Cao Min 4

What Happened Cao Min, a Vice President at Taiwan Semiconductor Manufacturing Co. (TSM), purchased 54 common shares on 2026-06-05 through the company's Employee Stock Purchase Plan (ESPP). The filing reports an average price of $76.01 per share (total ~$4,105). This was a purchase (a routine insider buy) carried out by the plan administrator under preset ESPP terms.

Key Details

• Transaction date: 2026-06-05; Form 4 filed: 2026-06-09.
• Price and conversion: $76.01 per share, translated from NT$2,392.5207 at NT$31.475 = US$1 (footnote F2).
• Shares purchased: 54; total value reported: approximately $4,105.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1/F3 — shares were purchased and held under the issuer's ESPP and acquired by the plan administrator on the filer's behalf; F2 — price conversion from NT$.
• No indication in the filing of an option exercise, gift, tax withholding, or a 10b5-1 plan.

Context ESPP purchases are common for employees and are typically pre-authorized under plan rules (administrator executes purchases on set dates/terms). Small-dollar ESPP buys like this are routine and do not, by themselves, confirm a change in insider sentiment, though purchases can be more informative than sales.