TSMC (TSM) Controller Chen Chih-Ho Buys 32 Shares
$TSM · TAIWAN SEMICONDUCTOR MANUFACTURING CO LTDResearch Summary
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TSMC (TSM) Controller Chen Chih-Ho Buys 32 Shares
What Happened
Chen Chih-Ho, Controller of Taiwan Semiconductor Manufacturing Co. (TSM), purchased 32 common shares on 2026-09-07 at a price of $76.20 per share, for a total reported value of $2,438. The shares were acquired under the issuer's Employee Stock Purchase Plan (ESPP) and are held under that plan.
Key Details
- Transaction type: Purchase (ESPP acquisition) — reported as "P" on Form 4.
- Transaction date: 2026-09-07; Form 4 filed: 2026-09-09.
- Price and conversion: $76.20 per share (translated from NT$2,404.3453 at NT$31.552 = US$1).
- Total value: $2,438 (32 shares × $76.20).
- Footnotes: F1/F3 — shares were purchased by the ESPP administrator on behalf of the filer and are held under the ESPP; F2 — price shown is a USD conversion from New Taiwan dollars.
- Shares owned after the transaction: not specified in the filing.
Context
This was an ESPP purchase (company-administered payroll/plan acquisition), not a market-speculative trade. Purchases under ESPPs are common routine insider acquisitions tied to plan enrollment and payroll contributions; they are informative but do not necessarily signal a change in insider sentiment. The Form 4 was filed two days after the transaction date, consistent with standard reporting timing.