The estimated Net Worth of Scott Satterlee is at least $6.16 Million dollars as of 19 January 2024. Mr. Satterlee owns over 8,474 units of Fastenal Co stock worth over $2,316,736 and over the last 21 years he sold FAST stock worth over $3,711,392. In addition, he makes $129,000 as Independent Director at Fastenal Co.
Scott has made over 23 trades of the Fastenal Co stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 8,474 units of FAST stock worth $233,035 on 19 January 2024.
The largest trade he's ever made was exercising 33,892 units of Fastenal Co stock on 5 February 2010 worth over $498,551. On average, Scott trades about 4,008 units every 168 days since 2003. As of 19 January 2024 he still owns at least 33,474 units of Fastenal Co stock.
You can see the complete history of Mr. Satterlee stock trades at the bottom of the page.
Scott A. Satterlee serves as Independent Director of the Company. He retired in January 2016 as president of the North America Surface Transportation Division of C.H. Robinson Worldwide, Inc., a position he held since December 2014. He served as a senior vice president of transportation of that company from December 2007 through December 2014, and a vice president of transportation of that company from early 2002 through December 2007. C.H. Robinson is a publicly-held global provider of transportation and logistics services headquartered in Eden Prairie, Minnesota. As an executive officer of C.H. Robinson, Mr. Satterlee was responsible for a portion of its worldwide operations with duties that included oversight of a decentralized network of offices, each with local and global account relationships. Additionally, Mr. Satterlee helped develop and oversee implementation of network compensation plans for C.H. Robinson, and was accountable for expanding operations into portions of South America, Europe, and Asia. He brings multi-location operational, compensation, and international business development experience to the board, all consistent with our company's strategic focus, which also provides the experience needed to chair the company's compensation committee.
As the Independent Director of Fastenal Co, the total compensation of Scott Satterlee at Fastenal Co is $129,000. There are 19 executives at Fastenal Co getting paid more, with Daniel L. Florness having the highest compensation of $2,055,286.
Scott Satterlee is 51, he's been the Independent Director of Fastenal Co since 2009. There are 16 older and 8 younger executives at Fastenal Co. The oldest executive at Fastenal Co. is Michael Dolan, 73, who is the Independent Director.
Scott's mailing address filed with the SEC is 3153 E. SCENIC VALLEY LANE, , SANDY, UT, 84092.
Over the last 22 years, insiders at Fastenal Co have traded over $95,691,150 worth of Fastenal Co stock and bought 178,757 units worth $7,965,920 . The most active insiders traders include Robert A Kierlin, Darren R Jackson, and Willard D Oberton. On average, Fastenal Co executives and independent directors trade stock every 16 days with the average trade being worth of $1,461,369. The most recent stock trade was executed by Daniel L Florness on 21 August 2024, trading 45,744 units of FAST stock currently worth $1,074,984.
since 1967, fastenal has grown from a single store to nearly 2,700 locations, each providing tailored local inventory and personal service for our customers. as we've expanded across the world, we've retained a core belief in people and their ability to accomplish remarkable things - if given the opportunity. from this philosophy stems an entrepreneurial culture that challenges every employee to run their own business, create their own success, and rise up to become company leaders. backed by our global sourcing, quality, and logistics operations, each store is a local, one-stop source for a spectrum of oem, mro and construction supplies. working within our decentralized environment, store personnel take a flexible approach to support local customers – sourcing products, making emergency deliveries, managing a lean flow of inventory to points of use, and leveraging our services, solutions and specialists to drive continual business improvements. local product and local people: th
Fastenal Co executives and other stock owners filed with the SEC include: