Zhang Kevin Xiaoqiang 4

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.