Wang Ying-Lang 4

What Happened
Wang Ying-Lang, Senior Vice President at Taiwan Semiconductor Manufacturing Co Ltd (TSM), purchased 56 common shares in an issuer-sponsored Employee Stock Purchase Plan (ESPP) on 2026-06-05. The shares were acquired at an effective price of $76.01 per share (translated from NT$2,392.5207), for a total of approximately $4,257. This was a purchase (code P), not a sale.

Key Details

• Transaction date: 2026-06-05 (reported on Form 4 filed 2026-06-09). Filing appears timely under the two-business-day rule.
• Price and value: NT$2,392.5207 per share translated at NT$31.475 = $76.01 per share; total ≈ $4,257. (See footnote F2.)
• Shares purchased: 56 shares.
• Holding: Shares were purchased and held under the issuer's ESPP (footnotes F1 and F3 indicate purchase by the ESPP administrator on filer’s behalf and that the shares are held in the ESPP).
• Footnotes: F1 = ESPP administrator bought shares on filer’s behalf under predetermined terms; F2 = price translation from NTD to USD; F3 = shares held under ESPP. F4 (LTI trust) is listed in the filing but not directly tied to this ESPP purchase.
• Shares owned after transaction: Not disclosed in the summary data of this report.

Context
Purchases made through an ESPP are typically executed by the plan administrator under preset terms (often using payroll deductions and a predetermined purchase date/price) and are commonly routine for employees participating in the plan. The reported purchase is small in dollar terms (~$4.3k), so while purchases can be interpreted as a positive sign of insider alignment with the company, the size limits how much weight retail investors should place on it.