Jang Syun-Ming 4

What Happened
Jang Syun‑Ming, a Vice President at Taiwan Semiconductor Manufacturing Co. (TSM), purchased 49 common shares on 2026-06-05 in an open market/private purchase recorded as part of the company’s Employee Stock Purchase Plan (ESPP). The reported price was $76.01 per share (translated from NT$2,392.5207 at NT$31.475 = US$1), for a total of approximately $3,724. This was a purchase (a buy), which retail investors generally treat as a small bullish signal compared with a sale.

Key Details

• Transaction date: 2026-06-05; Filing date: 2026-06-09.
• Price: $76.01 per share (translation from NT$); Total value ≈ $3,724.
• Shares acquired: 49 common shares.
• Shares owned after transaction: not reported in the provided data.
• Footnotes of note:
  • F1: Shares purchased by the ESPP administrator on behalf of the filer under pre-determined ESPP terms.
  • F2: Price shown was translated from NT$2,392.5207 using NT$31.475 = US$1.
  • F3: These shares are purchased and held under the issuer’s ESPP.
  • F4: The filing also notes that some common shares may be purchased by a trust with LTI Bonus Plan cash, over which the filer has investment control (distinct disclosure).
• Timeliness: The Form 4 was filed four days after the transaction date. Form 4s are normally due within two business days of the transaction; this filing appears later than that standard.

Context

• This is a small-dollar ESPP purchase (~$3.7k) rather than a large directional trade; such purchases are often routine payroll/plan activity but still indicate the insider acquired shares.
• ESPP purchases are generally made under a plan formula (not a discretionary market-timing trade), so they reflect participation in company compensation programs rather than an ad hoc market bet.
• No options were exercised, no shares sold, and no gifts or tax-withholding transactions are indicated for this entry.