STOCK TITAN

Gates Industrial (GTES) director receives 6,097 time-based RSUs in equity grant

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

Rhea-AI Filing Summary

Zhang Peifang reported acquisition or exercise transactions in this Form 4 filing.

Gates Industrial Corp plc director Zhang Peifang received an equity award of 6,097 ordinary shares in the form of time-based restricted stock units (TBRSUs). According to the grant, these TBRSUs vest on the first anniversary of the grant date, with each unit representing a contingent right to receive one ordinary share. After this award, Zhang beneficially owns 61,044 ordinary shares directly.

Positive

  • None.

Negative

  • None.
Insider Zhang Peifang
Role Director
Type Security Shares Price Value
Grant/Award Ordinary Shares 6,097 $0.00 --
Holdings After Transaction: Ordinary Shares — 61,044 shares (Direct)
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*
Zhang Peifang

(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 61,044 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
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 Zhang Peifang report on Form 4?

Zhang Peifang reported receiving an equity award of 6,097 ordinary shares of Gates Industrial Corp plc. The shares were granted as time-based restricted stock units, which vest on the first anniversary of the grant date, increasing Zhang’s direct beneficial ownership to 61,044 ordinary shares.

How many Gates Industrial (GTES) shares does Zhang Peifang own after this award?

After this grant, Zhang Peifang beneficially owns 61,044 ordinary shares of Gates Industrial Corp plc. This total reflects the addition of 6,097 time-based restricted stock units awarded in the reported transaction, held as direct ownership as indicated in the Form 4 filing details.

What are time-based restricted stock units (TBRSUs) in the GTES Form 4 filing?

The filing describes TBRSUs as time-based restricted stock units that vest on the first anniversary of the grant date. Each TBRSU represents a contingent right to receive one ordinary share of Gates Industrial Corp plc, subject to the terms of the applicable award agreement.

Was the GTES Form 4 transaction a market purchase or a grant?

The transaction was reported as a grant or award acquisition of 6,097 ordinary shares, not a market purchase. The shares are in the form of time-based restricted stock units with a vesting schedule, and the per-share transaction price is indicated as 0.0000 in the filing.

Is Zhang Peifang’s GTES ownership direct or indirect after this transaction?

The Form 4 indicates that Zhang Peifang’s ownership is direct, coded as “D” for direct ownership. Following the grant of 6,097 time-based restricted stock units, the total directly held ordinary shares of Gates Industrial Corp plc is reported as 61,044.

When do the granted GTES TBRSUs reported by Zhang Peifang vest?

The time-based restricted stock units granted to Zhang Peifang vest on the first anniversary of the grant date. Once vested, each TBRSU entitles the holder to receive one ordinary share of Gates Industrial Corp plc, as specified in the award description.