Gates Industrial (NYSE: GTES) CLO nets RSU shares after tax withholding

Rhea-AI Filing Summary

Gates Industrial Corp plc Chief Legal Officer Cristin C. Bracken reported vesting of time-based restricted stock units and related share movements. On February 28 and March 1, TBRSUs converted into a total of 16,930 ordinary shares at $0.00 per share.

To cover par value and tax withholding obligations tied to these vestings, Bracken disposed of 7,411 ordinary shares at $27.57 per share through share withholding transactions, not open-market sales. After these transactions, Bracken directly owned 164,315 ordinary shares and held TBRSUs subject to future vesting.

Insider Trade Summary

Net Buyer: 9,519 shares

Net Buy 6 txns

Insider Bracken Cristin C.

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Exercise	Time-Based Restricted Stock Units	9,734	$0.00	$0.00
Exercise	Ordinary Shares	9,734	$0.00	$0.00
Exercise Price or Tax Liability	Ordinary Shares	4,261	$27.57	$117K
Exercise	Time-Based Restricted Stock Units	7,196	$0.00	$0.00
Exercise	Ordinary Shares	7,196	$0.00	$0.00
Exercise Price or Tax Liability	Ordinary Shares	3,150	$27.57	$87K

Holdings After Transaction: Time-Based Restricted Stock Units — 34,345 shares (Direct); Ordinary Shares — 164,315 shares (Direct)

Footnotes (4)

1. F1. Represents time-based restricted stock units ("TBRSU") that vested on the anniversary of the grant date.
2. F2. Represents ordinary shares withheld to satisfy par value and certain tax withholding related obligations in connection with the vesting of previously granted TBRSUs.
3. F3. 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. F4. 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.

FAQ

What insider transactions did GTES Chief Legal Officer Cristin Bracken report?

Cristin Bracken reported RSU vesting and related share withholding. Time-based restricted stock units converted into ordinary shares, and some shares were withheld at $27.57 per share to cover par value and tax obligations, rather than being sold on the open market.

How many Gates Industrial (GTES) shares did Cristin Bracken acquire through RSU vesting?

Bracken acquired 16,930 ordinary shares through the vesting and conversion of time-based restricted stock units. These RSUs vested around the anniversary of their grant dates, consistent with the award terms described, and were settled at a stated price of $0.00 per share for the conversions.

How many Gates Industrial (GTES) shares were disposed of for tax withholding?

Bracken disposed of 7,411 ordinary shares via share withholding at $27.57 per share. These shares were withheld by the company to satisfy par value and certain tax withholding obligations arising from the vesting of previously granted time-based restricted stock units.

What is Cristin Bracken’s Gates Industrial (GTES) share ownership after these transactions?

Following the reported RSU vesting and tax-withholding dispositions, Bracken directly owns 164,315 ordinary shares of Gates Industrial Corp plc. She also continues to hold time-based restricted stock units that remain outstanding and subject to future vesting under the grant schedule.

How do Gates Industrial (GTES) time-based RSUs held by Cristin Bracken vest?

Bracken’s time-based restricted stock units vest in three substantially equal annual installments beginning on the first anniversary of the grant date. Each RSU represents a contingent right to receive one ordinary share, settled in shares, cash, or a combination, upon vesting.

Were Cristin Bracken’s Gates Industrial (GTES) share dispositions open-market sales?

The reported dispositions were not open-market sales. Shares were withheld at $27.57 per share to satisfy par value and tax withholding obligations tied to RSU vesting, reflecting a tax-withholding disposition rather than a discretionary sale on the stock market.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/03/2026 - 06:32 PM Learn about SEC filing dates

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 CO 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)
02/28/2026

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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	02/28/2026		M		7,196	A	$0(1)	161,992	D
Ordinary Shares	02/28/2026		F(2)		3,150	D	$27.57	158,842	D
Ordinary Shares	03/01/2026		M		9,734	A	$0(1)	168,576	D
Ordinary Shares	03/01/2026		F(2)		4,261	D	$27.57	164,315	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Time-Based Restricted Stock Units	(3)	02/28/2026		M			7,196	(4)	(4)	Ordinary Shares	7,196	$0	44,079	D
Time-Based Restricted Stock Units	(3)	03/01/2026		M			9,734	(4)	(4)	Ordinary Shares	9,734	$0	34,345	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	03/03/2026
	** 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.