Gates Industrial (GTES) CLO logs RSU vesting, new awards and tax-share withholding

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Gates Industrial Corp plc Chief Legal Officer Cristin C. Bracken reported equity-related transactions involving restricted stock units and ordinary shares. On March 4, 2026, 9,975 time-based restricted stock units vested and were converted into 9,975 ordinary shares, and 18,429 additional time-based restricted stock units were granted. To cover par value and certain tax withholding obligations tied to the vesting, 4,367 ordinary shares were withheld at a price of $26.37 per share. After these transactions, Bracken directly held 169,923 ordinary shares and 42,799 time-based restricted stock units subject to future vesting.

Insider Trade Summary

9,975 shares exercised/converted

Mixed 4 txns

Insider Bracken Cristin C.

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Exercise	Time-Based Restricted Stock Units	9,975	$0.00	--
Grant/Award	Time-Based Restricted Stock Units	18,429	$0.00	--
Exercise	Ordinary Shares	9,975	$0.00	--
Tax Withholding	Ordinary Shares	4,367	$26.37	$115K

Holdings After Transaction: Time-Based Restricted Stock Units — 24,370 shares (Direct); Ordinary Shares — 174,290 shares (Direct)

Footnotes (1)

Represents time-based restricted stock units ("TBRSU") that vested on the anniversary of the grant date. Represents ordinary shares withheld to satisfy par value and certain tax withholding related obligations in connection with the vesting of previously granted TBRSUs. Each TBRSU represents a contingent right to receive one share of the issuer ordinary shares. The TBRSUs will be settled in either ordinary shares or cash (or a combination thereof). The reporting person was granted TBRSUs that vest in three substantially equal annual installments beginning on the first anniversary of the grant date. The number set forth in Column 9 reflects all TBRSUs outstanding subject to future vesting.

Form 4 Insider Transactions: What Each Field Means →

03/06/2026 - 04:49 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bracken Cristin C.

(Last)

(First)

(Middle)

C/O GATES INDUSTRIAL CORPORATION PLC

1144 FIFTEENTH, SUITE 1400

(Street)

DENVER

80202

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Gates Industrial Corp plc [ GTES ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	03/04/2026		M		9,975	A	$0⁽¹⁾	174,290	D
Ordinary Shares	03/04/2026		F⁽²⁾		4,367	D	$26.37	169,923	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Time-Based Restricted Stock Units	⁽³⁾	03/04/2026		M			9,975	⁽⁴⁾	⁽⁴⁾	Ordinary Shares	9,975	$0	24,370	D
Time-Based Restricted Stock Units	⁽³⁾	03/04/2026		A		18,429		⁽⁴⁾	⁽⁴⁾	Ordinary Shares	18,429	$0	42,799	D

Explanation of Responses:

1. Represents time-based restricted stock units ("TBRSU") that vested on the anniversary of the grant date.

2. Represents ordinary shares withheld to satisfy par value and certain tax withholding related obligations in connection with the vesting of previously granted TBRSUs.

3. Each TBRSU represents a contingent right to receive one share of the issuer ordinary shares. The TBRSUs will be settled in either ordinary shares or cash (or a combination thereof).

4. The reporting person was granted TBRSUs that vest in three substantially equal annual installments beginning on the first anniversary of the grant date. The number set forth in Column 9 reflects all TBRSUs outstanding subject to future vesting.

Remarks:

	/s/ Hillary Barrett-Osborne as Attorney-in-Fact	03/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Gates Industrial (GTES) report for Cristin C. Bracken?

Gates Industrial reported that Chief Legal Officer Cristin C. Bracken had 9,975 time-based restricted stock units vest and convert into 9,975 ordinary shares, received a grant of 18,429 new restricted stock units, and had 4,367 ordinary shares withheld to cover par value and tax obligations.

How many Gates Industrial (GTES) shares does Cristin C. Bracken hold after these Form 4 transactions?

After the reported transactions, Cristin C. Bracken directly holds 169,923 ordinary shares of Gates Industrial and 42,799 time-based restricted stock units that remain subject to future vesting, according to the ownership totals disclosed in the Form 4 filing for March 4, 2026.

What was the nature of the restricted stock unit activity for GTES on March 4, 2026?

On March 4, 2026, previously granted time-based restricted stock units vested and converted into 9,975 ordinary shares, and a separate award granted 18,429 new time-based restricted stock units, each representing a contingent right to receive one ordinary share or an equivalent cash amount, subject to future vesting conditions.

Why were 4,367 Gates Industrial (GTES) shares disposed of in Cristin C. Bracken’s Form 4?

The 4,367 ordinary shares shown as a disposition were withheld by Gates Industrial to satisfy par value and certain tax withholding obligations related to the vesting of previously granted time-based restricted stock units, rather than representing an open-market sale by Cristin C. Bracken.

What do the time-based restricted stock units (TBRSUs) reported by GTES represent?

Each time-based restricted stock unit represents a contingent right to receive one Gates Industrial ordinary share. The units may be settled in shares, cash, or a combination, and typically vest in substantially equal annual installments beginning on the first anniversary of the grant date, as described in the footnotes.

How do the new TBRSU grants for GTES vest over time?

The granted time-based restricted stock units vest in three substantially equal annual installments, beginning on the first anniversary of the grant date. The number of units reported in the ownership column reflects all outstanding TBRSUs that remain subject to this future vesting schedule for Cristin C. Bracken.