,703,808 for, 19,637,743 against).

FOR: 392,703,808 (95.2%)AGAINST: 19,637,743 (4.8%)ABSTAIN: 142,740 (0.0%)NOT VOTED: 85,402 (0.0%)

Largest asset managers voting on “Approval, by non-binding vote, of executive compensation.” at FASTENAL CO., 2024-2025
Asset manager	For	Against	Vote
Vanguard	73,881,685	0	For
Charles Schwab	40,146,286	0	For
BlackRock	33,733,263	9,675	For
State Street	24,060,597	0	For
GEODE CAPITAL MANAGEMENT, LLC	17,109,460	0	For
Fidelity	16,914,103	0	For
Invesco	9,384,022	0	For
Baird	8,667,140	0	For
Thrivent	7,006,854	0	For
Northern Trust	6,046,596	0	For
PRINCIPAL GLOBAL INVESTORS	5,997,791	0	For
T. Rowe Price	5,214,071	0	For
Principal	4,468,793	0	For
ENVESTNET ASSET MANAGEMENT INC	4,333,435	0	For
Global X	4,039,689	13,333	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
Dimensional	3,302,889	0	For
Goldman Sachs	3,130,571	0	For
ProShares	3,031,944	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	2,745,895	Against

Showing the 25 largest of 896 asset managers. See all 896 in the interactive database.

2. Election of Directors: Brady D. Ericson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-24.

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

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 (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 573,611,957 outstanding shares: 81% for, 0.2% against (82% of the company cast a for/against vote).

The 165 asset managers below cast 99.9% of the shares they voted on this item FOR (185,125,802 for, 15,750 against).

FOR 99.9%

FOR: 185,125,802 (100.0%)AGAINST: 15,750 (0.0%)ABSTAIN: 74,816 (0.0%)

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.

3. Election of Directors: Daniel L. Florness

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-24.

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

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 (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 573,611,957 outstanding shares: 81% for, 0.4% against (82% of the company cast a for/against vote).

The 165 asset managers below cast 99.9% of the shares they voted on this item FOR (185,125,726 for, 15,826 against).

FOR 99.9%

FOR: 185,125,726 (100.0%)AGAINST: 15,826 (0.0%)ABSTAIN: 74,816 (0.0%)

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.

4. Election of Directors: Daniel L. Johnson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-24.

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

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 (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 573,611,957 outstanding shares: 79% for, 2% against (82% of the company cast a for/against vote).

The 165 asset managers below cast 99.9% of the shares they voted on this item FOR (185,077,391 for, 64,161 against).

FOR 99.9%

FOR: 185,077,391 (99.9%)AGAINST: 64,161 (0.0%)ABSTAIN: 74,816 (0.0%)

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.

5. Election of Directors: Hsenghung Sam Hsu

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-24.

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

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 (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 573,611,957 outstanding shares: 80% for, 2% against (82% of the company cast a for/against vote).

The 165 asset managers below cast 99.9% of the shares they voted on this item FOR (185,011,772 for, 129,780 against).

FOR 99.8%

FOR: 185,011,772 (99.9%)AGAINST: 129,780 (0.1%)ABSTAIN: 74,816 (0.0%)

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.

6. Election of Directors: Irene A. Quarshie

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-24.

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

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 (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 573,611,957 outstanding shares: 80% for, 2% against (82% of the company cast a for/against vote).

The 165 asset managers below cast 99.9% of the shares they voted on this item FOR (185,074,630 for, 66,922 against).

FOR 99.9%

FOR: 185,074,630 (99.9%)AGAINST: 66,922 (0.0%)ABSTAIN: 74,816 (0.0%)

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.

7. Election of Directors: Michael J. Ancius

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-24.

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

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 (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 573,611,957 outstanding shares: 76% for, 5% against (82% of the company cast a for/against vote).

The 165 asset managers below cast 99.7% of the shares they voted on this item FOR (184,602,470 for, 539,081 against).

FOR 99.6%

FOR: 184,602,470 (99.7%)AGAINST: 539,081 (0.3%)ABSTAIN: 74,816 (0.0%)

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.

8. Election of Directors: Reyne K. Wisecup

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-24.

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

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 (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 573,611,957 outstanding shares: 79% for, 2% against (82% of the company cast a for/against vote).

The 165 asset managers below cast 99.9% of the shares they voted on this item FOR (185,122,845 for, 18,707 against).

FOR 99.9%

FOR: 185,122,845 (99.9%)AGAINST: 18,707 (0.0%)ABSTAIN: 74,816 (0.0%)

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.

9. Election of Directors: Rita J. Heise

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-24.

Combines 4 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%7%

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

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 (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 573,611,957 outstanding shares: 76% for, 6% against (82% of the company cast a for/against vote).

The 165 asset managers below cast 99.7% of the shares they voted on this item FOR (184,631,529 for, 510,022 against).

FOR 99.6%

FOR: 184,631,529 (99.7%)AGAINST: 510,022 (0.3%)ABSTAIN: 74,816 (0.0%)

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.

10. Election of Directors: Sarah N. Nielsen

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-24.

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

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 (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 573,611,957 outstanding shares: 80% for, 1% against (82% of the company cast a for/against vote).

The 165 asset managers below cast 99.9% of the shares they voted on this item FOR (185,125,802 for, 15,750 against).

FOR 99.9%

FOR: 185,125,802 (100.0%)AGAINST: 15,750 (0.0%)ABSTAIN: 74,816 (0.0%)

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.

11. Election of Directors: Scott A. Satterlee

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-24.

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

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 (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 573,611,957 outstanding shares: 79% for, 2% against (82% of the company cast a for/against vote).

The 165 asset managers below cast 99.9% of the shares they voted on this item FOR (184,967,903 for, 173,649 against).

FOR 99.8%

FOR: 184,967,903 (99.9%)AGAINST: 173,649 (0.1%)ABSTAIN: 74,816 (0.0%)

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.

12. Election of Directors: Stephen L. Eastman

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-04-24.

Combines 5 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%7%

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

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 (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 573,611,957 outstanding shares: 76% for, 6% against (82% of the company cast a for/against vote).

The 165 asset managers below cast 95% of the shares they voted on this item FOR (176,311,098 for, 8,830,454 against).

FOR 95%

FOR: 176,311,098 (95.2%)AGAINST: 8,830,454 (4.8%)ABSTAIN: 74,816 (0.0%)

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.

13. Ratification of the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for the 2025 fiscal year.

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2025-04-24.

Combines 5 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

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

FASTENAL CO.’s own tally for this item (“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 sh”): 438,459,188 for, 28,537,462 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 573,611,957 outstanding shares: 76% for, 5% against (81% of the company cast a for/against vote).

The 165 asset managers below cast 99.9% of the shares they voted on this item FOR (184,976,728 for, 56,564 against).

FOR 99.9%

FOR: 184,976,728 (100.0%)AGAINST: 56,564 (0.0%)ABSTAIN: 24,197 (0.0%)

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.

14. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-04-24.

92% fund support · no official result

FOR 92%8%

The 35 asset managers below cast 92% of the shares they voted on this item FOR (12,910,646 for, 1,151,894 against).

FOR: 12,910,646 (91.8%)AGAINST: 1,151,894 (8.2%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at FASTENAL CO., 2024-2025
Asset manager	For	Against	Vote
Walter Scott & Partners Ltd	9,499,739	0	For
APG Asset Management US Inc.	1,291,665	0	For
NORDEA INVESTMENT MANAGEMENT AB	26,699	967,124	Against
JPMorgan	817,248	0	For
TD ASSET MANAGEMENT INC	292,429	0	For
STOREBRAND ASSET MANAGEMENT AS	249,751	0	For
Cardano Risk Management B.V.	0	166,222	Against
TD Waterhouse Canada Inc.	128,247	0	For
COMGEST GLOBAL INVESTORS S.A.S.	103,795	0	For
iA Global Asset Management Inc.	86,697	0	For
Empower	75,063	0	For
Desjardins Global Asset Management Inc.	57,991	0	For
GuideStone	56,448	0	For
Erste Asset Management GmbH	55,461	0	For
Tikehau Investment Management	53,251	0	For
HC CAPITAL TRUST	27,876	0	For
Metzler Asset Management GmbH	26,125	0	For
Wesleyan Assurance Society	24,603	0	For
Regime de rentes du Mouvement Desjardins	24,055	0	For
OSSIAM	0	13,198	Against
Union Investment Institutional GmbH	0	5,350	Against
FAYEZ SAROFIM & CO	3,000	0	For
Virtus	2,340	0	For
Multi-Select Securities Fund for Puerto Rico Residents	1,844	0	For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma	1,577	0	For

Showing the 25 largest of 35 asset managers. See all 35 in the interactive database.

15. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-04-24.

99.6% fund support · no official result

FOR 99.4%

The 16 asset managers below cast 99.6% of the shares they voted on this item FOR (1,141,963 for, 3,613 against).

FOR: 1,141,963 (99.4%)AGAINST: 3,613 (0.3%)NOT VOTED: 3,100 (0.3%)

Largest asset managers voting on “14A Executive Compensation” at FASTENAL CO., 2024-2025
Asset manager	For	Against	Vote
MCDONALD CAPITAL INVESTORS INC/CA	1,006,943	0	For
IMA Advisory Services, Inc.	77,624	0	For
Interval Partners, LP	46,874	0	For
Focus Partners Wealth	4,970	3,113	For
LEAVELL INVESTMENT MANAGEMENT, INC.	0	0	Not Voted
EAGLE GLOBAL ADVISORS LLC	1,011	0	For
Blue Fin Capital, Inc.	874	0	For
Baker Avenue Asset Management, LP	842	0	For
VOISARD ASSET MANAGEMENT GROUP, INC.	814	0	For
OLD SECOND NATIONAL BANK OF AURORA	683	0	For
WILLIAMSBURG INVESTMENT TRUST	0	500	Against
Moisand Fitzgerald Tamayo, LLC	470	0	For
COURIER CAPITAL LLC	400	0	For
River Street Advisors LLC	400	0	For
PEDDOCK CAPITAL ADVISORS, LLC	29	0	For
Simplify Exchange Traded Funds	29	0	For

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

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

Meeting held 2024-04-25 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

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 573,611,957 outstanding shares: 80% for, 0.5% against (81% of the company cast a for/against vote).

The 8 asset managers below cast 75% of the shares they voted on this item FOR (4,167 for, 1,378 against).

FOR 75%AGAINST 25%

FOR: 4,167 (75.1%)AGAINST: 1,378 (24.9%)

Largest asset managers voting on “Approval, by non-binding vote, of executive compensation” at FASTENAL CO., 2024-2025
Asset manager	For	Against	Vote
Ipswich Investment Management Co., Inc.	2,236	0	For
COLDSTREAM CAPITAL MANAGEMENT INC	0	1,378	Against
Axiom Financial Strategies, LLC	793	0	For
Seascape Capital Management	436	0	For
Americana Partners, LLC	286	0	For
Sky Investment Group LLC	250	0	For
VAUGHAN DAVID INVESTMENTS LLC/IL	166	0	For
Echo45 Advisors LLC	0	0	--

17. Ratify Appointment of Independent Auditors

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2025-04-24.

94% Majority: yes · of votes cast

FOR 94%

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

The 6 asset managers below cast 100% of the shares they voted on this item FOR (187,955 for, 0 against).

FOR 100%

FOR: 187,955 (100.0%)

Largest asset managers voting on “Ratify Appointment of Independent Auditors” at FASTENAL CO., 2024-2025
Asset manager	For	Vote
Cardano Risk Management B.V.	166,222	For
WILLIAMSBURG INVESTMENT TRUST	18,000	For
Virtus	2,340	For
VOISARD ASSET MANAGEMENT GROUP, INC.	814	For
NORTHERN LIGHTS FUND TRUST III	550	For
Simplify Exchange Traded Funds	29	For

18. SAY ON PAY

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-04-24.

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (85,556 for, 0 against).

FOR: 85,556 (100.0%)

Largest asset managers voting on “SAY ON PAY” at FASTENAL CO., 2024-2025
Asset manager	For	Vote
CAPITAL MANAGEMENT CORP /VA	82,839	For
Gibson Capital, LLC	2,310	For
Empower	407	For

19. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2025-04-24.

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 100.0%

Largest asset managers voting on “Election of Directors (Majority Voting)” at FASTENAL CO., 2024-2025
Asset manager	For	Vote
WILLIAMSBURG INVESTMENT TRUST	18,000	For
VOISARD ASSET MANAGEMENT GROUP, INC.	814	For
Simplify Exchange Traded Funds	29	For

20. ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-04-24.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (7 for, 0 against).

FOR: 7 (100.0%)

Largest asset managers voting on “ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION” at FASTENAL CO., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
NTV ASSET MANAGEMENT LLC	7	0	0	0	For
FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC	0	0	0	0	--

21. Director Elections

DIRECTOR ELECTIONS

Meeting held 2025-04-24.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (9,703 for, 0 against).

FOR: 9,703 (100.0%)

Largest asset managers voting on “Director Elections” at FASTENAL CO., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
X-Square Balanced Fund, LLC	9,683	0	0	0	For
Members Trust Co	20	0	0	0	For

Largest FASTENAL CO. shareholders voting in 2024-2025

Ranked by the number of FASTENAL CO. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 573,611,957 shares outstanding at the time of that meeting.

Top FASTENAL CO. shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	12.88%
2	Charles Schwab	7.01%
3	BlackRock	5.88%
4	State Street	4.19%
5	GEODE CAPITAL MANAGEMENT, LLC	2.98%
6	Fidelity	2.95%
7	Invesco	1.64%
8	Baird	1.51%
9	Thrivent	1.22%
10	Northern Trust	1.05%

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 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 2025-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 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 2025-03-31. 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 2025-04-24, in the 2024-2025 proxy season, 975 asset managers reported how they voted in their SEC Form N-PX filings, covering 10,977 separate fund positions. Their filings are grouped here into 21 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. FASTENAL CO.'s own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — Approval, by non-binding vote, of executive compensation. — the reporting funds cast 95% of the shares they voted in favour (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). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

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