Chuang Juiping 4

What Happened

• Chuang Juiping, a Vice President at Taiwan Semiconductor Manufacturing Co. (TSM), acquired 47 shares (ADS) on 2026-07-07 in an open-market/ESPP purchase. The reported purchase price was $76.62 per share for a total cash outlay of about $3,601.
• This was a purchase (P), which investors often view as a more informative signal than routine sales, though the amount here is small and likely part of the company’s Employee Stock Purchase Plan (ESPP).

Key Details

• Transaction date: 2026-07-07; Form 4 filed: 2026-07-09 (timely filing).
• Price: $76.62 per share; total reported value ≈ $3,601.
• ADS conversion: Each American Depositary Share (ADS) represents 5 common shares (47 ADS = 235 common shares). (Footnote F1)
• Purchase executed via the issuer’s Employee Stock Purchase Plan (ESPP); shares were purchased by the ESPP administrator on the filer’s behalf and held under the ESPP. (Footnotes F2, F4)
• Price translation: The USD price was translated from NT$2,462.6361 at NT$32.143 = US$1. (Footnote F3)
• Shares owned after transaction: Not specified in the filing.
• Transaction code: P = Purchase.

Context

• This appears to be an ESPP purchase — typically payroll-deducted purchases at predetermined intervals and prices — rather than a large discretionary buy. The dollar amount is small relative to TSMC’s market cap, so treat it as a routine insider purchase rather than a major vote of confidence.
• No indication of late filing or derivative exercises in this record.