CANTIE JOSEPH S 4

What Happened
Joseph S. Cantie, a director of Gates Industrial Corp plc (GTES), received a grant of 6,097 time‑based restricted stock units (TBRSUs) on March 4, 2026. The award was recorded at $0.00 per unit (no cash paid at grant); reported value at grant is $0 because the units are contingent on future vesting.

Key Details

• Transaction date: 2026-03-04; SEC filing date: 2026-03-06.
• Grant: 6,097 TBRSUs; grant price reported as $0.00; aggregate cash value at grant shown as $0.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: Each TBRSU vests on the first anniversary of the grant and represents a contingent right to receive one ordinary share upon vesting.
• No indication in the filing of a 10b5-1 plan, tax withholding sale, or late filing in the provided data.

Context
TBRSU awards are a common form of executive/director compensation and only convert to shares if vesting conditions are met; they are not an immediate purchase of stock. Such grants are routine and do not by themselves signal insider buying or selling until units vest and shares are delivered or sold.