Taiwan Semiconductor (TSM) VP Tien Bor‑Zen Buys Stock

What Happened

• Tien Bor‑Zen, a Vice President at Taiwan Semiconductor Manufacturing Co. (TSM), made multiple purchases on 2026-07-28. Reported transactions: 10 shares at $390.00 ($3,900), 5 shares at $390.00 ($1,950), and 1,000 shares at $67.97 ($67,970), for a reported total of $73,820. All transactions are coded P (purchase) — i.e., open‑market or private purchases. Purchases are generally viewed as insider buying (a bullish signal), though no motive is stated.

Key Details

• Transaction date: 2026-07-28; Form 4 filed 2026-07-30 (timely filing).
• Reported purchases and amounts: 10 @ $390.00 = $3,900; 5 @ $390.00 = $1,950; 1,000 @ $67.97 = $67,970. Total ≈ $73,820.
• Shares owned after the transactions: Not disclosed in the provided filing data.
• Relevant footnotes from the filing:
  • F1: Each American Depositary Share (ADS) represents five common shares.
  • F2: Some common shares may have been purchased and held under the issuer’s Employee Stock Purchase Plan (ESPP).
  • F3: The $67.97 price was translated from NT$2,200 using NT$32.366 = US$1.
• Transaction code: P = Purchase.

Context

• These were straightforward purchases (no options exercises, awards, gifts, or sales reported here). The filing notes ADS/common‑share conversion and an ESPP reference — read the full Form 4 if you need to confirm whether counts refer to ADSs or underlying common shares. The filing was made within the normal two‑business‑day window.