Wang Ying-Lang 4
Research Summary
AI-generated summary
TSMC SVP Wang Ying‑Lang Buys 69 Shares
What Happened
Wang Ying‑Lang, Senior Vice President at Taiwan Semiconductor Manufacturing Co. (TSM), acquired 69 common shares on 2026-04-09 at $57.87 per share, for a total transaction value of $3,993. The purchase was made under the issuer’s Employee Stock Purchase Plan (ESPP) and executed by the ESPP administrator on the filer's behalf.
Key Details
- Transaction date: 2026-04-09; Form 4 filed: 2026-04-13 (filing appears timely).
- Price: $57.87 per share (price translated from NT$1,837.2789 at NT$31.748 = US$1).
- Shares acquired: 69; total value: $3,993.
- Footnotes: F1/F3 — shares purchased and held under the issuer’s ESPP via the plan administrator; F2 — USD price shown is a currency translation from NTD; F4 — filing also references shares purchased by a trust with LTI bonus funds over which the filer has investment control.
- Shares owned after transaction: not specified in the provided filing.
Context
This was an ESPP purchase — a routine, pre‑arranged employee plan transaction (often funded by payroll deductions) rather than an opportunistic open‑market trade. Purchases can be viewed as a modestly positive signal, but small ESPP buys are common and reflect participation in company benefit plans rather than a large directional bet.