TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD·4

Apr 13, 7:36 AM ET

Lee Chun-Hsien 4

Research Summary

AI-generated summary

Updated

TSMC (TSM) VP Lee Chun-Hsien Buys 63 Shares via ESPP

What Happened

  • Lee Chun-Hsien, a Vice President at Taiwan Semiconductor Manufacturing Co. (TSM), purchased 63 common shares on 2026-04-09. The filing reports an acquisition price of $57.87 per share, for a total of $3,646.
  • The transaction is reported as a purchase (code P) and was executed through the company's Employee Stock Purchase Plan (ESPP) mechanisms described in the filing.

Key Details

  • Transaction date: 2026-04-09; Filing date (Form 4): 2026-04-13 (filed 4 days after the transaction; this appears to be late relative to the standard 2-business-day Form 4 deadline).
  • Price/details: $57.87 per share, total ≈ $3,646. The USD price was translated from NT$1,837.2789 using NT$31.748 = US$1 (footnote F2).
  • Method: Purchase under ESPP / acquired by plan administrator on filer’s behalf (footnotes F1 and F3 describe ESPP purchase and holding).
  • Shares owned after transaction: Not provided in the supplied summary of the filing.
  • Relevant footnotes: F1/F3 indicate the shares were purchased by the ESPP administrator and held under the ESPP; F2 explains the NT$→USD price conversion. The filing also includes a footnote (F4) referencing trust purchases under an LTI bonus plan and investment control, noted in the filing materials.

Context

  • ESPP purchases are routine compensation/benefit transactions (payroll-deducted purchases at predetermined terms) and often reflect participation in employee plans rather than active market timing. Still, purchases are informative because insiders are adding shares—though this particular buy is small (~$3.6k).
  • No options exercise, sales, or gifts were reported in this transaction.