Form 4: Gates Industrial Corp PLC Executive Pitstick Thomas G. Reports Stock Transactions
SEC Form 4 Filing
Thomas G. Pitstick, Pres. APAC & Global Strategy at Gates Industrial Corp PLC, reports acquisition and disposal of ordinary shares related to vesting of time-based restricted stock units.
Summary
- On February 25, 2024, Thomas G. Pitstick acquired 8,844 ordinary shares through the vesting of time-based restricted stock units (TBRSUs) at a price of $0.00.
- Also on February 25, 2024, 2,547 ordinary shares were disposed of at $14.64 to cover par value and tax obligations related to the vesting of TBRSUs.
- On February 26, 2024, Pitstick acquired 3,423 ordinary shares through TBRSU vesting at $0.00.
- Additionally, on February 26, 2024, 984 ordinary shares were disposed of at $14.64 for par value and tax obligations.
- Following these transactions, Pitstick directly owns 75,684 ordinary shares and 92,111 Time-Based Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating routine transactions related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/25/2024 | Vesting of 8,844 TBRSUs and disposal of 2,547 shares for tax obligations. |
| 02/26/2024 | Vesting of 3,423 TBRSUs and disposal of 984 shares for tax obligations. |
| 02/27/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.