Form 4: TSMC Executive Zhang Reports Stock Purchase

Kevin Xiaoqiang Zhang, SVP and Deputy Co-COO of Taiwan Semiconductor Manufacturing Co. Ltd. (TSM), reported a purchase of 61 common shares.

Summary

• Kevin Xiaoqiang Zhang, an officer of Taiwan Semiconductor Manufacturing Co. Ltd. (TSM), reported a transaction on July 7, 2026.
• The transaction involved the acquisition of 61 common shares at a price of $76.62 per share.
• These shares were purchased through the issuer's Employee Stock Purchase Plan (ESPP).
• Following this transaction, Mr. Zhang beneficially owns 7,223 common shares held indirectly through the ESPP trust.
• Additionally, he holds 20,190 common shares indirectly through the Long-Term Incentive (LTI) Bonus Plan trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine stock purchase by an executive through an established employee plan, rather than a significant strategic move or a large personal investment.

Positives

• Executive participation in employee stock purchase plans indicates confidence in the company's future.
• The purchase of shares by a senior executive can be seen as a positive signal to the market.

Future Outlook

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

Industry Context

StockSavvy.ai notes that insider purchases, particularly through employee stock purchase plans, are common within the semiconductor industry as a way for executives to align their interests with shareholders.

Stakeholder Impact

• Shareholders: The purchase by an executive may be viewed positively, signaling confidence in the company.

Key Dates

Keywords

TSM, TSMC, Form 4, insider trading, stock purchase, ESPP, LTI, Kevin Xiaoqiang Zhang, beneficial ownership