Daniel Florness compensation by year
FASTENAL Summary Compensation Table · all 10 fiscal years held| Component | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Salary | $577,500 | $592,500 | $592,500 | $642,500 | $717,500 | $717,500 | $750,000 | $750,000 | $750,000 | $750,000 |
| Bonus | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Option awards | $1,066,950 | $402,125 | $410,317 | $406,146 | $483,864 | $538,313 | $617,802 | $847,284 | $867,883 | $861,387 |
| Non-equity incentive | $32,713 | $1,041,901 | $1,423,750 | $708,750 | $1,335,000 | $1,165,000 | $4,068,500 | $1,515,000 | $75,250 | $2,569,000 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $2,733 | $2,830 | $2,844 | $2,547 | $2,786 | $2,801 | $3,308 | $3,223 | $2,754 | $2,941 |
| Total | $1,679,896 | $2,039,356 | $2,429,411 | $1,759,943 | $2,539,150 | $2,423,614 | $5,439,610 | $3,115,507 | $1,695,887 | $4,183,328 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: FASTENAL CO DEF 14A filed February 25, 2026, accession 0000815556-26-000017, and prior-year filings. Open the filing on EDGAR.
How this page was built: the FASTENAL CO filed document, accession 0000815556-26-000017. Every figure is read from that document and cited to the page and table it appears in. Filed February 25, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| Option | 87,500 | — | $24.00 |
| Option | 22,500 | — | $24.00 |
| Option | 97,222 | — | $36.00 |
| Option | 87,500 | — | $32.00 |
| Option | 36,130 | — | $31.00 |
Per the Outstanding Equity Awards at Fiscal Year-End table in FASTENAL CO's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
FASTENAL’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Daniel Florness · this page | Chief Executive Officer | $4,183,328 |
| Jeffery Watts | President and Chief Sales Officer | $3,093,803 |
| Charles Miller | Senior Executive Vice President - Sales | $1,917,737 |
| John Soderberg | Senior Executive Vice President - Information Technology | $1,578,649 |
| Sheryl Lisowski | Executive Vice President - Chief Accounting Officer and Treasurer | $1,460,780 |
| Holden Lewis | Former Senior Executive Vice President and Chief Financial Officer | $504,309 |
| Max Tunnicliff | Senior Executive Vice President and Chief Financial Officer | $466,403 |
Board service
FASTENAL board · FY2023–FY2025How this board is paid
Company policy: FASTENAL pays directors a $100,000 cash retainer and $50,000 in equity. As stated in FASTENAL's FY2025 proxy.
The full FASTENAL compensation record
free company briefThis page is one person within FASTENAL's record. The company brief lists every named executive, each linking to their own page.
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are FASTENAL's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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