Form 4: TSM Executive Buys Shares Under ESPP and LTI Plan

Lu Lee-Chung, VP at Taiwan Semiconductor Manufacturing Co. (TSM), acquired common shares through the company's Employee Stock Purchase Plan and Long-Term Incentive Plan.

Summary

• Lu Lee-Chung, a Vice President at Taiwan Semiconductor Manufacturing Co. (TSM), reported the acquisition of common shares.
• The transactions occurred on April 9, 2026.
• A total of 276,716 common shares were acquired under the Employee Stock Purchase Plan (ESPP) at an average price of $57.87 per share (translated from NT$1,837.2789).
• An additional 6,227 shares were purchased and held under the ESPP.
• Furthermore, 7,036 shares were acquired through a trust funded by the Long-Term Incentive (LTI) Bonus Plan, over which the filer has investment control.
• 15,000 shares are held by a spouse.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine share acquisitions by an executive through established employee plans, which is standard practice and does not inherently signal a change in the company's outlook.

Positives

• Executive participation in employee stock purchase and long-term incentive plans indicates alignment with company performance and shareholder value.
• Acquisition of shares by a VP suggests confidence in the company's future prospects.

Future Outlook

No specific forward-looking statements or guidance were provided in this Form 4 filing.

Industry Context

StockSavvy.ai notes that insider purchases, particularly through employee plans, are common in the semiconductor industry as a way to retain talent and align executive interests with long-term company growth. This filing reflects standard practice for executives at major technology firms.

Stakeholder Impact

• Shareholders: The acquisition of shares by management through employee plans can be seen as a positive signal of confidence in the company's future, potentially reinforcing shareholder value.
• Employees: Participation in ESPP and LTI plans demonstrates the company's commitment to rewarding and retaining its workforce.

Key Dates

Keywords

TSM, Taiwan Semiconductor Manufacturing Co., Form 4, Insider Trading, Employee Stock Purchase Plan, Long-Term Incentive Plan, Share Acquisition, VP