Gates Industrial (GTES) files Form 144 for 2,338-share sale
Rhea-AI Filing Summary
Gates Industrial Corporation plc (GTES) reported a planned insider sale of 2,338 ordinary shares under Rule 144. The shares have an aggregate market value of 50,598.00 and are to be sold on the NYSE through broker Charles Schwab & Co., Inc. on or about 11/17/2025. The shares were originally acquired on 02/21/2021 through an equity compensation transaction described as a restricted stock lapse. Shares outstanding were 258,280,391 ordinary shares at the time referenced, providing context for the size of this sale.
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FAQ
What does the Form 144 filing for GTES disclose?
The Form 144 filing for Gates Industrial Corporation plc (GTES) discloses a proposed sale of 2,338 ordinary shares by a holder under Rule 144, including details of the acquisition, broker, market value, and planned sale date.
When is the GTES Form 144 sale expected to occur and on which exchange?
The Form 144 indicates an approximate sale date of 11/17/2025 for the GTES shares, with the securities listed for sale on the NYSE.
What representation does the selling person make in the GTES Form 144 filing?
The person for whose account the GTES securities are to be sold represents that they do not know any material adverse information about the issuer's current or prospective operations that has not been publicly disclosed, as stated in the notice language.