TSMC (TSM) EVP Chin Yung-Pei Buys 72 Shares
$TSM · TAIWAN SEMICONDUCTOR MANUFACTURING CO LTDResearch Summary
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TSMC (TSM) EVP Chin Yung-Pei Buys 72 Shares
What Happened
Chin Yung‑Pei, Executive Vice President and Co‑COO of Taiwan Semiconductor Manufacturing Co. (TSM), purchased 72 common shares on 2026-08-07 at $73.31 per share, a transaction totaling approximately $5,278. This was a purchase (acquisition) reported on Form 4 and executed through the company’s Employee Stock Purchase Plan (ESPP), which is typically an enrollment/purchase mechanism rather than an open-market timing decision.
Key Details
- Transaction date: 2026-08-07; Form 4 filed: 2026-08-10 (filing appears timely).
- Price: $73.31 per share; total reported value ≈ $5,278. (Price translated from NT$2,367.1117 at NT$32.288 = US$1 per filer note.)
- Shares transacted: 72 shares acquired under the ESPP.
- Shares owned after transaction: Not specified in the filing.
- Relevant footnotes from the filing:
- ESPP purchase executed by the plan administrator on behalf of the filer (shares purchased and held under the issuer’s ESPP).
- Price conversion from New Taiwan dollars (NT$) to US$ provided.
- Filing also references shares purchased by a trust with LTI bonus cash over which the filer has investment control (footnote disclosure).
Context
Purchases under an ESPP are a common way for employees and executives to accumulate company stock through payroll deductions or scheduled purchases; they are routine and don’t necessarily signal a timing-based endorsement of the stock. Still, net insider purchases are often of interest to retail investors as one data point among many when assessing insider sentiment.