Wei Che-Chia 4
Research Summary
AI-generated summary
Taiwan Semiconductor (TSM) Chairman Wei Che‑Chia Buys 160 Shares
What Happened
Wei Che‑Chia, Chairman and CEO (also a director) of Taiwan Semiconductor Manufacturing Co. (TSM), purchased 160 common shares on May 8, 2026 at $71.82 per share, for a total of $11,491. The shares were acquired through the issuer's Employee Stock Purchase Plan (ESPP) and related trust arrangements, representing an insider buy (a routine purchase under plan terms, not an open-market speculative trade).
Key Details
- Transaction date: 2026-05-08; SEC filing date: 2026-05-11 (timely filed).
- Price: $71.82 per share (price translated from NT$2,257.1777 at NT$31.429 = US$1).
- Shares acquired: 160; total value: $11,491.
- Shares owned after transaction: not reported in this Form 4.
- Footnotes: purchase executed by the ESPP administrator on filer’s behalf (F1, F3); USD price is a translation from New Taiwan dollars (F2); some shares were acquired by a trust funded by the issuer’s LTI Bonus Plan over which the filer has investment control (F4).
- Filing timeliness: filed within required SEC window (not marked late).
Context
This was a company plan purchase (ESPP/trust-funded) made under pre-set plan terms — common for executives and generally viewed as routine compensation/benefit activity rather than a direct market-timing signal. Purchases under ESPPs can indicate ongoing company participation but do not, by themselves, prove insider sentiment about near-term stock moves.