TSMC (TSM) VP Jang Syun-Ming Receives 8,175-Share Award
$TSM · TAIWAN SEMICONDUCTOR MANUFACTURING CO LTDResearch Summary
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TSMC (TSM) VP Jang Syun-Ming Receives 8,175-Share Award
What Happened
Jang Syun-Ming, a Vice President at Taiwan Semiconductor Manufacturing Co. (TSMC, ticker: TSM), reported the acquisition of 8,175 common shares on September 1, 2026. The Form 4 records the transaction as an award/grant (code A) with an acquisition price of $0.00, reflecting the vesting of restricted shares rather than an open-market purchase.
Key Details
- Transaction date: 2026-09-01
- Filing date (Form 4): 2026-09-02 — filed promptly the next day
- Transaction type: Award/Grant (vested restricted shares)
- Shares acquired: 8,175; reported price: $0.00 on Form 4 (vesting)
- Reported value on Form 4: $0 (vesting grants are often reported at $0)
- Footnote F1: Shares vested under the issuer's Employee Restricted Stock Awards Rules.
- Additional footnotes on the filing: F2 notes ESPP-held shares; F3 notes shares purchased by a trust funded by LTI bonuses over which the filer has investment control.
- Shares owned after the transaction: Not specified in the provided data.
Context
Vesting of restricted stock is standard compensation for executives and does not necessarily signal buying or selling intent in the market. An acquisition price of $0 on a Form 4 typically reflects shares delivered upon vesting rather than a cash purchase; market value at vesting is not shown here. This filing appears timely and routine.