Ireland James W 4

What Happened James W. Ireland, a director of Gates Industrial Corp plc (GTES), was granted 6,097 time‑based restricted stock units (TBRSUs) on March 4, 2026. The grant is reported as an acquisition at $0.00 per unit (typical for RSU awards); the filing (Form 4) was submitted on March 6, 2026. This was a compensation award (grant), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-04; Form 4 filed: 2026-03-06.
• Grant: 6,097 TBRSUs; reported acquisition price $0.00; total consideration shown $0.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: TBRSUs vest on the first anniversary of the grant; each TBRSU is a contingent right to receive one ordinary share upon vesting.
• No 10b5-1, tax‑withholding or late‑filing indicator was provided in the excerpt.

Context TBRSUs are deferred compensation: the recipient receives shares only if and when the units vest (here, generally one year after grant). Such awards are common as part of director or executive pay and do not represent an immediate cash purchase or sale of shares. For investors, outright purchases or sales by insiders can be more directly informative of current sentiment; RSU grants mainly reflect compensation decisions and potential future dilution when they vest.