STOCK TITAN

TSMC (NYSE: TSM) SVP Fang reports ESPP share purchase and large holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Taiwan Semiconductor Manufacturing senior vice president and general counsel Shu-Hua Fang reported updated holdings in the company’s common shares. The filing shows an indirect open-market purchase of 54 shares at $76.62 per share through an Employee Stock Purchase Plan trust, which now holds 6,595 shares for Fang. The report also lists 858,392 shares held directly and additional indirect holdings through entities, a long-term incentive plan trust, a spouse, and an immediate family member, indicating a substantial overall ownership position. The transaction is small relative to the total stake and appears as a routine ESPP purchase under predetermined plan terms.

Positive

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Negative

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Insider Fang Shu-Hua
Role SVP and GC
Bought 54 shs ($4K)
Type Security Shares Price Value
Purchase Common Shares (2330.TW) 54 $76.62 $4K
holding Common Shares (2330.TW) -- -- --
holding Common Shares (2330.TW) -- -- --
holding Common Shares (2330.TW) -- -- --
holding Common Shares (2330.TW) -- -- --
holding Common Shares (2330.TW) -- -- --
holding Common Shares (2330.TW) -- -- --
Holdings After Transaction: Common Shares (2330.TW) — 6,595 shares (Indirect, By ESPP Trust); Common Shares (2330.TW) — 858,392 shares (Direct, null)
Footnotes (1)
  1. 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. The price was translated from the average purchase price of NT$2,462.6361 in New Taiwan dollars, at the rate of NT$32.143 to US$1. Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP"). 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.
ESPP purchase size 54 shares Common shares bought indirectly via ESPP trust
ESPP purchase price $76.62 per share Price for 54-share ESPP transaction
ESPP trust holdings 6,595 shares Total common shares held under ESPP for Fang
Direct holdings 858,392 shares Common shares held directly by Shu-Hua Fang
Ming Jing Capital holdings 350,000 shares Indirect common shares via Ming Jing Capital Co., Ltd.
Average NT$ purchase price NT$2,462.6361 Average ESPP purchase price in New Taiwan dollars
FX rate NT$32.143 to US$1 Exchange rate used to translate ESPP purchase price
Employee Stock Purchase Plan ("ESPP") financial
"Common Shares purchased by the administrator of the issuer's Employee Stock Purchase Plan ("ESPP") on behalf of the filer"
Long-Term Incentive ("LTI") Bonus Plan financial
"Represents Common Shares purchased by a trust with cash received under the issuer's Long-Term Incentive ("LTI") Bonus Plan"
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
""ownership_type": "indirect""
average purchase price financial
"The price was translated from the average purchase price of NT$2,462.6361"
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FAQ

What insider transaction did TSM (TSM) report for Shu-Hua Fang?

TSMC reported that SVP and general counsel Shu-Hua Fang indirectly acquired 54 common shares through an Employee Stock Purchase Plan trust. This small open-market purchase was made under predetermined ESPP terms and slightly increased Fang’s indirect ownership in Taiwan Semiconductor Manufacturing.

At what price were the new TSM (TSM) shares acquired under the ESPP?

The 54 Taiwan Semiconductor Manufacturing shares were acquired at $76.62 per share. This price reflects a translation from an average purchase price of NT$2,462.6361 using an exchange rate of NT$32.143 to US$1, as disclosed in the filing footnotes.

How many TSM (TSM) shares does Shu-Hua Fang now hold via the ESPP trust?

After the latest ESPP purchase, the trust holds 6,595 Taiwan Semiconductor Manufacturing common shares for Shu-Hua Fang. These shares are accumulated under the company’s Employee Stock Purchase Plan, which acquires stock on predetermined terms on behalf of eligible employees.

What are Shu-Hua Fang’s direct TSM (TSM) shareholdings after this filing?

The filing shows Shu-Hua Fang directly holds 858,392 Taiwan Semiconductor Manufacturing common shares. This direct position is separate from various indirect holdings through entities, family members, and compensation-related trusts that are also detailed in the ownership tables.

What indirect TSM (TSM) holdings are reported for Shu-Hua Fang besides the ESPP trust?

Indirect holdings include 350,000 shares via Ming Jing Capital, 34,000 via Ming Yuan Capital, 6,206 via an immediate family member, 67,906 via a spouse, and 20,190 via an LTI bonus plan trust. These positions supplement Fang’s direct and ESPP-related holdings.

Was the TSM (TSM) ESPP purchase a discretionary trade by Shu-Hua Fang?

The filing states the ESPP shares were purchased by the plan administrator on predetermined terms, not as a discretionary trade. This indicates a routine employee stock purchase plan transaction rather than an individually timed open-market decision by Shu-Hua Fang.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Fang Shu-Hua

(Last)(First)(Middle)
NO. 8, LI-HSIN ROAD 6
HSINCHU SCIENCE PARK

(Street)
HSINCHUTAIWAN300096

(City)(State)(Zip)

TAIWAN

(Country)
2. Issuer Name and Ticker or Trading Symbol
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD [ TSM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP and GC
2a. Foreign Trading Symbol
[2330.TW]
3. Date of Earliest Transaction (Month/Day/Year)
07/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Shares (2330.TW)858,392D
Common Shares (2330.TW)07/07/2026(1)P54A$76.62(2)6,595(3)IBy ESPP Trust
Common Shares (2330.TW)20,190(4)IBy LTI Trust
Common Shares (2330.TW)67,906IBy Spouse
Common Shares (2330.TW)6,206IBy Immediate Family Member
Common Shares (2330.TW)34,000IBy Ming Yuan Capital Co., Ltd.
Common Shares (2330.TW)350,000IBy Ming Jing Capital Co., Ltd.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. The price was translated from the average purchase price of NT$2,462.6361 in New Taiwan dollars, at the rate of NT$32.143 to US$1.
3. Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP").
4. 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.
Remarks:
/s/ Jen-Chau Huang, as attorney-in-fact07/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)