Gates Industrial director reports small share withholding
Gates Industrial Corp plc director Neely S. Wilson reported an automatic tax-related share disposition.
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Rhea-AI Filing Summary
Gates Industrial Corp plc director Neely S. Wilson reported an automatic tax-related share disposition. On February 28, 2026, the company withheld 3 Ordinary Shares at $27.57 per share to cover par value upon vesting of previously granted time-based restricted stock units under U.K. corporate law.
After this withholding, Wilson directly owned 123,101 Ordinary Shares. In addition, Form 4 reports indirect ownership of 6,000 Ordinary Shares held by a trust and 5,952 Ordinary Shares held by a spouse.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 3 | $27.57 | $82.71 |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Neely S. Wilson report at Gates Industrial (GTES)?
Was the Gates Industrial (GTES) Form 4 transaction an open-market sale?
What indirect Gates Industrial (GTES) holdings are reported for Neely S. Wilson?
What does transaction code F mean in the Gates Industrial (GTES) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.