Chin Yung-Pei 4
Research Summary
AI-generated summary
TSM EVP Chin Yung‑Pei Buys 89 Shares Through ESPP
What Happened
Chin Yung‑Pei, Executive Vice President and Co‑Chief Operating Officer of Taiwan Semiconductor Manufacturing Co. (TSM), purchased 89 common shares on April 9, 2026 at $57.87 per share, for a total of approximately $5,150. This was a purchase (code P) reported on a Form 4 filed April 13, 2026.
Key Details
- Transaction date: 2026-04-09; Form 4 filed: 2026-04-13.
- Price: $57.87 per share (translated from NT$1,837.2789 using NT$31.748 = US$1).
- Shares acquired: 89; aggregate value ≈ $5,150.
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1/F3 indicate the shares were purchased by the ESPP administrator on behalf of the filer and are held under the issuer’s Employee Stock Purchase Plan; F2 explains the currency translation. Filing also includes F4 noting certain shares may be held by a trust under the company’s LTI Bonus Plan over which the filer has investment control.
- No indication in this filing of a 10b5‑1 plan or of an option exercise or sale.
Context
ESPP purchases are common for company employees and are typically made according to preset plan terms; such small, scheduled purchases are generally routine rather than large directional bets. Purchases are often considered more informative than sales because they represent insiders putting personal capital to work, but this single small ESPP purchase should be viewed in that context.