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Gates Industrial (GTES) director Neely Wilson receives 6,097-share equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Gates Industrial Corp plc director Neely S. Wilson received an equity award of 6,097 ordinary shares on March 4, 2026. The award is in the form of time-based restricted stock units that vest on the first anniversary of the grant, with each unit representing the right to receive one ordinary share at vesting and no cash exercise price.

After this grant, Wilson directly holds 129,198 ordinary shares. The disclosure also notes additional indirect ownership of ordinary shares held by a trust and by a spouse, reported separately from Wilson’s direct holdings.

Positive

  • None.

Negative

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Insider Neely Wilson S
Role Director
Type Security Shares Price Value
Grant/Award Ordinary Shares 6,097 $0.00 --
holding Ordinary Shares -- -- --
holding Ordinary Shares -- -- --
Holdings After Transaction: Ordinary Shares — 129,198 shares (Direct); Ordinary Shares — 6,000 shares (Indirect, By Trust)
Footnotes (1)
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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*
Neely Wilson S

(Last) (First) (Middle)
C/O GATES INDUSTRIAL CORPORATION PLC
1144 FIFTEENTH STREET, 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)
X Director 10% Owner
Officer (give title below) Other (specify below)
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)
Code V Amount (A) or (D) Price
Ordinary Shares 03/04/2026 A 6,097(1) A $0 129,198 D
Ordinary Shares 6,000 I By Trust
Ordinary Shares 5,952 I By spouse
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
Explanation of Responses:
1. Represents time-based restricted stock units ("TBRSU") which, subject to the applicable award agreement, vest on the first anniversary date of the grant. Each TBRSU represents a contingent right to receive one share of the issuer ordinary shares.
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.

FAQ

What insider transaction did GTES director Neely S. Wilson report on this Form 4?

Neely S. Wilson reported receiving an equity award of 6,097 Gates Industrial ordinary shares. The award consists of time-based restricted stock units that convert into shares at vesting, reflecting non-cash compensation rather than an open-market stock purchase or sale.

How many Gates Industrial (GTES) shares does Neely S. Wilson hold after the reported award?

Following the award, Neely S. Wilson directly holds 129,198 ordinary shares of Gates Industrial. The filing also reports separate indirect holdings through a trust and a spouse, indicating additional ownership interests beyond the directly held share position.

What are the terms of the time-based restricted stock units granted to GTES director Neely S. Wilson?

The time-based restricted stock units granted to Neely S. Wilson vest on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one Gates Industrial ordinary share upon vesting, with no stated purchase price per share.

Did Neely S. Wilson buy or sell Gates Industrial (GTES) shares on the open market?

The Form 4 shows a grant or award acquisition of 6,097 ordinary shares via restricted stock units, with a price per share of zero. This indicates equity compensation rather than an open-market stock purchase or sale transaction in Gates Industrial shares.

How are indirect holdings for Neely S. Wilson in Gates Industrial (GTES) reported?

Indirect holdings for Neely S. Wilson are reported separately as shares held by a trust and by a spouse. These entries reflect ownership attributed to related parties, distinct from the director’s directly owned 129,198 ordinary shares disclosed in the same Form 4.