Gates Industrial (GTES) director has 4 shares withheld for RSU vesting

Rhea-AI Filing Summary

Gates Industrial Corp plc director Joseph S. Cantie reported a small tax-related share disposition. On the transaction date, 4 ordinary shares were withheld at a value of $22.11 per share to satisfy par value obligations tied to vesting of previously granted time-based restricted stock units under U.K. corporate law.

Following this withholding, Cantie directly holds 13,964 ordinary shares. This was a tax-withholding disposition rather than an open-market sale, reflecting routine administration of equity compensation rather than a discretionary trade.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider CANTIE JOSEPH S

Role Director

Type	Security	Shares	Price	Value
Tax Withholding	Ordinary Shares	4	$22.11	$88.44

Holdings After Transaction: Ordinary Shares — 13,964 shares (Direct)

Footnotes (1)

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Key Figures

Shares withheld: 4 ordinary shares Per-share value: $22.11 per share Shares held after: 13,964 ordinary shares +1 more

4 metrics

Shares withheld 4 ordinary shares Tax-withholding disposition tied to TBRSU vesting

Per-share value $22.11 per share Value used for withheld ordinary shares

Shares held after 13,964 ordinary shares Direct holdings after tax-withholding event

Tax-withholding shares 4 shares transactionSummary taxWithholdingShares

Key Terms

time-based restricted stock units (TBRSUs), tax-withholding disposition, Ordinary Shares, Form 4

4 terms

time-based restricted stock units (TBRSUs) financial

"vesting of previously granted time-based restricted stock units (TBRSUs) in accordance with U.K. corporate law"

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Ordinary Shares financial

""security_title": "Ordinary Shares""

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

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^*

CANTIE JOSEPH S

(Last) (First) (Middle)

C/O GATES INDUSTRIAL CORPORATION PLC

1144 FIFTEENTH, SUITE 1400

(Street)

DENVER COLORADO 80202

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	03/30/2026		F		4(1)	D	$22.11	13,964	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 ordinary shares withheld by the Company to satisfy payment of par value upon vesting of previously granted time-based restricted stock units (TBRSUs) in accordance with U.K. corporate law.

Remarks:

	/s/ Hillary Barrett-Osborne as Attorney-in-Fact	03/31/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Gates Industrial (GTES) director Joseph S. Cantie report in this Form 4?

Joseph S. Cantie reported that 4 ordinary shares of Gates Industrial were disposed of to cover obligations tied to equity compensation vesting, leaving him with 13,964 ordinary shares held directly after the transaction.

Was the Gates Industrial (GTES) Form 4 transaction an open-market sale?

No. The Form 4 shows a tax-withholding disposition, not an open-market sale. The company withheld 4 ordinary shares to satisfy par value obligations associated with vesting time-based restricted stock units under U.K. corporate law.

How many Gates Industrial (GTES) shares were involved in the tax-withholding event?

The tax-related event involved 4 ordinary shares at a value of $22.11 per share. These shares were withheld by the company to meet par value obligations when previously granted time-based restricted stock units vested.

How many Gates Industrial (GTES) shares does Joseph S. Cantie hold after this Form 4 transaction?

After the tax-withholding disposition, Joseph S. Cantie directly holds 13,964 ordinary shares of Gates Industrial. This figure reflects his position following the withholding of 4 shares tied to vesting of time-based restricted stock units.

What is the significance of the F code in the Gates Industrial (GTES) Form 4?

The transaction used code F, indicating payment of tax or par value obligations by delivering securities. Here, 4 ordinary shares were withheld by the company upon vesting of time-based restricted stock units, rather than sold in the open market.