Yuan Lipen 4

What Happened

Yuan Lipen, a Vice President at Taiwan Semiconductor Manufacturing Co. Ltd. (TSM), acquired 42 common shares on 2026-06-05 at an effective price of $76.01 per share, for a total of $3,192. The purchase was made under the issuer's Employee Stock Purchase Plan (ESPP) and reported on Form 4 filed 2026-06-09. This was a purchase (transaction code P), which is generally viewed as a routine employee/plan buy rather than a direct open-market trade by the insider.

Key Details

• Transaction date and price: 2026-06-05 at $76.01 per share (total $3,192). Price reflects translation from NT$2,392.5207 using NT$31.475 = US$1.
• Filing date / timeliness: Form 4 filed 2026-06-09 for a 2026-06-05 transaction (not indicated as late).
• Ownership after transaction: Not specified in the provided filing excerpt.
• Footnotes from the filing:
  • F1: Shares purchased by the administrator of the issuer's ESPP on behalf of the filer per predetermined plan terms.
  • F2: Price translated from New Taiwan dollars at the stated exchange rate.
  • F3: Shares purchased are held under the issuer's ESPP.

Context

ESPP purchases are routine for employees participating in company stock plans and are often made on a periodic basis (payroll or scheduled purchase dates). While purchases can be interpreted as a positive signal, this particular trade is small ($3.2k) and appears to be an ESPP contribution rather than a discretionary market timing decision.