Taiwan Semiconductor (TSM) SVP Chang Tzonz-Sheng Receives 12,881 Shares

What Happened
Chang Tzonz-Sheng, Senior Vice President at Taiwan Semiconductor Manufacturing Co. (TSM), received an award/vested 12,881 common shares on September 1, 2026. The Form 4 reports the acquisition price as $0.00, reflecting shares vesting under a restricted stock award rather than an open‑market purchase.

Key Details

• Transaction date: 2026-09-01 — Type: Award/vesting (Code A)
• Shares acquired: 12,881 — Reported price per share: $0.00 (vesting of restricted shares)
• Shares owned after transaction: Not disclosed in the provided filing data
• Footnotes: F1 — these shares vested per the issuer's Employee Restricted Stock Awards Rules. (F2 and F3 describe ESPP and LTI trust purchases generally but do not apply to this specific vesting event.)
• Filing timeliness: Reported on 2026-09-02; this appears timely (Form 4 is due within two business days).

Context
Vested restricted shares are compensation-related and increase the insider's holdings but are not an open‑market purchase (so they do not by themselves signal a fresh purchase decision). For retail investors, vesting is routine executive compensation; interpret alongside other insider buys/sells and company fundamentals.