Gates Industrial (NYSE: GTES) insider plans $171,720 sale of 6,000 shares
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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Key Figures
Shares proposed for sale: 6,000 shares
Aggregate market value (proposed sale): $171,720.00
Restricted stock lapse date: 07/29/2026
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7 metrics
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
Key Terms
Form 144, Restricted Stock Lapse, Equity Compensation
3 terms
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.
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.