Form 4: TSMC Executive Reports Stock Transactions

TSMC's EVP and Co-COO, Chin Yung-Pei, reported transactions involving the acquisition of common shares through the company's Employee Stock Purchase Plan and Long-Term Incentive Bonus Plan.

Summary

• Chin Yung-Pei, Executive Vice President and Co-Chief Operating Officer of Taiwan Semiconductor Manufacturing Co. Ltd. (TSM), has reported transactions related to company stock.
• On July 7, 2026, 69 common shares were acquired at a price of $76.62 per share, purchased by the administrator of the issuer's Employee Stock Purchase Plan (ESPP) on behalf of the filer.
• The reported purchase price of $76.62 is a translation from the average purchase price of NT$2,462.6361 in New Taiwan dollars, using an exchange rate of NT$32.143 to US$1.
• Following these transactions, the filer's beneficial ownership includes 8,363 shares held indirectly through the ESPP Trust, 63,345 shares held indirectly by an LTI Trust, and 4,190,107 shares held indirectly by their spouse.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it reports routine stock transactions by an executive through established company plans rather than significant personal investment or divestment decisions.

Positives

• The reporting person is actively participating in the company's stock purchase and incentive plans, indicating continued investment and alignment with the company's performance.
• Acquisition of shares through ESPP and LTI plans suggests a commitment to long-term value creation and employee engagement.

Negatives

• The filing does not provide information on the overall financial performance or strategic direction of the company, limiting the assessment of the impact of these transactions.

Risks

• The filing does not explicitly mention any risks associated with these transactions.

Future Outlook

No forward-looking statements or guidance are provided in this filing.

Industry Context

StockSavvy.ai notes that insider stock transactions, particularly through employee plans, are common within the semiconductor industry as a means of aligning executive interests with shareholder value and retaining talent in a competitive market.

Stakeholder Impact

• Shareholders: The transactions reflect executive participation in company stock plans, which can be seen as a positive sign of management confidence, but do not represent a significant change in overall ownership structure.
• Employees: The filing highlights the existence and utilization of the Employee Stock Purchase Plan and Long-Term Incentive Bonus Plan, reinforcing their availability to employees.
• Management: The reporting person continues to hold and acquire company stock through various plans.

Next Steps

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

Key Dates

Keywords

TSMC, Form 4, Insider Trading, Stock Transaction, Employee Stock Purchase Plan, Long-Term Incentive Plan, Beneficial Ownership, Semiconductor, Taiwan Semiconductor Manufacturing Co.