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Gates Industrial (NYSE: GTES) insider plans $171,720 sale of 6,000 shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Peifang Zhang filed to sell 6,000 shares of Gates Industrial Corporation plc common stock through Charles Schwab & Co., Inc., with an aggregate market value of $171,720.00. The shares relate to a Restricted Stock Lapse on 07/29/2026 granted as equity compensation. The filing also lists prior sales over the past three months.

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Shares proposed for sale 6,000 shares Common stock of Gates Industrial Corporation plc to be sold through Charles Schwab & Co., Inc.
Aggregate market value (proposed sale) $171,720.00 Total market value of 6,000 GTES shares proposed for sale
Restricted stock lapse date 07/29/2026 Date of Restricted Stock Lapse tied to 6,000 equity compensation shares
Shares sold 08/04/2026 5,000 shares Past three months sale of Gates Industrial Corp Ltd. shares for $148,800.00
Value of shares sold 08/04/2026 $148,800.00 Proceeds from 5,000-share sale on 08/04/2026
Shares sold 08/05/2026 6,000 shares Past three months sale of Gates Industrial Corp Ltd. shares for $177,360.00
Value of shares sold 08/05/2026 $177,360.00 Proceeds from 6,000-share sale on 08/05/2026
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Lapse financial
"Common | 07/29/2026 | Restricted Stock Lapse | Gates Industrial"
Equity Compensation financial
"6000 | 07/29/2026 | Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does the GTES Form 144 filing by Peifang Zhang disclose?

The filing discloses a proposed sale of 6,000 GTES common shares with an aggregate market value of $171,720.00. It also notes these shares stem from a Restricted Stock Lapse dated 07/29/2026 as part of equity compensation.

How many Gates Industrial (GTES) shares are proposed to be sold and through which broker?

Peifang Zhang plans to sell 6,000 GTES common shares through Charles Schwab & Co., Inc.. The shares have an indicated aggregate market value of $171,720.00, and the transaction is listed for the NYSE market.

What is the origin of the GTES shares in Peifang Zhang’s Form 144?

The 6,000 GTES shares come from a Restricted Stock Lapse that occurred on 07/29/2026. The filing characterizes this as Equity Compensation, indicating the shares were awarded as part of a compensation program.

What is the total market value of the GTES shares in the proposed Form 144 sale?

The proposed sale covers 6,000 GTES common shares with an aggregate market value of $171,720.00. This amount is based on the market price information reported alongside the NYSE listing in the filing.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature