FAST: Leadership change

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of New Director As previously reported, on December 19, 2025, the Board appointed Mr. Watts, Fastenal's President and Chief Sales Officer, as Fastenal's President and CEO, effective as of the CEO Transition Date. On July 10, 2026, the Board elected Mr. Watts as a director of the Company to succeed Daniel L. Florness, effective as of the CEO Transition Date. Mr. Watts was elected to serve as a director until the Company's next annual meeting of shareholders or until his successor is duly elected and qualified. In connection with his director role, Mr. Watts will receive an annual cash retainer of $50,000 for his service as an employee director of the Company, such retainer to be prorated for the portion of the year during which Mr. Watts serves on the Board following the CEO Transition Date, and to be paid in accordance with the Company's standard director compensation practices. There are no arrangements or understandings between Mr. Watts and any other person or persons pursuant to which he was selected as a director of the Company. There are no current or proposed transactions in which Mr. Watts, or any member of his immediate family, has an interest that is required to be disclosed under Item 404(a) of Regulation S-K promulgated by the Securities and Exchange Commission. Compensatory Arrangements of New President and Chief Executive Officer On July 9, 2026, the Compensation Committee approved a new compensation package for Mr. Watts associated with his promotion to President and CEO, effective as of the CEO Transition Date. Under his new compensation arrangement, Mr. Watts will receive: • an annual b