TSM VP Yuan Lipen Buys 2,350 Shares

What Happened

• Yuan Lipen, a Vice President at Taiwan Semiconductor Manufacturing Co. (TSM), made purchases totaling 2,350 shares, spending about $174,023.
  • 2026-08-18: 1,000 shares @ $74.50 = $74,500 (price translated from NT$2,380)
  • 2026-08-18: 350 shares @ $73.58 = $25,753 (price translated from NT$2,350)
  • 2026-08-19: 1,000 shares @ $73.77 = $73,770 (price translated from NT$2,355)
• These transactions are purchases (insider buys), which many investors view as a more informative signal than routine sales.

Key Details

• Transaction dates/prices: Aug 18 (1,000 @ $74.50; 350 @ $73.58) and Aug 19 (1,000 @ $73.77).
• Total acquired: 2,350 shares for $174,023 (approx.).
• Filing: Report filed with SEC on 2026-08-20 for transactions dated Aug 18–19; this filing appears timely.
• Footnotes: prices were translated from New Taiwan dollars (NT$) at the rates noted in the filing (F1–F4). The filing also indicates shares were purchased and held under the issuer's Employee Stock Purchase Plan (ESPP) per footnote.
• Shares owned after the transactions: not specified in the provided filing details.

Context

• These were direct purchases (transaction code P) via open market/ESPP; ESPP purchases can be routine participation in employee benefit plans and may be less informative about a manager's view than discretionary open-market buys.
• Yuan Lipen is an executive (VP), not a reported 10% owner; insider buys by executives are commonly watched by retail investors but do not guarantee future performance.
• All information above is factual from the Form 4 filing; it does not attempt to infer motivations.