Form 4: TSMC VP Sells Shares Worth $13.96M

Tzu-Sou Chuang, VP at Taiwan Semiconductor Manufacturing Co. (TSM), reported the sale of 200,000 common shares for approximately $13.96 million.

Summary

• Tzu-Sou Chuang, a Vice President at Taiwan Semiconductor Manufacturing Co. Ltd. (TSM), has reported a transaction involving common shares.
• On May 19, 2026, Chuang sold 200,000 common shares at a price of $69.83 per share, totaling $13,966,000.
• Following this transaction, Chuang beneficially owns 2,495,165 common shares directly.
• Additionally, Chuang has indirect beneficial ownership of 5,668 shares held through the Employee Stock Purchase Plan (ESPP) Trust and 7,036 shares held through the Long-Term Incentive (LTI) Bonus Plan Trust.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a neutral to slightly negative filing due to the significant sale by an executive, though it is a routine disclosure and does not provide performance data.

Negatives

• A significant number of shares (200,000) were sold by a key executive, potentially signaling a reduction in direct beneficial ownership.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, which solely reports a past transaction.

Industry Context

StockSavvy.ai notes that insider selling, particularly by a Vice President, can sometimes be interpreted by the market, though Form 4 filings are standard disclosures for executive transactions and do not inherently indicate negative sentiment without further context.

Stakeholder Impact

• Shareholders may observe this sale by a Vice President, but it is a standard disclosure and does not necessarily imply a negative outlook for the company's stock without additional information.

Key Dates

Keywords

TSMC, TSM, Form 4, insider trading, share sale, semiconductor, executive transaction, beneficial ownership