Lee Chun-Hsien 4
Research Summary
AI-generated summary
TSMC (TSM) SVP Lee Chun-Hsien Buys 50 Shares
What Happened
Lee Chun-Hsien, Senior Vice President at Taiwan Semiconductor Manufacturing Co. (TSMC, TSM), purchased 50 common shares on July 7, 2026. The shares were acquired at an effective price of $76.62 per share (total ≈ $3,831). The purchase was executed under the issuer's Employee Stock Purchase Plan (ESPP), a planned, payroll-based purchase arrangement.
Key Details
- Transaction date: 2026-07-07; Form 4 filed: 2026-07-09 (filed within the standard two-business-day window).
- Transaction type/code: Purchase (P) via ESPP administrator.
- Shares acquired: 50 shares at $76.62 per share; total reported value ≈ $3,831.
- Price translation: NT$2,462.6361 converted to USD at NT$32.143 = $76.62 (footnote F2).
- Footnotes: F1—purchase made by ESPP administrator on filer’s behalf; F3—shares purchased and held under the issuer’s ESPP.
- Shares owned after transaction: not disclosed in the filing.
Context
ESPP purchases are routine, planned acquisitions made under set plan rules (often via payroll deductions) and are recorded by the plan administrator; they are not the same as discretionary open-market buys. This was a small, routine ESPP purchase (≈ $3.8k), which is factual evidence of an insider buying shares but not a definitive signal of broader insider sentiment.