Tien Bor-Zen 4
4 · TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Taiwan Semiconductor (TSM) VP Tien Bor-Zen Buys Stock
What Happened
- Tien Bor‑Zen, a Vice President at Taiwan Semiconductor Manufacturing Co. (TSM), made open‑market purchases on 2026‑05‑08: 44 ADS at $71.82 each ($3,160) and 7 ADS at $71.82 each ($503), for a total of 51 ADS costing ~$3,663. These are purchases (acquisitions), which are typically viewed as more informative than routine sales.
Key Details
- Transaction date: 2026‑05‑08; Filing date: 2026‑05‑11 (file appears to be timely).
- Prices: $71.82 per share for both lots; totals $3,160 and $503 respectively, combined ~$3,663.
- Shares acquired: 51 ADS in total.
- ADS conversion: Footnote F1 — each American Depositary Share (ADS) represents five (5) common shares; 51 ADS = 255 common shares.
- Footnote F3: the reported dollar price was translated from NT$2,257.1777 at NT$31.429 = US$1.
- Shares owned after the transaction are not disclosed in the provided data.
- Other footnotes in the filing reference ESPP mechanics (F2, F4, F5) but the reported transactions here are open‑market purchases.
Context
- These were straightforward open‑market purchases (transaction code P). The dollar amount is small relative to typical insider transactions for large-cap issuers, so this indicates a personal purchase but not a large-scale stake change. No options exercise, gift, or special 10b5‑1 plan is indicated in the provided details.
Insider Transaction Report
Form 4
Transactions
- Purchase
Common Shares (2330.TW)
[F2][F3][F4]2026-05-08$71.82/sh+44$3,160→ 145 total(indirect: By Trust) - Purchase
Common Shares (2330.TW)
[F5][F3]2026-05-08$71.82/sh+7$503→ 60 total(indirect: By Immediate Family Member)
Holdings
- 9,051
Common Shares (2330.TW)
- 90
American Depositary Shares (TSM)
[F1]
Footnotes (5)
- [F1]Each American Depositary Share represents five (5) Common Shares.
- [F2]Common Shares purchased by the administrator of the issuer's Employee Stock Purchase Plan ("ESPP") on behalf of the filer pursuant to terms predetermined by the issuer.
- [F3]The price was translated from the average purchase price of NT$2,257.1777 in New Taiwan dollars, at the rate of NT$31.429 to US$1.
- [F4]Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP").
- [F5]Common Shares purchased by the administrator of the issuer's Employee Stock Purchase Plan ("ESPP") on behalf of the filer's Immediate Family Member, who is a TSMC employee, pursuant to terms predetermined by the issuer.
Signature
/s/ Jen-Chau Huang, as attorney-in-fact|2026-05-11