Fang Shu-Hua 4

What Happened

• Fang Shu‑Hua, Senior Vice President and General Counsel of Taiwan Semiconductor Manufacturing Co. (TSMC, ticker TSM), purchased 54 common shares on 2026-07-07. The shares were priced at $76.62 each (converted from NT$2,462.6361 at NT$32.143 = US$1), for a total value of approximately $4,137. This was a purchase (code P), reported on a Form 4 filed 2026-07-09.

Key Details

• Transaction date and price: 2026-07-07 at $76.62 per share (total ~$4,137).
• Filing date: Form 4 filed 2026-07-09 (two days after the transaction).
• Shares owned after transaction: not reported in the provided filing excerpt.
• Transaction type: Purchase via the issuer’s Employee Stock Purchase Plan (ESPP) — purchase code P.
• Relevant footnotes provided in the filing:
  • F1/F3: Shares were purchased by the ESPP administrator on behalf of the filer and are held under the issuer’s ESPP.
  • F2: Price shown was converted from NT$2,462.6361 using an exchange rate of NT$32.143 = US$1.
  • F4: Describes shares purchased by a trust with LTI Bonus Plan cash over which the filer has investment control (included in the filing notes).

Context

• This was an ESPP purchase, a routine way employees acquire company stock under predetermined terms. Purchases like this are direct buys and can signal personal investment, but they often follow plan rules (automatic/periodic contributions) rather than discretionary market timing.
• No options were exercised, no sales or gifts reported in this transaction.