Form 4: TSMC VP Bor-Zen Tien Acquires Shares
Statement of Changes in Beneficial Ownership
TSMC VP Bor-Zen Tien reported transactions involving the acquisition of company shares through the Employee Stock Purchase Plan.
Summary
- Bor-Zen Tien, VP of Taiwan Semiconductor Manufacturing Co. Ltd. (TSM), reported the acquisition of 43 American Depositary Shares (ADS) and 7 Common Shares on June 5, 2026.
- The ADS were acquired at a price of $76.01 per ADS, with each ADS representing five common shares.
- These acquisitions were made through the issuer's Employee Stock Purchase Plan (ESPP) under predetermined terms.
- The common shares were purchased by the ESPP administrator on behalf of Mr. Tien and a family member who is also a TSMC employee.
- Following these transactions, Mr. Tien beneficially owns 11,051 common shares directly and additional shares indirectly through the ESPP trust and a family member.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine insider transactions through an employee stock purchase plan rather than a significant strategic event.
Positives
- Insider acquisition of shares can signal confidence in the company's future prospects.
- Participation in the ESPP indicates continued employee engagement and investment in the company.
Future Outlook
No specific forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that insider purchases, particularly through employee stock purchase plans, are common in the semiconductor industry as a way to retain talent and align employee interests with shareholder value.
Stakeholder Impact
- Shareholders: The acquisition by a VP may be viewed positively as a sign of insider confidence, though the scale of the transaction is small relative to total outstanding shares.
- Employees: Participation in the ESPP reinforces employee investment in the company and can contribute to morale and retention.
Key Dates
| Date | Description |
|---|---|
| 06/05/2026 | Date of earliest transaction and acquisition of securities. |
| 06/09/2026 | Date of signature for the filing. |
Keywords
TSMC, Form 4, Insider Trading, Employee Stock Purchase Plan, ADS, Common Shares, Bor-Zen Tien, Semiconductor
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