Gates Industrial (GTES) director logs tax-related share withholding on RSU vesting

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

3 transactions reported

Mixed 3 txns

Insider Neely Wilson S

Role Director

Type	Security	Shares	Price	Value
Tax Withholding	Ordinary Shares	3	$27.57	$82.71
holding	Ordinary Shares	--	--	--
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 123,101 shares (Direct); Ordinary Shares — 6,000 shares (Indirect, By Trust)

Footnotes (1)

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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^*

Neely Wilson S

(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)
02/28/2026

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	02/28/2026		F		3(1)	D	$27.57	123,101	D
Ordinary Shares								6,000	I	By Trust
Ordinary Shares								5,952	I	By spouse

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	03/03/2026
	** 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 Neely S. Wilson report at Gates Industrial (GTES)?

Neely S. Wilson reported a small, automatic tax-related share disposition. The company withheld 3 Ordinary Shares to satisfy par value when previously granted time-based restricted stock units vested, as required under U.K. corporate law.

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

The filing shows 3 Ordinary Shares were withheld. These shares were retained by the company at a price of $27.57 per share to cover par value obligations tied to the vesting of time-based restricted stock units.

How many Gates Industrial (GTES) shares does Neely S. Wilson own after the transaction?

After the tax-related withholding, Wilson directly owned 123,101 Ordinary Shares. The Form 4 also reports indirect ownership of 6,000 shares held by a trust and 5,952 shares held by a spouse, in addition to the direct holdings.

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

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. The company withheld 3 Ordinary Shares to satisfy par value obligations associated with vesting restricted stock units, consistent with U.K. corporate law requirements.

What indirect Gates Industrial (GTES) holdings are reported for Neely S. Wilson?

The Form 4 reports indirect ownership of 6,000 Ordinary Shares held "By Trust" and 5,952 Ordinary Shares held "By spouse." These amounts reflect beneficial interests associated with related parties, separate from Wilson’s directly owned 123,101 shares.

What does transaction code F mean in the Gates Industrial (GTES) Form 4?

Transaction code F indicates a tax-withholding disposition. In this case, 3 Ordinary Shares were withheld by the company to satisfy payment of par value when previously granted time-based restricted stock units vested under U.K. corporate law.