Yoo Chue-San 4
Research Summary
AI-generated summary
TSMC VP Yoo Chue-San Buys 65 Shares via ESPP
What Happened
Yoo Chue-San, a Vice President at Taiwan Semiconductor Manufacturing Co. (TSMC / TSM), purchased 65 common shares on 2026-04-09 via the company's Employee Stock Purchase Plan (ESPP). The transaction was executed at an average price of $57.87 per share (translated from NT$1,837.2789 using NT$31.748 = US$1), for a total cash outlay of approximately $3,762. The purchase was made by the ESPP administrator on behalf of the filer under predetermined plan terms.
Key Details
- Transaction date: 2026-04-09 (reported on Form 4 filed 2026-04-13)
- Action: Purchase (Code P) — 65 shares at $57.87 each (total ≈ $3,762)
- Price translation: NT$1,837.2789 → $57.87 using NT$31.748/USD (footnote F2)
- Footnotes: F1 = purchase by ESPP administrator on filer’s behalf; F3 = shares held under ESPP
- Post-transaction holdings: Not specified in the provided filing details
- Timeliness: Filing appears timely (transaction 2026-04-09; Form 4 filed 2026-04-13, within the required two business days)
Context
ESPP purchases are routine, plan-driven acquisitions funded by payroll deductions or similar contributions; they are common among insiders and reflect participation in company benefit programs rather than a direct trading signal. Still, purchases by executives can be of interest to retail investors as a positive insider cash commitment, albeit small in this case.