Yeap Choh Fei 4
Research Summary
AI-generated summary
TSMC (TSM) SVP Yeap Choh Fei Buys 1,000 Shares
What Happened
- Yeap Choh Fei, Senior Vice President at Taiwan Semiconductor Manufacturing Co. (TSM), acquired 1,000 common shares on 2026-03-22. The reported price was $55.78 per share, for a total reported value of $55,780 (price translated from NT$1,790/share).
- This transaction is a purchase (transaction code P), which investors often view as a positive signal, though the filing does not state the filer’s motivation.
Key Details
- Transaction date and price: 2026-03-22 — 1,000 shares at $55.78 per share (NT$1,790 per share; conversion rate NT$32.092 = US$1). Total reported value $55,780.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnotes in the filing:
- F1: Price translated from New Taiwan dollars (NT$1,790) at NT$32.092 = US$1.
- F2: Indicates common shares purchased and held under the issuer’s Employee Stock Purchase Plan (ESPP).
- F3: Indicates shares purchased by a trust with cash from the issuer’s Long‑Term Incentive (LTI) Bonus Plan, over which the filer has investment control.
- Filing timeliness: The Form 4 was filed on 2026-03-31, nine days after the transaction date (2026-03-22). Form 4s are normally due within two business days, so this filing appears to be late.
Context
- The reported purchase is classified as an open-market or private purchase (P). The footnotes suggest the shares may be held under an ESPP or purchased by a trust funded by LTI cash, rather than being immediately sold — typical for employee-plan purchases.
- The filing is factual and does not disclose intent; purchases can be informative but do not guarantee future company performance.