Chin Yung-Pei 4

What Happened
Chin Yung-Pei, EVP and Co‑COO of Taiwan Semiconductor Manufacturing Co. (TSM), purchased 75 common shares on 2026-05-08 at $71.82 per share, for a total of $5,386 (price translated from NT$). This was a purchase executed through the company's Employee Stock Purchase Plan (ESPP), which is generally viewed as a routine employee purchase rather than a public market endorsement.

Key Details

• Transaction date: 2026-05-08; Filing date: 2026-05-11 (filed within the Form 4 two‑business‑day window).
• Price: $71.82 per share (translated from NT$2,257.1777 at NT$31.429 = US$1).
• Shares acquired: 75; Total value: approximately $5,386.
• Footnotes:
  • F1/F3: Shares were purchased by the ESPP administrator on behalf of the filer and are held under the ESPP.
  • F2: Price shown is U.S. dollar equivalent using the stated NT$→US$ conversion.
  • F4: The filing also notes a trust/LTI plan mechanism (investment control over trust‑held shares), though the reported 75‑share transaction was an ESPP purchase.
• Shares owned after the transaction: not specified in the provided excerpt.

Context
ESPP purchases are typically automatic under predetermined plan terms (payroll deductions) and are common for company employees and officers; they are informative but often routine. The dollar amount here is modest relative to typical executive trades, and the filing indicates the shares were acquired and held under the ESPP rather than sold.