Chen Pei-Hung 4

What Happened

• Chen Pei-Hung, a Vice President at Taiwan Semiconductor Manufacturing Co. (TSM), bought 57 common shares on April 9, 2026. The transaction was a purchase (code P) at $57.87 per share, for a total cost of $3,299.
• This was an ESPP purchase (employee stock purchase plan), a routine employee purchase rather than a large-scale market buy.

Key Details

• Transaction date: 2026-04-09; Filing date (Form 4): 2026-04-13 (appears to be filed several days after the trade).
• Price: $57.87 per share (price translated from NT$1,837.2789 at NT$31.748 = US$1, per filing footnote).
• Shares acquired: 57; Total value: $3,299.
• Transaction code: P = Purchase.
• Footnotes: F1–F3 indicate the shares were purchased by the ESPP administrator on the filer’s behalf and are held under the company ESPP; F2 explains the NTD→USD price conversion. F4 describes LTI-trust purchases (not clearly tied to this specific trade).
• Shares owned after transaction: not specified in the provided summary.

Context

• ESPP purchases are common, scheduled employee transactions funded by payroll deductions and typically reflect routine participation rather than an active market timing decision. Small-dollar ESPP buys (like this one) are generally considered routine.
• The filing was submitted a few days after the transaction date; late filings can be administrative but are required to be monitored.