TSMC (TSM) VP Cao Min Receives 12,881-Share Award

What Happened Cao Min, a Vice President at Taiwan Semiconductor Manufacturing Co. (TSM), had 12,881 common shares vest on September 1, 2026. The Form 4 reports an acquisition (award/vesting) of 12,881 shares at $0.00 per share (code A), i.e., shares issued on vesting rather than bought on the open market or sold. No sale or open-market purchase was reported in this transaction.

Key Details

• Transaction date: 2026-09-01 (reported on Form 4 filed 2026-09-02).
• Transaction type/code: Award/vesting (A).
• Shares acquired: 12,881; reported acquisition price: $0.00.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — these shares represent common shares that vested per the issuer’s Employee Restricted Stock Awards Rules. F2 and F3 describe other employee share-holding arrangements (ESPP and trust purchases under LTI) referenced in the filing.
• Timeliness: Filing appears timely (reported the next day).

Context This transaction reflects compensation-related vesting of restricted shares (common practice for executives and employees) rather than an open-market buy or sell. Such vesting events are routine and do not, by themselves, imply a personal decision to buy or sell shares on the market. No immediate sale or cashless exercise was reported in this filing.