Chang Tzonz-Sheng 4

What Happened

• Chang Tzonz‑Sheng, Senior Vice President of Taiwan Semiconductor Manufacturing Co. (TSM), made a purchase of 52 common shares on 2026-07-07. The reported price was $76.62 per share, for a total transaction value of $3,984. (Transaction code: P = purchase.)

Key Details

• Transaction date: 2026-07-07; Form 4 filed: 2026-07-09 (timely).
• Price: $76.62 per share (F2: converted from NT$2,462.6361 at NT$32.143 = US$1).
• Shares purchased: 52; total value: $3,984.
• Shares held after the transaction: Not specified in the filing.
• Notable footnotes from the filing:
  • F1/F3: These shares were purchased by the administrator of the issuer's Employee Stock Purchase Plan (ESPP) on behalf of the filer and are held under the ESPP.
  • F2: Price conversion note (NT$ → US$).
  • F4: The filing also notes shares may be purchased by a trust with cash from the issuer's Long‑Term Incentive (LTI) Bonus Plan over which the filer has investment control.

Context

• This was a small open-market/ESPP purchase (purchase code P). Purchases via an ESPP typically reflect routine participation in the company plan rather than a direct market timing decision; filings are factual disclosures and do not state the insider’s motivation.