The estimated Net Worth of Willard D Oberton is at least $5.03 Million dollars as of 20 March 2024. Mr. Oberton owns over 4,500 units of Fastenal Co stock worth over $2,227,524 and over the last 21 years he sold FAST stock worth over $2,421,900. In addition, he makes $385,000 as Independent Chairman of the Board at Fastenal Co.
Willard has made over 27 trades of the Fastenal Co stock since 2006, according to the Form 4 filled with the SEC. Most recently he exercised 4,500 units of FAST stock worth $173,115 on 20 March 2024.
The largest trade he's ever made was exercising 250,000 units of Fastenal Co stock on 28 February 2012 worth over $5,625,000. On average, Willard trades about 12,576 units every 89 days since 2003. As of 20 March 2024 he still owns at least 32,185 units of Fastenal Co stock.
You can see the complete history of Mr. Oberton stock trades at the bottom of the page.
Willard D. Oberton serves as Independent Chairman of the Board of the Company. He also served as the company's chief executive officer from December 2002 through December 2014, when he retired from that position, and again on an interim basis from July 2015 through December 2015. He began his business career with Fastenal in January 1980, and was promoted to branch manager, then district manager, and later to general operations manager. He served as our vice president from March 1997 through June 2000, as our executive vice president from June 2000 through July 2001, as our chief operating officer from March 1997 through December 2002, and as our president from July 2001 through July 2012 and again on an interim basis from July 2015 through December 2015. Mr. Oberton's professional career grew from within Fastenal as he successfully worked, managed, and provided leadership to most of the departments and disciplines integral to the company's growth and financial success. Mr. Oberton's varied experience with the company, including his long tenure as chief executive officer, gives the board unique insight into the company's 'success drivers' and provides continuity to Mr. Florness in the development and execution of the company's strategy. In addition, Mr. Oberton serves on the board of directors of publicly-held Donaldson Company as lead director, which gives him useful insight into another organization's corporate governance, compensation planning, and strategic development. Also, he serves on the board of WinCraft, Inc., a privately-held company involved in manufacturing and distributing promotional marketing merchandise, which are important disciplines helpful to Fastenal. Additionally, he has served on the boards of various community and educational organizations, including the board of trustees of St. Benedict's College, St. Joseph, Minnesota.
As the Independent Chairman of the Board of Fastenal Co, the total compensation of Willard Oberton at Fastenal Co is $385,000. There are 13 executives at Fastenal Co getting paid more, with Daniel L. Florness having the highest compensation of $2,055,286.
Willard Oberton is 61, he's been the Independent Chairman of the Board of Fastenal Co since 2016. There are 3 older and 23 younger executives at Fastenal Co. The oldest executive at Fastenal Co. is Michael Dolan, 73, who is the Independent Director.
Over the last 21 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: