Rita J. Heise, a director at Fastenal Company (NASDAQ: $FAST), reported an open-market sale of 24,964 shares on August 5, 2026, according to a Form 4 filed with the Securities and Exchange Commission on August 6. The shares were sold at $50.05 each, producing a total transaction value of $1,249,558.
The same SEC filing disclosed a second open-market sale Heise executed on August 5: an additional 10,000 shares at the identical price of $50.05, worth $500,544. Combined, the two transactions amounted to 34,964 shares sold for approximately $1.75 million. After both sales, Heise reported holding 20,000 shares of Fastenal stock.
The transactions are the only two attributed to Heise in the InsiderTradingTracker database. She serves as a director at Fastenal, a distributor of industrial and construction supplies headquartered in Winona, Minnesota. The company operates more than 3,000 locations across North America and internationally.
Heise's August sales represent the third open-market sale by a Fastenal director in 2026. On March 5, director Reyne K. Wisecup sold 36,920 shares for roughly $1.75 million. Earlier, on January 23, director Scott Satterlee sold 15,964 shares for approximately $705,454. The three director sales in 2026 totaled roughly $4.2 million in combined proceeds.
The director-level activity in 2026 followed a notably different pattern in late 2025, when four Fastenal directors made open-market purchases. Sarah N. Nielsen, Daniel L. Johnson, Hsenghung Sam Hsu, and Stephen L. Eastman each bought 1,000 shares during November 2025 at prices ranging from approximately $39 to $50 per share. Hsu made an additional purchase of 1,000 shares in October 2025 at $42.45.
Beyond the board, Fastenal executives have also been active in the market. In August 2025, Chief Executive Officer Daniel L. Florness sold 84,612 shares for roughly $4.1 million, while President Jeffery Michael Watts and Vice President John Lewis Soderberg each reported sales exceeding $1.5 million.
$FAST shares closed at $49.99 on August 5, the day of Heise's transactions, after reaching an intraday high of $50.55. Volume on the day was approximately 6.9 million shares. The stock had risen from the $47.60 range over the prior week.
On the congressional disclosure front, Representative Ro Khanna, a California Democrat, reported a purchase of $FAST shares on May 27, 2026, disclosed on June 9 with a 13-day delay. The transaction fell in the $1,001 to $15,000 range, with a midpoint estimate of $1,001. Khanna has traded $FAST shares on multiple occasions dating back to 2023. Representatives Josh Gottheimer and Sheri Biggs also reported $FAST trades in 2025, both sales.