Gates Industrial (GTES) director Neely Wilson receives 6,097-share equity award
Filing Impact
Filing Sentiment
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
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
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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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.
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.
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.