Data Year:

For its 2025 fiscal year, FASTENAL CO, listed the following executives on its annual proxy statement to the SEC

Equity
Cash Compensation
Other
Fiscal Year Ended in 2025
Name And Title Total Compensation Pay Rank By Title In Retail & Wholesale industry
Daniel L. Florness
Chief Executive Officer
Total Compensation $4,183,328 View details Pay Rank By Title In Retail & Wholesale industry #151 View more
Sheryl A. Lisowski
Executive Vice President - Chief Accounting Officer and Treasurer
Total Compensation $1,460,780 View details Pay Rank By Title In Retail & Wholesale industry #96 View more
Jeffery M. Watts
President and Chief Sales Officer
Total Compensation $3,093,803 View details Pay Rank By Title In Retail & Wholesale industry #23 View more
Holden Lewis
Former Senior Executive Vice President and Chief Financial Officer
Total Compensation $504,309 View details Pay Rank By Title In Retail & Wholesale industry #188 View more
Charles S. Miller
Senior Executive Vice President - Sales
Total Compensation $1,917,737 View details Pay Rank By Title In Retail & Wholesale industry #82 View more
John L. Soderberg
Senior Executive Vice President - Information Technology
Total Compensation $1,578,649 View details Pay Rank By Title In Retail & Wholesale industry #94 View more
Max H. Tunnicliff
Senior Executive Vice President and Chief Financial Officer
Total Compensation $466,403 View details Pay Rank By Title In Retail & Wholesale industry #192 View more

The charts on this page feature a breakdown of the total annual pay for the top executives at FASTENAL CO as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. FASTENAL CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. FASTENAL CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Daniel L. Florness
Chief Executive Officer
Total Cash $3,319,000 Equity $861,387 Other $2,941 $4,183,328
Sheryl A. Lisowski
Executive Vice President - Chief Accounting Officer and Treasurer
Total Cash $1,280,639 Equity $177,200 Other $2,941 $1,460,780
Jeffery M. Watts
President and Chief Sales Officer
Total Cash $2,355,481 Equity $738,322 Other $0 $3,093,803
Holden Lewis
Former Senior Executive Vice President and Chief Financial Officer
Total Cash $213,293 Equity $291,016 Other $0 $504,309
Charles S. Miller
Senior Executive Vice President - Sales
Total Cash $1,582,546 Equity $332,250 Other $2,941 $1,917,737
John L. Soderberg
Senior Executive Vice President - Information Technology
Total Cash $1,354,208 Equity $221,500 Other $2,941 $1,578,649
Max H. Tunnicliff
Senior Executive Vice President and Chief Financial Officer
Total Cash $466,403 Equity $0 Other $0 $466,403
For its 2025 fiscal year, FASTENAL CO, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Daniel L. Florness CEO Pay $4,183,328 Median Employee Pay $47,287 CEO Pay Ratio 88:1
For its 2024 fiscal year, FASTENAL CO, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Daniel L. Johnson Total Cash $150,000
Hsenghung Sam Hsu Total Cash $150,000
Irene A. Quarshie Total Cash $150,000
Michael J. Ancius Total Cash $170,000
Nicholas J. Lundquist Total Cash $150,000
Reyne K. Wisecup Total Cash $150,000
Rita J. Heise Total Cash $170,000
Sarah N. Nielsen Total Cash $150,000
Scott A. Satterlee Total Cash $200,000
Stephen L. Eastman Total Cash $170,000
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This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

Use of Data / Disclaimer

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

What is a proxy statement?

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.