Chen Chih-Ho 4
Research Summary
AI-generated summary
TSM Insider Chen Chih-Ho (Controller) Buys 34 Shares
What Happened
- Chen Chih-Ho, Controller of Taiwan Semiconductor Manufacturing Co Ltd (TSM), purchased 34 common shares on 2026-05-08 at $71.82 per share for a total of $2,442. The purchase was executed by the administrator of the issuer's Employee Stock Purchase Plan (ESPP) on the filer's behalf. This transaction is a purchase (code P), a routine ESPP acquisition rather than an open-market individual decision.
Key Details
- Transaction date and price: 2026-05-08, 34 shares at $71.82 each (total $2,442).
- Filing date: 2026-05-11 — filed within the required reporting window (timely).
- Shares owned after transaction: Not disclosed on the Form 4.
- Footnotes: F1/F3 — shares were bought and are held under the issuer's ESPP by the plan administrator on behalf of the filer; F2 — price was translated from NT$2,257.1777 using NT$31.429 = US$1.
Context
- ESPP purchases are typically made under pre-set plan terms (payroll deductions or scheduled purchases) and are often routine. While purchases can be interpreted as a positive signal, this transaction is small in dollar size and part of the company ESPP structure rather than a large, discretionary insider buy.