Form 4: TSM Executive Reports Stock Transactions

Kevin Xiaoqiang Zhang, SVP and Deputy Co-COO of Taiwan Semiconductor Manufacturing Co. Ltd. (TSM), reported transactions involving common shares and American Depositary Shares.

Summary

• Kevin Xiaoqiang Zhang, an Officer of Taiwan Semiconductor Manufacturing Co. Ltd. (TSM), reported a transaction on May 8, 2026.
• The transaction involved the acquisition of 66 common shares (2330.TW) at a price of $71.82 per share, translated from NT$2,257.1777.
• Following this transaction, Mr. Zhang beneficially owns 7,100 common shares held indirectly through the ESPP Trust.
• Additionally, Mr. Zhang beneficially owns 20,190 common shares indirectly through the LTI Trust.
• The filing also notes that each American Depositary Share (ADS) represents five (5) Common Shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine insider transactions related to employee stock purchase and long-term incentive plans, without indicating significant positive or negative developments.

Positives

• The transaction indicates continued participation in the company's stock purchase plans, suggesting confidence in the company's future.
• The acquisition of shares through the ESPP and LTI plans demonstrates a commitment to long-term value creation for the company.

Negatives

• The filing does not contain any negative information.

Risks

• The filing does not explicitly mention any current issues or potential future challenges.

Future Outlook

The filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider transactions, such as those reported on Form 4, are common for executives in the semiconductor industry as part of compensation and investment strategies. These filings provide transparency into executive confidence and investment in their respective companies.

Stakeholder Impact

• Shareholders: Provides transparency into executive stock holdings and transactions, which can be a factor in investment decisions.
• Employees: The transactions relate to employee stock purchase and incentive plans, highlighting the company's approach to employee compensation and retention.

Next Steps

• Continued monitoring of insider transactions for any significant changes in beneficial ownership.

Key Dates

Keywords

TSM, Taiwan Semiconductor, Form 4, Insider Trading, Stock Transaction, ESPP, LTI Trust, Kevin Xiaoqiang Zhang, Beneficial Ownership