Chang Tzonz-Sheng 4

What Happened
Chang Tzonz-Sheng, a Senior Vice President at Taiwan Semiconductor Manufacturing Co. (TSM), acquired 53 common shares on 2026-06-05. The shares were purchased at an average price of $76.01 per share, for a total cost of $4,029. The filing indicates these shares were bought through the issuer’s Employee Stock Purchase Plan (ESPP).

Key Details

• Transaction date: 2026-06-05; Form 4 filed: 2026-06-09. (Filed four days after the transaction date; Form 4s are generally due within 2 business days.)
• Type: Purchase (ESPP) — transaction code P.
• Shares acquired: 53 at $76.01 each; total value reported: $4,029.
• Price conversion: Price translated from NT$2,392.5207 using NT$31.475 = US$1 (footnote F2).
• Footnotes: F1/F3 indicate the purchase was executed by the ESPP administrator on the filer’s behalf and the shares are held under the ESPP. (F4 appears in the filing describing LTI trust purchases over which the filer has investment control, but the ESPP footnotes apply to this transaction.)
• Shares owned after the transaction: not disclosed in the provided excerpt.

Context
This was a small, routine ESPP purchase rather than a market sale or option exercise. ESPP buys are common for employees and are generally viewed as routine compensation/benefit activity; they provide limited insight into broader insider sentiment on their own.