Zhang Kevin Xiaoqiang 4
4 · TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
TSM SVP & Deputy Co‑COO Kevin Zhang Buys 62 ADS
What Happened
Zhang Kevin Xiaoqiang, SVP and Deputy Co‑COO of Taiwan Semiconductor Manufacturing Co. (TSM), bought 62 American Depositary Shares (ADS) on 2026-06-05 in an open-market/plan purchase. The reported price was $76.01 per ADS, for a total cost of $4,713. The filing indicates these ADS purchases were made through the issuer’s Employee Stock Purchase Plan (ESPP).
Key Details
- Transaction date: 2026-06-05; Form 4 filed: 2026-06-09.
- Transaction type: Purchase (code P) — 62 ADS acquired at $76.01 each = $4,713 total.
- ADS conversion: 1 ADS = 5 common shares (so 62 ADS = 310 common shares) (F1).
- Price conversion: reported USD price translated from NT$2,392.5207 at NT$31.475 = US$1 (F3).
- Purchase method: Common shares purchased by the ESPP administrator on filer’s behalf and held under the ESPP (F2, F4).
- Shares owned after transaction: Not specified in this filing.
Context
This was a small ESPP purchase (predetermined plan terms), which is routine for employees participating in company purchase plans. Form 4 was filed four days after the trade; Form 4s are generally required within two business days of the transaction, so investors may note the timing. The transaction is factual evidence of a purchase but does not by itself indicate management sentiment or a trading signal.
Insider Transaction Report
- Purchase
Common Shares (2330.TW)
[F2][F3][F4]2026-06-05$76.01/sh+62$4,713→ 7,162 total(indirect: By Trust)
- 329,663
Common Shares (2330.TW)
- 2,500
American Depositary Shares (TSM)
[F1] - 20,190(indirect: By Trust)
Common Shares (2330.TW)
[F5]
Footnotes (5)
- [F1]Each American Depositary Share represents five (5) Common Shares.
- [F2]Common Shares purchased by the administrator of the issuer's Employee Stock Purchase Plan ("ESPP") on behalf of the filer pursuant to terms predetermined by the issuer.
- [F3]The price was translated from the average purchase price of NT$2,392.5207 in New Taiwan dollars, at the rate of NT$31.475 to US$1.
- [F4]Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP").
- [F5]Represents Common Shares purchased by a trust with cash received under the issuer's Long-Term Incentive ("LTI") Bonus Plan, over which the filer has obtained investment control.