Tien Bor-Zen 4

What Happened
Tien Bor‑Zen, a Vice President at Taiwan Semiconductor Manufacturing Co. (TSM), made two open‑market/private purchases under the issuer's Employee Stock Purchase Plan (ESPP): 1,000 ADS on 2026‑06‑29 at $76.64 each ($76,640) and 1,000 ADS on 2026‑06‑30 at $75.70 each ($75,700). Total disclosed cash outlay was about $152,340. These transactions are purchases (not sales).

Key Details

• Transaction dates and prices:
  • 2026‑06‑29: 1,000 ADS @ $76.64 -> $76,640 (price translated from NT$2,440; footnote F1)
  • 2026‑06‑30: 1,000 ADS @ $75.70 -> $75,700 (price translated from NT$2,410; footnote F4)
• Total ADS purchased: 2,000 ADS; total reported value ≈ $152,340.
• ADS conversion: each American Depositary Share (ADS) represents 5 common shares (footnote F2). These 2,000 ADS equal 10,000 common shares on a pre‑conversion basis.
• Shares purchased and held under the issuer's ESPP (footnote F3).
• Filing: Form 4 filed 2026‑06‑30 for trades on 6/29 and 6/30 — appears to be filed timely (Form 4 is due within two business days).

Context
ESPP purchases reflect employee participation in a company plan and are generally purchases held in the plan rather than immediate market sales. The filing shows purchases and conversion/translation notes; it does not provide the insider's post‑transaction total holdings in the excerpt provided. No options exercises, gifts, or tax‑withholding events are indicated in this filing.