Bracken Cristin C. 4

4 · Gates Industrial Corp plc · Filed Mar 6, 2026

AI-generated summary of this filing

Updated Mar 6, 2026

GTES Chief Legal Officer Cristin Bracken Exercises RSUs

What Happened

Cristin C. Bracken, Chief Legal Officer of Gates Industrial (GTES), had time‑based restricted stock units (TBRSUs) vest on March 4, 2026. 9,975 TBRSUs converted into 9,975 ordinary shares. To satisfy par value and tax withholding obligations, 4,367 shares were withheld at $26.37 per share, totaling $115,158. The filing also shows 18,429 TBRSUs outstanding that remain subject to future vesting.

Key Details

Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (timely filing).
Actions reported: M (exercise/conversion of derivative/TBRSUs), F (shares withheld for tax/par value), A (grant/award or TBRSUs outstanding).
Shares acquired via conversion: 9,975 shares at $0 exercise price (TBRSU conversion).
Shares withheld/disposed for taxes: 4,367 shares at $26.37 each = $115,158.
TBRSUs outstanding after the transaction: 18,429 units (subject to future vesting per filing).
Footnotes: TBRSUs vested on the grant anniversary; each TBRSU equals a contingent right to one ordinary share and may be settled in shares or cash; the grant vests in three substantially equal annual installments.
Filing does not indicate an open‑market sale—the withheld shares were used to meet tax/par obligations (routine withholding).

Context

This was a vesting/conversion and tax‑withholding event (a cashless settlement-style withholding), not a discretionary open‑market sale or purchase. Such withholding is standard when RSUs/TBRSUs vest and does not by itself signal insider buying or selling intent.

Form 4

Period: 2026-03-04

Chief Legal Officer

Transactions

Exercise/Conversion
Ordinary Shares
[F1]
2026-03-04+9,975→ 174,290 total
Tax Payment
Ordinary Shares
[F2]
2026-03-04$26.37/sh−4,367$115,158→ 169,923 total
Exercise/Conversion
Time-Based Restricted Stock Units
[F3][F4]
2026-03-04−9,975→ 24,370 total
→ Ordinary Shares (9,975 underlying)
Award
Time-Based Restricted Stock Units
[F3][F4]
2026-03-04+18,429→ 42,799 total
→ Ordinary Shares (18,429 underlying)

Footnotes (4)

[F1]Represents time-based restricted stock units ("TBRSU") that vested on the anniversary of the grant date.
[F2]Represents ordinary shares withheld to satisfy par value and certain tax withholding related obligations in connection with the vesting of previously granted TBRSUs.
[F3]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).
[F4]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.

Signature

/s/ Hillary Barrett-Osborne as Attorney-in-Fact|2026-03-06

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