Fang Shu-Hua 4
4 · TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD · Filed Apr 13, 2026
Research Summary
AI-generated summary of this filing
TSM SVP Fang Shu‑Hua Buys 70 Shares via ESPP
What Happened
Fang Shu‑Hua, Senior Vice President and General Counsel of Taiwan Semiconductor Manufacturing Co. (TSM), acquired 70 common shares on 2026-04-09 in an open market/private purchase reported on Form 4. The reported per-share price was $57.87, for a total of $4,051. The filing indicates the shares were purchased under the issuer’s Employee Stock Purchase Plan (ESPP).
Key Details
- Transaction date: 2026-04-09; Form 4 filed 2026-04-13 (timely filing).
- Transaction type: Purchase (code P) — 70 shares at $57.87 each; total ≈ $4,051.
- Footnotes: F1/F3 — shares purchased by the ESPP administrator on the filer’s behalf and held under the ESPP; F2 — price converted from NT$1,837.2789 using NT$31.748 = US$1; F4 — filing also notes a trust purchase under the issuer’s LTI bonus plan over which the filer has investment control.
- Shares owned after the transaction: not specified in the provided filing details.
Context
This was a small ESPP purchase (≈$4k). ESPP transactions are often executed by a plan administrator under predetermined terms (payroll deductions or enrollment rules) rather than as an ad hoc market trade by the insider. Purchases can be informative, but ESPP mechanics mean they don’t necessarily reflect a new personal investment decision.
Insider Transaction Report
- Purchase
Common Shares (2330.TW)
[F1][F2][F3]2026-04-09$57.87/sh+70$4,051→ 6,427 total(indirect: By Trust)
- 858,392
Common Shares (2330.TW)
- 20,190(indirect: By Trust)
Common Shares (2330.TW)
[F4] - 67,906(indirect: By Spouse)
Common Shares (2330.TW)
- 6,206(indirect: By Immediate Family Member)
Common Shares (2330.TW)
- 34,000(indirect: By Ming Yuan Capital Co., Ltd.)
Common Shares (2330.TW)
- 350,000(indirect: By Ming Jing Capital Co., Ltd.)
Common Shares (2330.TW)
Footnotes (4)
- [F1]Common Shares purchased by the administrator of the issuer's Employee Stock Purchase Plan ("ESPP") on behalf of the filer pursuant to terms predetermined by the issuer.
- [F2]The price was translated from the average purchase price of NT$1,837.2789 in New Taiwan dollars, at the rate of NT$31.748 to US$1.
- [F3]Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP").
- [F4]Represents Common Shares purchased by a trust with cash received under the issuer's Long-Term Incentive ("LTI") Bonus Plan, over which the filer has obtained investment control.