Chuang Tzu-Sou 4
4 · TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
TSM VP Chuang Tzu‑Sou Sells 200,000 Shares
What Happened
- Chuang Tzu‑Sou, Vice President at Taiwan Semiconductor Manufacturing Co. (TSM), sold 200,000 common shares in an open-market transaction on May 19, 2026.
- The shares were disposed at $69.83 per share, for a total proceeds of approximately $13,966,000. The dollar price was converted from NT$2,210 using an exchange rate of NT$31.650 = US$1.
Key Details
- Transaction date and price: 2026-05-19, 200,000 shares at $69.83 per share (total ≈ $13,966,000). (Transaction code: S = Sale)
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnotes: F1 notes the price was translated from New Taiwan dollars (NT$2,210 at NT$31.650/USD). F2 and F3 reference shares held/purchased under the issuer's ESPP and an LTI trust (investment control), as listed in the filing.
- Filing timeliness: The Form 4 was filed on the same date as the transaction (timely), indicating no late filing.
Context
- This was a sale (not a purchase or option exercise). Sales by insiders can be routine (for diversification, cash needs, or other personal reasons) and do not by themselves indicate company performance or insider sentiment.
- For retail investors: purchases generally carry more weight as positive signals; a single open-market sale should be interpreted cautiously and considered alongside other filings and company fundamentals.
Insider Transaction Report
Form 4
Transactions
- Sale
Common Shares (2330.TW)
[F1]2026-05-19$69.83/sh−200,000$13,966,000→ 2,495,165 total
Holdings
- 5,668(indirect: By Trust)
Common Shares (2330.TW)
[F2] - 7,036(indirect: By Trust)
Common Shares (2330.TW)
[F3]
Footnotes (3)
- [F1]The price was translated from New Taiwan dollars, NT$2,210, at the rate of NT$31.650 to US$1.
- [F2]Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP").
- [F3]Represents Common Shares purchased by a trust with cash received under the issuer's Long-Term Incentive ("LTI") Bonus Plan, over which the filer has obtained investment control.
Signature
/s/ Jen-Chau Huang, as attorney-in-fact|2026-05-19