Yuan Lipen 4
Research Summary
AI-generated summary
TSM VP Yuan Lipen Buys 52 Shares
What Happened
Yuan Lipen, a Vice President at Taiwan Semiconductor Manufacturing Company (TSM), acquired 52 common shares on April 9, 2026 at an average price of $57.87 per share, for a total of about $3,009. The shares were purchased by the ESPP administrator on the filer’s behalf and are held under the issuer’s Employee Stock Purchase Plan (ESPP).
Key Details
- Transaction date and price: 2026-04-09, 52 shares at $57.87 each (total ~$3,009).
- Price translation: Price was translated from NT$1,837.2789 using an exchange rate of NT$31.748 = US$1. (Footnote F2)
- How purchased/held: Purchased by the ESPP administrator under predetermined ESPP terms and held in the ESPP (Footnotes F1, F3).
- Filing: Report filed 2026-04-13 (appears to be within the standard 2 business-day Form 4 window).
Context
This was a small, routine ESPP purchase rather than an open-market discretionary buy by the insider. ESPP transactions are generally automatic purchases made under pre-set plan rules (payroll deductions and scheduled purchases) and are common for employees; they do not necessarily indicate a change in the insider’s view on company prospects.