Form 4: TSMC VP Reports Stock Transactions

TSMC VP Hsu Kuo-Chin reports transactions involving common shares and American Depositary Shares, including purchases through the Employee Stock Purchase Plan.

Summary

• Kuo-Chin Hsu, VP at Taiwan Semiconductor Manufacturing Co. Ltd. (TSM), reported transactions on May 8, 2026.
• These transactions involved the acquisition of 56 American Depositary Shares (ADS) at a price of $71.82 per ADS.
• The ADS acquisition was part of the issuer's Employee Stock Purchase Plan (ESPP).
• Following these transactions, Hsu beneficially owns 6,515 ADS.
• Additionally, Hsu holds 178,924 common shares directly and has indirect beneficial ownership of 7,036 common shares through an ESPP trust, 12,000 common shares through an LTI Trust, and an unspecified amount of common shares indirectly by spouse.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports routine stock transactions by an executive through established company plans, without indicating significant positive or negative strategic shifts.

Positives

• Acquisition of shares through the Employee Stock Purchase Plan indicates employee participation and potential long-term commitment.
• The reporting person, a VP, is actively involved in managing their shareholdings.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing.

Industry Context

StockSavvy.ai notes that insider transactions, such as those reported by TSMC's VP, are common in the semiconductor industry as executives participate in company stock plans. These filings provide transparency into executive compensation and investment strategies.

Stakeholder Impact

• Shareholders: Increased transparency into executive share ownership and transactions.
• Employees: The filing highlights the existence and use of the Employee Stock Purchase Plan (ESPP) and Long-Term Incentive (LTI) Bonus Plan, which can be attractive to employees.

Key Dates

Keywords

TSMC, TSM, Form 4, Insider Trading, Stock Purchase Plan, ADS, Semiconductor, Executive Transactions