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Gates Industrial (NYSE: GTES) awards 6,166 time-based RSUs to Chief Accounting Officer

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

Rhea-AI Filing Summary

Patouhas John reported acquisition or exercise transactions in this Form 4 filing.

Gates Industrial Corp plc reported that Chief Accounting Officer John Patouhas received a grant of 6,166 time-based restricted stock units on ordinary shares. Each unit represents a contingent right to one ordinary share and may be settled in shares, cash, or a combination.

The units vest in three substantially equal annual installments beginning on the first anniversary of the grant date. After this grant, Patouhas directly holds 17,696 time-based restricted stock units that remain subject to future vesting conditions.

Positive

  • None.

Negative

  • None.
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*
Patouhas John

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
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
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
Time-Based Restricted Stock Units (1) 03/04/2026 A 6,166 (2) (2) Ordinary Shares 6,166 $0 17,696 D
Explanation of Responses:
1. Each time-based restricted stock unit ("TBRSU") represents a contingent right to receive one share of the issuer ordinary shares. The TBRSUs will be settled in either ordinary shares or cash (or a combination thereof).
2. The reporting person was granted TBRSUs that vest in three substantially equal annual installments beginning on the first anniversary of the grant date. The number set forth in Column 9 reflects all TBRSUs outstanding subject to future vesting.
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 report for John Patouhas on this Form 4?

Gates Industrial Corp plc reported that Chief Accounting Officer John Patouhas received a grant of 6,166 time-based restricted stock units. This is a non-cash equity award that increases his contingent right to receive the company’s ordinary shares, subject to vesting conditions.

How many restricted stock units did GTES grant to Chief Accounting Officer John Patouhas?

John Patouhas received 6,166 time-based restricted stock units tied to Gates Industrial’s ordinary shares. These units add to his existing equity awards and are designed as long-term compensation, aligning his interests with shareholders as they vest over multiple years.

What is the vesting schedule for John Patouhas’s new GTES restricted stock units?

The 6,166 time-based restricted stock units vest in three substantially equal annual installments. Vesting begins on the first anniversary of the grant date, spreading the award over three years and encouraging retention while linking compensation to continued service at Gates Industrial Corp plc.

After this grant, how many restricted stock units does John Patouhas hold in GTES?

Following the grant, John Patouhas directly holds 17,696 time-based restricted stock units. This total represents all his outstanding units that remain subject to future vesting, reflecting his accumulated long-term equity compensation linked to Gates Industrial Corp plc’s ordinary shares.

What does each time-based restricted stock unit represent for GTES insiders?

Each time-based restricted stock unit represents a contingent right to receive one Gates Industrial ordinary share. The company may settle these units in ordinary shares, cash, or a combination, giving flexibility while still tying the award’s value to the company’s share performance over time.
Gates Industrial

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6.12B
246.92M
Specialty Industrial Machinery
General Industrial Machinery & Equipment
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United States
DENVER