Form 4: TSMC VP Ku Yao-Ching Acquires Shares

TSMC VP Ku Yao-Ching acquired 48 common shares through the company's ESPP on June 5, 2026.

Summary

• Ku Yao-Ching, VP of Taiwan Semiconductor Manufacturing Co. Ltd. (TSM), acquired 48 common shares on June 5, 2026.
• The acquisition was made through the issuer's Employee Stock Purchase Plan (ESPP) at a price of $76.01 per share.
• This transaction was executed under a pre-determined plan intended to satisfy Rule 10b5-1(c) affirmative defense conditions.
• Following this transaction, Ku Yao-Ching beneficially owns 30,851 shares directly and additional shares indirectly through an ESPP Trust, spouse, and Wei Liang Asset Management Co. Ltd.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine transaction by a company executive through an established employee stock purchase plan.

Positives

• VP Ku Yao-Ching's participation in the ESPP indicates continued investment and confidence in the company.
• The transaction was made under a Rule 10b5-1(c) plan, suggesting a pre-planned and non-insider trading activity.

Future Outlook

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

Industry Context

StockSavvy.ai notes that insider transactions, particularly through employee stock purchase plans, are common within the semiconductor industry as a way for employees to invest in their company's growth.

Stakeholder Impact

• Shareholders: The acquisition by a VP through an ESPP is a standard event and unlikely to have a significant direct impact on share price, but it can be seen as a positive signal of insider confidence.

Key Dates

Keywords

TSMC, Ku Yao-Ching, Form 4, Insider Trading, ESPP, Share Acquisition, Beneficial Ownership, Taiwan Semiconductor Manufacturing Co.