Fang Shu-Hua 4
Research Summary
AI-generated summary
TSMC (TSM) SVP/GC Fang Shu-Hua Buys 55 Shares
What Happened
Fang Shu-Hua, Senior Vice President and General Counsel of Taiwan Semiconductor Manufacturing Co. (TSM), purchased 55 common shares on 2026-06-05. The reported price was $76.01 per share (translated from NT$2,392.5207 at NT$31.475 = US$1), for a total value of approximately $4,181. This was a purchase (code P), executed through the issuer’s Employee Stock Purchase Plan (ESPP) administrator.
Key Details
- Transaction date: 2026-06-05 (reported on Form 4 filed 2026-06-09). Filing appears within the standard two-business-day window.
- Price: $76.01 per share (conversion from NT$ per footnote).
- Shares acquired: 55; Total value ≈ $4,181.
- Shares owned after transaction: Not disclosed in the provided excerpt.
- Relevant footnotes:
- F1: Shares were purchased by the ESPP administrator on the filer’s behalf under pre-determined ESPP terms.
- F2: Price was translated from NT$2,392.5207 at NT$31.475 to US$1.
- F3: Shares are purchased and held under the issuer’s ESPP.
Context
This was an ESPP purchase — a routine way employees and officers accumulate shares under pre-set plan terms. Such purchases are direct buys (potentially interpreted as a small insider buy) but do not by themselves indicate a change in company outlook.