Gates Industrial (GTES) director reports 11,623-share RSU grant and over 1.0M held indirectly

Rhea-AI Filing Summary

SIMPKINS NEIL P reported acquisition or exercise transactions in this Form 4 filing.

Gates Industrial Corp plc director Neil P. Simpkins reported an equity award of 11,623 ordinary shares in the form of time-based restricted stock units. These TBRSUs vest on the first anniversary of the grant, and each unit represents a contingent right to receive one ordinary share.

After this award, Simpkins directly holds 42,809 ordinary shares. The filing also notes an additional 1,001,211 ordinary shares held indirectly "By LLC," for which he disclaims beneficial ownership except to the extent of his pecuniary interest.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider SIMPKINS NEIL P

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares	11,623	$0.00	--
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 42,809 shares (Direct); Ordinary Shares — 1,001,211 shares (Indirect, By LLC)

Footnotes (1)

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. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

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^*

SIMPKINS NEIL P

(Last) (First) (Middle)

C/O GATES INDUSTRIAL CORPORATION PLC

1144 FIFTEENTH, 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		11,623(1)	A	$0	42,809	D
Ordinary Shares								1,001,211	I	By LLC(2)

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.

2. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

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 Gates Industrial (GTES) report for Neil P. Simpkins?

Neil P. Simpkins reported acquiring 11,623 ordinary shares through time-based restricted stock units. These TBRSUs were granted at no stated price and increase his directly held stake to 42,809 ordinary shares after the award, according to the Form 4 disclosure.

How do the time-based restricted stock units for GTES director Neil P. Simpkins vest?

The time-based restricted stock units granted to Neil P. Simpkins vest on the first anniversary of the grant date. Each TBRSU represents a contingent right to receive one ordinary share of Gates Industrial, subject to the terms of the applicable award agreement.

How many Gates Industrial (GTES) shares does Neil P. Simpkins hold directly after this Form 4?

After the reported award, Neil P. Simpkins holds 42,809 ordinary shares directly. This total reflects the addition of 11,623 time-based restricted stock units that were granted and reported as an acquisition of ordinary shares in the Form 4 filing.

What indirect ownership in Gates Industrial (GTES) is reported for Neil P. Simpkins?

The Form 4 shows 1,001,211 ordinary shares held indirectly, noted as "By LLC." Simpkins disclaims beneficial ownership of these securities except to the extent of his pecuniary interest, indicating they are associated with an entity rather than held directly by him.

What does the beneficial ownership disclaimer mean in the GTES Form 4 for Neil P. Simpkins?

The disclaimer states that Neil P. Simpkins disclaims beneficial ownership of the indirectly held securities except for his pecuniary interest. This means he acknowledges only the economic interest he may have, while clarifying that the shares are otherwise attributed to the LLC entity.