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Fastenal (NASDAQ: FAST) investors approve equity plans, reject EEO-1 proposal
Fastenal Company shareholders re-elected all eleven director nominees, ratified PricewaterhouseCoopers LLP as the independent auditor, and approved executive compensation and two equity plans (Employee Restricted Stock Unit Plan and Non-Employee Director Stock and Restricted Stock Unit Plan) at their annual meeting. However, a shareholder proposal seeking an EEO-1 report disclosure policy did not pass, receiving significantly more votes against than for. The meeting saw a strong turnout with over a billion shares represented.