STOCK TITAN
  1. Home
  2. Sec-filings
  3. GTES
  4. [Form 4] Gates Industrial Corp plc Insider Trading Activity

Gates Industrial (NYSE: GTES) director sells 11,000 common shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Zhang Peifang, a director of Gates Industrial Corp Ltd., reported selling a total of 11,000 common shares in open-market or private transactions on August 4-5, 2026 at prices of $29.56 and $29.76 per share. The shares are in New Gates, which became the parent holding company of Old Gates via a July 20, 2026 redomiciliation, and the sales were not made under a Rule 10b5-1 trading plan.

Positive

  • None.

Negative

  • None.
Insider Zhang Peifang
Role Director
Sold 11,000 shs ($326K)
Type Security Shares Price Value
Sale Common Shares F1 6,000 $29.56 $177K
Sale Common Shares F1 5,000 $29.76 $149K
Holdings After Transaction: Common Shares — 50,044 shares (Direct)
Footnotes (1)
  1. F1. On July 20, 2026, Gates Industrial Corporation Ltd. ("New Gates") became the successor issuer to Gates Industrial Corporation plc ("Old Gates") pursuant to a redomiciliation effected through a Scheme of Arrangement (the "Scheme"). The Scheme resulted in New Gates becoming the parent holding company of Old Gates and each Old Gates shareholder receiving one share of New Gates in exchange for one share of Old Gates (the "Exchange"), but did not alter the proportionate interests of such shareholders.
Shares sold on 2026-08-05 6,000 shares Common shares sold at $29.56 per share on August 5, 2026
Sale price on 2026-08-05 $29.56 per share Per-share price for 6,000 common shares sold on August 5, 2026
Shares sold on 2026-08-04 5,000 shares Common shares sold at $29.76 per share on August 4, 2026
Sale price on 2026-08-04 $29.76 per share Per-share price for 5,000 common shares sold on August 4, 2026
Total shares sold 11,000 shares Aggregate common shares sold across both reported transactions
Share exchange ratio one share of New Gates for one share of Old Gates Exchange terms under the Scheme of Arrangement on July 20, 2026
Redomiciliation date July 20, 2026 Date New Gates became successor issuer to Old Gates via Scheme of Arrangement
Scheme of Arrangement regulatory
"Redomiciliation was effected through a Scheme of Arrangement (the Scheme)."
A scheme of arrangement is a legal agreement between a company and its shareholders or creditors to reorganize or settle debts, often to avoid bankruptcy or make big changes. It’s like a carefully planned handshake that everyone agrees to, helping the company stay afloat or improve its financial health.
redomiciliation regulatory
"New Gates became the successor issuer to Old Gates pursuant to a redomiciliation."
Redomiciliation is when a company legally changes its country of incorporation while keeping the same business and assets, like moving a house to a new neighborhood but keeping the same furniture. Investors care because the company then follows a different set of laws and tax rules, which can change shareholder rights, reporting standards, dividend treatment and the ease of trading the stock, potentially affecting risk and return.
successor issuer regulatory
"Gates Industrial Corporation Ltd. became the successor issuer to Gates Industrial Corporation plc."
parent holding company financial
"The Scheme resulted in New Gates becoming the parent holding company of Old Gates."
proportionate interests financial
"The Exchange did not alter the proportionate interests of such shareholders."

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →

FAQ

What insider transactions did Gates Industrial (GTES) report for director Zhang Peifang?
Gates Industrial reported that director Zhang Peifang sold a total of 11,000 common shares on August 4-5, 2026 in open-market or private transactions, split across two trades at per-share prices of $29.56 and $29.76.

How many GTES shares did director Zhang Peifang sell, and at what prices?
Director Zhang Peifang sold 11,000 Gates Industrial common shares in two transactions: 6,000 shares at $29.56 per share on August 5, 2026 and 5,000 shares at $29.76 per share on August 4, 2026.

Were Zhang Peifang’s Gates Industrial (GTES) share sales made under a Rule 10b5-1 trading plan?
No. The Form 4’s Rule 10b5-1 checkbox is not marked, indicating these 11,000-share sales were not reported as being made under a Rule 10b5-1 or other pre-arranged trading plan.

What type of security did Zhang Peifang sell in Gates Industrial (GTES)?
The transactions involved Common Shares of Gates Industrial Corp Ltd. (New Gates). A footnote explains that shareholders received one New Gates share for each Old Gates share in a prior corporate reorganization, without changing proportionate ownership.

What corporate action preceded these insider sales at Gates Industrial (GTES)?
On July 20, 2026, a redomiciliation via a Scheme of Arrangement made Gates Industrial Corp Ltd. (New Gates) the successor issuer to Gates Industrial Corporation plc (Old Gates), with a one-for-one share exchange and no change in shareholder proportionate interests.
SEC Form 4
FORM 4UNITED 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*
Zhang Peifang
(Last)(First)(Middle)
C/O GATES INDUSTRIAL CORPORATION LTD.
1144 FIFTEENTH STREET, SUITE 1400
(Street)
DENVER COLORADO 80202
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Gates Industrial Corp Ltd. [ GTES ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/04/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Shares(1)08/04/2026S5,000D$29.7656,044D
Common Shares(1)08/05/2026S6,000D$29.5650,044D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On July 20, 2026, Gates Industrial Corporation Ltd. ("New Gates") became the successor issuer to Gates Industrial Corporation plc ("Old Gates") pursuant to a redomiciliation effected through a Scheme of Arrangement (the "Scheme"). The Scheme resulted in New Gates becoming the parent holding company of Old Gates and each Old Gates shareholder receiving one share of New Gates in exchange for one share of Old Gates (the "Exchange"), but did not alter the proportionate interests of such shareholders.
Remarks:
Exhibit List: Exhibit 24: Power of Attorney
/s/ Naomi Baez Amos, attorney-in-fact08/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR