Taiwan Semi COO Mii buys 71 shares at $76.20
TSM’s EVP and co-COO reported a small open-market-equivalent ESPP share purchase and detailed existing share and structured-note holdings.
Rhea-AI Filing Summary
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM) reported that executive vice president and co–chief operating officer Yuh-Jier Mii indirectly purchased 71 Common Shares on September 7, 2026 at $76.20 per share, through the administrator of the company’s Employee Stock Purchase Plan, increasing indirect ESPP holdings to 8,170 Common Shares. Separate holdings disclosed include a substantial direct position in Common Shares, additional shares held via a Long-Term Incentive bonus plan trust, direct holdings of American Depositary Shares, and Equity Linked Notes referencing up to 703 ADSs that may settle in shares or cash at maturity. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 71 shares
Net Buy
5 txns
Insider
Mii Yuh-Jier
Role
EVP and Co-COO
Bought
71 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares (2330.TW) F2, F3, F4 | 71 | $76.20 | $5K |
| holding | Equity Linked Notes F6, F7, F1 | -- | -- | -- |
| holding | Common Shares (2330.TW) | -- | -- | -- |
| holding | American Depositary Shares (TSM) F1 | -- | -- | -- |
| holding | Common Shares (2330.TW) F5 | -- | -- | -- |
Holdings After Transaction:
Common Shares (2330.TW) — 8,170 shares (Indirect, By ESPP Trust);
Equity Linked Notes — 150,000 contracts for 703 underlying shares (Direct);
Common Shares (2330.TW) — 1,286,261 shares (Direct);
American Depositary Shares (TSM) — 25 shares (Direct);
Common Shares (2330.TW) — 63,345 shares (Indirect, By LTI Trust)
Footnotes (7)
- F1. Each American Depositary Share represents five (5) Common Shares.
- F2. Common Shares purchased by the administrator of the issuer's Employee Stock Purchase Plan ("ESPP") on behalf of the filer pursuant to terms predetermined by the issuer.
- F3. The price was translated from the average purchase price of NT$2,404.3453 in New Taiwan dollars, at the rate of NT$31.552 to US$1.
- F4. Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP").
- F5. Represents Common Shares purchased by a trust with cash received under the issuer's Long-Term Incentive ("LTI") Bonus Plan, over which the filer has obtained investment control.
- F6. The Equity Linked Notes are issued by UBS AG that reference a basket of equity securities that includes the issuer's American Depositary Shares. The principal amount of the notes is US$150,000. The notes are exercisable and expire on March 4, 2027 (the "Exercisable Date"). Under the terms of the notes, if the notes are not redeemed early and the closing price of the worst-performing basket component is below its strike price on the Exercisable Date, the notes may be settled by delivery of shares or American Depositary Shares of that worst-performing basket component plus cash in lieu of any fractional share. The strike price for each basket component equals 55% of its initial reference level. If the issuer's American Depositary Shares are determined to be the worst-performing basket component, settlement may result in delivery of up to 703 American Depositary Shares of the issuer at a strike price of 213.2515 per American Depositary Share. [Continued in footnote 7]
- F7. [Continued from footnote 6] In addition, the notes may be redeemed for cash, (i) if, during the observation period prior to the Exercisable Date, the closing price of each basket component has reached its initial reference level at least once, or (ii) if the notes are not redeemed early and the closing price of the worst-performing basket component is at or above its strike price on the Exercisable Date.
Key Figures
ESPP purchase shares: 71 shares
ESPP purchase price: $76.20 per share
Indirect ESPP holdings after transaction: 8,170 Common Shares
+5 more
8 metrics
ESPP purchase shares
71 shares
Common Shares purchased on September 7, 2026 through the ESPP administrator
ESPP purchase price
$76.20 per share
Average U.S. dollar price translated from NT$2,404.3453 at NT$31.552 to US$1
Indirect ESPP holdings after transaction
8,170 Common Shares
Common Shares held under TSM’s Employee Stock Purchase Plan for Yuh-Jier Mii
Direct Common Share holdings
1,286,261 Common Shares
Directly held by Yuh-Jier Mii as of September 7, 2026
Indirect LTI trust holdings
63,345 Common Shares
Held by a trust under TSM’s Long-Term Incentive Bonus Plan with investment control obtained
Direct ADS holdings
25 American Depositary Shares
Directly held, each ADS representing five Common Shares
Equity Linked Notes principal
$150,000
Principal amount of notes issued by UBS AG referencing a basket including TSM ADS
ADS deliverable under notes
703 American Depositary Shares
Maximum TSM ADS deliverable if they are the worst-performing basket component at maturity
Key Terms
Employee Stock Purchase Plan, Long-Term Incentive Bonus Plan, American Depositary Shares, Equity Linked Notes, +1 more
5 terms
Employee Stock Purchase Plan financial
"Common Shares purchased by the administrator of the issuer's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Long-Term Incentive Bonus Plan financial
"cash received under the issuer's Long-Term Incentive ("LTI") Bonus Plan"
Equity Linked Notes financial
"The Equity Linked Notes are issued by UBS AG that reference a basket"
strike price financial
"The strike price for each basket component equals 55% of its initial reference"
The strike price is the fixed price at which an option gives its holder the right to buy or sell an underlying stock. Think of it like a coupon that lets you transact at a pre-agreed price regardless of the market; for investors it determines whether an option will be profitable, influences potential gains or losses, and is a key factor in the option’s market value and risk profile.
FAQ
What did TSM executive Yuh-Jier Mii report on this Form 4 for TSM?
Yuh-Jier Mii reported an indirect purchase of 71 Common Shares of TSM on September 7, 2026 at $76.20 per share, through the administrator of TSM’s Employee Stock Purchase Plan, and disclosed updated direct and indirect share and note holdings.
What are the key terms of the Equity Linked Notes tied to TSM ADS reported in this Form 4?
Yuh-Jier Mii holds Equity Linked Notes with $150,000 principal amount, expiring on March 4, 2027. If TSM’s ADSs are the worst-performing basket component at maturity, settlement may involve delivery of up to 703 TSM ADSs at a strike price of 213.2515 per ADS.
AI-generated analysis. How Rhea-AI works. Not financial advice.
