TSM VP Chuang Tzu-Sou Buys 47 Shares

What Happened

• Chuang Tzu-Sou, a Vice President at Taiwan Semiconductor Manufacturing Co. (TSM), acquired 47 common shares on 2026-09-07 in a purchase reported on Form 4. The transaction price reported is $76.20 per share, for a total of $3,581 (price converted from NT$2,404.3453 at NT$31.552 = US$1).
• This was a purchase through the issuer's Employee Stock Purchase Plan (ESPP), which is typically an employee benefit (often interpreted as a routine, non-speculative purchase rather than a market-timing trade).

Key Details

• Transaction date: 2026-09-07; Form 4 filed: 2026-09-09 (timely; Form 4 is generally due within two business days).
• Shares purchased: 47 at $76.20 each; total value ≈ $3,581.
• Footnotes from the filing:
  • F1/F3: Shares were purchased by the ESPP administrator on behalf of the filer and held under the issuer's ESPP.
  • F2: USD price is a translation from NT$2,404.3453 using NT$31.552 = US$1.
  • F4: Notes that, separately, some shares may be held in a trust under the issuer's Long-Term Incentive Plan over which the filer has investment control (not explicitly tied to this specific ESPP purchase).
• Shares owned after the transaction: not specified in the provided filing details.

Context

• This was an ESPP purchase (transaction code P). ESPP purchases are common among employees and executives and reflect participation in a company benefit plan rather than a direct market investment decision.
• Filing appears timely, so no late-filing implications were noted.