Wei Che-Chia 4
Research Summary
AI-generated summary
TSMC (TSM) CEO Wei Che‑Chia Buys 146 Shares
What Happened
- Wei Che‑Chia, Chairman and CEO of Taiwan Semiconductor Manufacturing Co. (TSMC/TSM), acquired 146 common shares on 2026-07-07. The reported purchase price was $76.62 per share, for a total of approximately $11,187. The transaction is coded "P" (purchase).
Key Details
- Transaction date and filing: Purchased 2026-07-07; Form 4 filed 2026-07-09 (timely filing).
- Price and value: 146 shares at $76.62 each; total ≈ $11,187. Price was translated from NT$2,462.6361 at NT$32.143 = US$1.
- How shares were acquired: Purchase made under the issuer’s Employee Stock Purchase Plan (ESPP); shares purchased by the plan administrator on the filer’s behalf and held under the ESPP (see footnotes F1–F3).
- Shares owned after transaction: Not specified in the information provided.
- Transaction code: P = Purchase (open market or private purchase as reported).
Context
- ESPP purchases are typically executed under predetermined plan terms (automatic payroll deductions or periodic purchases) and are often routine rather than an active market-timing signal. The purchase amount here is relatively small (~$11k) compared with typical insider trades, but still indicates the CEO participated in the company’s ESPP.