Fastenal Executive Compensation (FY25)
FAST · Executive and director compensation, fiscal 2025 only
The Fastenal brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
Data as of September 7, 2026Latest filing (8-K): April 24, 2026
12 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
$1,500Get the executive brief
186 figures on this page: 175 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Frequently asked questions
Answers drawn from the data on this page.
Who is Fastenal's chief executive and what were they paid?
Daniel Florness, Chief Executive Officer, received $4,183,328 in total compensation for fiscal 2025.
What was Fastenal's say-on-pay result?
The say-on-pay proposal drew 89.0% of votes cast for or against in favor at the meeting held April 23, 2026 for fiscal 2025.
Which companies are in Fastenal's peer group?
Companies named in the disclosed peer group include Applied Industrial Technologies, Inc., Donaldson Company, Inc., Genuine Parts Company, IDEX Corporation and MSC Industrial Direct Co., Inc., among others.
What is Fastenal's chief executive pay ratio?
The company reported a chief executive pay ratio of 88:1 for fiscal 2025, against median employee compensation of $47,287.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Daniel Florness Chief Executive Officer | ◇ | — | — | ◇ | ◇ | — | ◇ | ◇ |
Jeffery Watts President and Chief Sales Officer | ◇ | — | — | ◇ | ◇ | — | — | ◇ |
Charles Miller Senior Executive Vice President - Sales | ◇ | — | — | ◇ | ◇ | — | ◇ | ◇ |
John Soderberg Senior Executive Vice President - Information Technology | ◇ | — | — | ◇ | ◇ | — | ◇ | ◇ |
Sheryl Lisowski Executive Vice President - Chief Accounting Officer and Treasurer | ◇ | — | — | ◇ | ◇ | — | ◇ | ◇ |
Holden Lewis Former Senior Executive Vice President and Chief Financial Officer Departed during or after this year | ◇ | — | — | ◇ | ◇ | — | — | ◇ |
Max Tunnicliff Senior Executive Vice President and Chief Financial Officer | ◇ | ◇ | — | — | ◇ | — | — | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Charles S. Miller | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Daniel L. Florness | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Holden Lewis | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Jeffery M. Watts | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| John L. Soderberg | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Sheryl A. Lisowski | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| John Soderberg | Option | ◇ | — | ◇ | 12/31/2031 |
| Option | ◇ | — | ◇ | 12/31/2034 | |
| Option | ◇ | — | ◇ | 12/31/2032 | |
| Option | ◇ | — | ◇ | 12/31/2033 | |
| Option | ◇ | — | ◇ | 12/31/2030 | |
| Jeffery Watts | Option | ◇ | — | ◇ | 12/31/2031 |
| Option | ◇ | — | ◇ | 12/31/2030 | |
| Option | ◇ | — | ◇ | 12/31/2033 | |
| Option | ◇ | — | ◇ | 12/31/2034 | |
| Option | ◇ | — | ◇ | 12/31/2032 | |
| Charles Miller | Option | ◇ | — | ◇ | 12/31/2034 |
| Option | ◇ | — | ◇ | 12/31/2030 | |
| Option | ◇ | — | ◇ | 12/31/2032 | |
| Option | ◇ | — | ◇ | 12/31/2033 | |
| Option | ◇ | — | ◇ | 12/31/2031 | |
| Daniel Florness | Option | ◇ | — | ◇ | 12/31/2031 |
| Option | ◇ | — | ◇ | 12/31/2033 | |
| Option | ◇ | — | ◇ | 12/31/2034 | |
| Option | ◇ | — | ◇ | 12/31/2032 | |
| Option | ◇ | — | ◇ | 12/31/2030 | |
| Sheryl Lisowski | Option | ◇ | — | ◇ | 12/31/2033 |
| Option | ◇ | — | ◇ | 12/31/2034 | |
| Option | ◇ | — | ◇ | 12/31/2032 | |
| Option | ◇ | — | ◇ | 12/31/2031 | |
| Option | ◇ | — | ◇ | 12/31/2030 |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Scott A. Satterlee Board chair | ◇ | — | ◇ | — | — | — | ◇ |
Michael J. Ancius | ◇ | — | ◇ | — | — | — | ◇ |
Rita J. Heise | ◇ | — | ◇ | — | — | — | ◇ |
Stephen L. Eastman | ◇ | — | ◇ | — | — | — | ◇ |
Irene A. Quarshie | ◇ | — | ◇ | — | — | — | ◇ |
Reyne K. Wisecup | ◇ | — | ◇ | — | — | — | ◇ |
Sarah N. Nielsen | ◇ | — | ◇ | — | — | — | ◇ |
Daniel L. Johnson | ◇ | — | ◇ | — | — | — | ◇ |
Hsenghung Sam Hsu | ◇ | — | ◇ | — | — | — | ◇ |
Brady D. Ericson | ◇ | — | — | — | — | — | ◇ |
Nicholas J. Lundquist | ◇ | — | — | — | — | — | ◇ |
Daniel L. Florness served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Compensation committee chair | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Applied Industrial Technologies, Inc. AIT
- Donaldson Company, Inc. DCI
- Genuine Parts Company GPC
- IDEX Corporation IEX
- MSC Industrial Direct Co., Inc. MSM
- Nordson Corporation NDSN
- O'Reilly Automotive, Inc. ORLY
- Tractor Supply Company TSCO
- W.W. Grainger, Inc. GWW
- WESCO International, Inc. WCC
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | April 23, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | April 24, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | April 25, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | April 22, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | April 23, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | April 24, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | April 25, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | April 23, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | April 24, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | April 25, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | April 19, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Fastenal disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Fastenal sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
186 figures on this page: 175 cited to the filing that reported them, 11 calculated from figures it prints.
175 cited to the filing
11 calculated from the filing
Documents cited
- 0000815556-26-000025
- 0000815556-26-000017CEO Pay Ratio · Corporate governance and director compensation · GRANT OF PLAN-BASED AWARDS · OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END · and 1 more section
- 0000815556-25-000087
- 0000815556-24-000021
- 0000815556-23-000025
- 0000815556-22-000023
- 0000815556-21-000020Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000815556-20-000037Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000815556-19-000035Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000815556-18-000025
- 0000815556-17-000023
- 0000815556-16-000099
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Fastenal executive compensation, FY2025.” https://intel.velarion.ai/comp/FAST (accessed 2026).
Short form: data: Velarion
The Fastenal brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
12 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about Fastenal and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Peers Fastenal discloses
The companies named in FAST's own disclosed peer group.
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}