AG˹ٷ

STOCK TITAN

[Form 4] Gates Industrial Corporation plc Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

GTES Form 4 (filed 29-Jul-25) details Chief Financial Officer Lawrence B. Mallard’s 27-Jul-25 equity transactions.

  • RSU conversion: 39,461 time-based restricted stock units (TBRSUs) were converted into an equal number of ordinary shares (Transaction Code M, price $0.00).
  • Withholding for taxes: 17,273 of the newly issued shares were automatically withheld (Code F) at $25.31 to cover par value and tax obligations.
  • Net result: Mallard’s direct ownership increased by 22,188 shares to 199,815 ordinary shares.
  • Remaining equity incentives: 85,530 unvested TBRSUs continue to vest in roughly equal annual tranches.

No open-market purchases or sales occurred; activity stems from routine vesting of previously granted equity.

Modulo GTES 4 (presentato il 29-lug-25) riporta le transazioni azionarie del Chief Financial Officer Lawrence B. Mallard del 27-lug-25.

  • Conversione RSU: 39.461 unità azionarie vincolate basate sul tempo (TBRSU) sono state convertite in un numero uguale di azioni ordinarie (Codice Transazione M, prezzo $0,00).
  • Ritenuta per tasse: 17.273 delle azioni appena emesse sono state automaticamente trattenute (Codice F) a $25,31 per coprire il valore nominale e le imposte dovute.
  • Risultato netto: la proprietà diretta di Mallard è aumentata di 22.188 azioni, raggiungendo 199.815 azioni ordinarie.
  • Incentivi azionari residui: 85.530 TBRSU non maturate continueranno a maturare in tranche annuali approssimativamente uguali.

Non si sono verificate compravendite sul mercato aperto; l’attività deriva dal normale maturare delle azioni precedentemente assegnate.

Formulario GTES 4 (presentado el 29-jul-25) detalla las transacciones de acciones del Director Financiero Lawrence B. Mallard del 27-jul-25.

  • Conversión de RSU: 39,461 unidades de acciones restringidas basadas en tiempo (TBRSU) se convirtieron en un número igual de acciones ordinarias (Código de Transacción M, precio $0.00).
  • Retención para impuestos: 17,273 de las acciones recién emitidas fueron retenidas automáticamente (Código F) a $25.31 para cubrir el valor nominal y obligaciones fiscales.
  • Resultado neto: la propiedad directa de Mallard aumentó en 22,188 acciones a 199,815 acciones ordinarias.
  • Incentivos de capital restantes: 85,530 TBRSU no adquiridas continúan adquiriéndose en tramos anuales aproximadamente iguales.

No hubo compras o ventas en el mercado abierto; la actividad proviene de la adquisición rutinaria de acciones previamente otorgadas.

GTES 양식 4 (2025� 7� 29� 제출)은 최고재무책임� 로렌� B. 말라드의 2025� 7� 27� 주식 거래 내역� 상세� 기록합니�.

  • RSU 전환: 39,461개의 시간 기반 제한 주식 단위(TBRSU)가 동일� 수의 보통주로 전환되었습니�(거래 코드 M, 가� $0.00).
  • 세금 원천징수: 새로 발행� 주식 � 17,273주가 자동으로 원천징수(코드 F)되어 액면가 � 세금 의무� 충당했습니다(주당 $25.31).
  • � 결과: 말라드의 직접 보유 주식� 22,188� 증가하여 � 199,815 보통�가 되었습니�.
  • 남은 주식 인센티브: 85,530개의 미확� TBRSU가 대� 동일� 연간 분할� 계속 확정� 예정입니�.

공개 시장에서� 매수 또는 매도� 없었으며, 활동은 이전� 부여된 주식� 정기적인 확정에서 비롯되었습니�.

Formulaire GTES 4 (déposé le 29 juil. 25) détaille les transactions d’actions du Directeur Financier Lawrence B. Mallard du 27 juil. 25.

  • Conversion RSU : 39 461 unités d’actions restreintes basées sur le temps (TBRSU) ont été converties en un nombre égal d’actions ordinaires (Code transaction M, prix 0,00 $).
  • Retenue pour impôts : 17 273 des actions nouvellement émises ont été automatiquement retenues (Code F) à 25,31 $ pour couvrir la valeur nominale et les obligations fiscales.
  • Résultat net : la détention directe de Mallard a augmenté de 22 188 actions pour atteindre 199 815 actions ordinaires.
  • Incentives en actions restantes : 85 530 TBRSU non acquises continuent de s’acquérir en tranches annuelles à peu près égales.

Aucun achat ou vente sur le marché ouvert n’a eu lieu ; l’activité provient de l’acquisition régulière d’actions précédemment attribuées.

GTES Formular 4 (eingereicht am 29. Juli 2025) beschreibt die Aktiengeschäfte von Chief Financial Officer Lawrence B. Mallard am 27. Juli 2025.

  • RSU-Umwandlung: 39.461 zeitgebundene Restricted Stock Units (TBRSUs) wurden in die gleiche Anzahl von Stammaktien umgewandelt (Transaktionscode M, Preis 0,00 $).
  • Steuerabzug: 17.273 der neu ausgegebenen Aktien wurden automatisch einbehalten (Code F) zu 25,31 $ zur Deckung des Nennwerts und der Steuerpflichten.
  • Nettoergebnis: Mallards direkte Beteiligung stieg um 22.188 Aktien auf 199.815 Stammaktien.
  • Verbleibende Aktienanreize: 85.530 nicht unverfallbare TBRSUs werden weiterhin in etwa gleichmäßigen jährlichen Tranchen unverfallbar.

Es fanden keine Käufe oder Verkäufe am offenen Markt statt; die Aktivität resultiert aus der routinemäßigen Vesting zuvor gewährter Aktien.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine RSU vesting—CFO nets +22k shares; no cash sale—neutral corporate signal.

The filing shows an automatic conversion of vested TBRSUs, followed by share withholding for tax liabilities. Mallard’s stake rises to ~200k shares, suggesting continued alignment with shareholders, but there is no discretionary open-market buying. Remaining 85.5k TBRSUs keep future equity incentives intact. From a market-impact perspective this is standard compensation-related activity and should not materially alter the investment thesis for GTES.

Modulo GTES 4 (presentato il 29-lug-25) riporta le transazioni azionarie del Chief Financial Officer Lawrence B. Mallard del 27-lug-25.

  • Conversione RSU: 39.461 unità azionarie vincolate basate sul tempo (TBRSU) sono state convertite in un numero uguale di azioni ordinarie (Codice Transazione M, prezzo $0,00).
  • Ritenuta per tasse: 17.273 delle azioni appena emesse sono state automaticamente trattenute (Codice F) a $25,31 per coprire il valore nominale e le imposte dovute.
  • Risultato netto: la proprietà diretta di Mallard è aumentata di 22.188 azioni, raggiungendo 199.815 azioni ordinarie.
  • Incentivi azionari residui: 85.530 TBRSU non maturate continueranno a maturare in tranche annuali approssimativamente uguali.

Non si sono verificate compravendite sul mercato aperto; l’attività deriva dal normale maturare delle azioni precedentemente assegnate.

Formulario GTES 4 (presentado el 29-jul-25) detalla las transacciones de acciones del Director Financiero Lawrence B. Mallard del 27-jul-25.

  • Conversión de RSU: 39,461 unidades de acciones restringidas basadas en tiempo (TBRSU) se convirtieron en un número igual de acciones ordinarias (Código de Transacción M, precio $0.00).
  • Retención para impuestos: 17,273 de las acciones recién emitidas fueron retenidas automáticamente (Código F) a $25.31 para cubrir el valor nominal y obligaciones fiscales.
  • Resultado neto: la propiedad directa de Mallard aumentó en 22,188 acciones a 199,815 acciones ordinarias.
  • Incentivos de capital restantes: 85,530 TBRSU no adquiridas continúan adquiriéndose en tramos anuales aproximadamente iguales.

No hubo compras o ventas en el mercado abierto; la actividad proviene de la adquisición rutinaria de acciones previamente otorgadas.

GTES 양식 4 (2025� 7� 29� 제출)은 최고재무책임� 로렌� B. 말라드의 2025� 7� 27� 주식 거래 내역� 상세� 기록합니�.

  • RSU 전환: 39,461개의 시간 기반 제한 주식 단위(TBRSU)가 동일� 수의 보통주로 전환되었습니�(거래 코드 M, 가� $0.00).
  • 세금 원천징수: 새로 발행� 주식 � 17,273주가 자동으로 원천징수(코드 F)되어 액면가 � 세금 의무� 충당했습니다(주당 $25.31).
  • � 결과: 말라드의 직접 보유 주식� 22,188� 증가하여 � 199,815 보통�가 되었습니�.
  • 남은 주식 인센티브: 85,530개의 미확� TBRSU가 대� 동일� 연간 분할� 계속 확정� 예정입니�.

공개 시장에서� 매수 또는 매도� 없었으며, 활동은 이전� 부여된 주식� 정기적인 확정에서 비롯되었습니�.

Formulaire GTES 4 (déposé le 29 juil. 25) détaille les transactions d’actions du Directeur Financier Lawrence B. Mallard du 27 juil. 25.

  • Conversion RSU : 39 461 unités d’actions restreintes basées sur le temps (TBRSU) ont été converties en un nombre égal d’actions ordinaires (Code transaction M, prix 0,00 $).
  • Retenue pour impôts : 17 273 des actions nouvellement émises ont été automatiquement retenues (Code F) à 25,31 $ pour couvrir la valeur nominale et les obligations fiscales.
  • Résultat net : la détention directe de Mallard a augmenté de 22 188 actions pour atteindre 199 815 actions ordinaires.
  • Incentives en actions restantes : 85 530 TBRSU non acquises continuent de s’acquérir en tranches annuelles à peu près égales.

Aucun achat ou vente sur le marché ouvert n’a eu lieu ; l’activité provient de l’acquisition régulière d’actions précédemment attribuées.

GTES Formular 4 (eingereicht am 29. Juli 2025) beschreibt die Aktiengeschäfte von Chief Financial Officer Lawrence B. Mallard am 27. Juli 2025.

  • RSU-Umwandlung: 39.461 zeitgebundene Restricted Stock Units (TBRSUs) wurden in die gleiche Anzahl von Stammaktien umgewandelt (Transaktionscode M, Preis 0,00 $).
  • Steuerabzug: 17.273 der neu ausgegebenen Aktien wurden automatisch einbehalten (Code F) zu 25,31 $ zur Deckung des Nennwerts und der Steuerpflichten.
  • Nettoergebnis: Mallards direkte Beteiligung stieg um 22.188 Aktien auf 199.815 Stammaktien.
  • Verbleibende Aktienanreize: 85.530 nicht unverfallbare TBRSUs werden weiterhin in etwa gleichmäßigen jährlichen Tranchen unverfallbar.

Es fanden keine Käufe oder Verkäufe am offenen Markt statt; die Aktivität resultiert aus der routinemäßigen Vesting zuvor gewährter Aktien.

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).
1. Name and Address of Reporting Person*
Mallard Lawrence B

(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 Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/27/2025
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 07/27/2025 M 39,461 A $0.00(1) 217,088 D
Ordinary Shares 07/27/2025 F(2) 17,273 D $25.31 199,815 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
Time-Based Restricted Stock Units (3) 07/27/2025 M 39,461 (4) (4) Ordinary Shares 39,461 $0.00 85,530 D
Explanation of Responses:
1. Represents time-based restricted stock units ("TBRSU") that vested on the anniversary of the grant date.
2. Represents ordinary shares withheld to satisfy par value and certain tax withholding related obligations in connection with the vesting of previously granted TBRSUs.
3. Each 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).
4. 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.
/s/ Hillary Barrett-Osborne as attorney-in-fact 07/29/2025
** 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

How many GTES shares did the CFO acquire on 27-Jul-25?

He received 39,461 shares from RSU vesting and retained 22,188 after tax withholding.

What is Lawrence B. Mallard’s current GTES shareholding?

Following the transactions he directly owns 199,815 ordinary shares.

Were any GTES shares sold for cash in this Form 4?

No open-market sales occurred; shares were withheld solely for taxes at $25.31.

How many unvested RSUs does the CFO still hold?

He retains 85,530 time-based RSUs subject to future vesting.

Does this insider activity materially impact GTES stock?

It appears routine and neutral, stemming from scheduled equity vesting rather than discretionary trading.
Gates Industrial

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6.46B
253.16M
1.15%
109.87%
2.91%
Specialty Industrial Machinery
General Industrial Machinery & Equipment
United States
DENVER