Form 4: TSMC VP Liaw Yung-Haw Acquires Shares

TSMC VP Liaw Yung-Haw reports a transaction involving the acquisition of common shares through the company's Employee Stock Purchase Plan.

Summary

• Yung-Haw Liaw, an officer (VP) of Taiwan Semiconductor Manufacturing Co. Ltd. (TSM), acquired 463,054 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, translated from NT$2,392.5207.
• Following this transaction, Liaw beneficially owns 6,193 shares directly through the ESPP Trust and 430,000 shares indirectly through Hsing Yu Investment Co., Ltd.
• Additionally, 7,036 shares are held indirectly by the filer through an LTI Trust, purchased with funds from the Long-Term Incentive Bonus Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine insider transaction through an employee stock purchase plan rather than a significant strategic move or a reflection of new financial performance.

Positives

• Officer participation in employee stock purchase plans can indicate confidence in the company's future performance.
• The acquisition of shares through ESPP suggests a continued investment by management in the company.

Future Outlook

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

Industry Context

StockSavvy.ai notes that insider share purchases, particularly through employee plans, are common within the semiconductor industry as a way for executives to align their interests with shareholders. TSMC's position as a leading foundry makes such transactions noteworthy.

Stakeholder Impact

• Shareholders: The purchase by an officer may be viewed positively as a sign of continued commitment to the company.
• Employees: The transaction highlights the existence and operation of the company's ESPP and LTI Bonus Plan.

Key Dates

Keywords

TSMC, TSM, Form 4, Insider Trading, Stock Purchase, Employee Stock Purchase Plan, ESPP, Beneficial Ownership, Semiconductor, Taiwan Semiconductor Manufacturing Co.