STOCK TITAN

TSM (NYSE: TSM) legal chief adds shares in ESPP open-market buy

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

Rhea-AI Filing Summary

Taiwan Semiconductor Manufacturing Co. Ltd.’s SVP and General Counsel Shu-Hua Fang reported an open-market purchase of 70 common shares on April 9, 2026 at $57.87 per share. The shares were bought by the administrator of the company’s Employee Stock Purchase Plan on the filer’s behalf under predetermined terms.

After this transaction, the filing shows 858,392 common shares held directly, plus several indirect holdings, including 6,427 shares through an ESPP trust and additional positions via family members and related entities.

Positive

  • None.

Negative

  • None.
Insider Fang Shu-Hua
Role SVP and GC
Bought 70 shs ($4K)
Type Security Shares Price Value
Purchase Common Shares (2330.TW) 70 $57.87 $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) — 6,427 shares (Indirect, By ESPP Trust); Common Shares (2330.TW) — 858,392 shares (Direct)
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$1,837.2789 in New Taiwan dollars, at the rate of NT$31.748 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.
Open-market purchase 70 shares Common Shares (2330.TW) bought on April 9, 2026
Purchase price $57.87 per share Price for 70-share ESPP-related open-market buy
Direct holdings after transaction 858,392 shares Common Shares held directly as of April 9, 2026
ESPP trust holdings 6,427 shares Common Shares held indirectly by ESPP trust after transaction
FX translation rate NT$31.748 to US$1 Rate used to translate NT$1,837.2789 purchase price
LTI trust holdings 20,190 shares Common Shares held indirectly by LTI trust
Ming Jing Capital holdings 350,000 shares Common Shares held indirectly by Ming Jing Capital Co., Ltd.
Employee Stock Purchase Plan financial
"Common Shares purchased by the administrator of the issuer's Employee Stock Purchase Plan ("ESPP") on behalf of the filer"
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.
ESPP Trust financial
"nature_of_ownership": "By ESPP Trust""
Long-Term Incentive ("LTI") Bonus Plan financial
"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""
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)
04/09/2026
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)04/09/2026(1)PV70A$57.87(2)6,427(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$1,837.2789 in New Taiwan dollars, at the rate of NT$31.748 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-fact04/13/2026
** 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)

FAQ

What insider transaction did TSM SVP and GC Shu-Hua Fang report?

Shu-Hua Fang reported buying 70 Taiwan Semiconductor (TSM) common shares. The purchase occurred on April 9, 2026 at $57.87 per share, executed by the administrator of the company’s Employee Stock Purchase Plan on the filer’s behalf under predetermined plan terms.

Was the TSM insider share purchase an open-market transaction?

Yes, the filing classifies the 70-share transaction as an open-market purchase. The shares were acquired by the Employee Stock Purchase Plan administrator pursuant to predetermined plan terms, meaning the timing and pricing followed the plan’s rules rather than a purely discretionary trade.

How many TSM shares does Shu-Hua Fang hold directly after this Form 4?

After the reported transaction, the filing shows 858,392 Taiwan Semiconductor common shares held directly. This direct position is separate from multiple indirect holdings through an ESPP trust, long-term incentive trust, spouse, immediate family member, and related entities listed in the same report.

What indirect TSM shareholdings are reported for Shu-Hua Fang?

Indirect holdings include 6,427 common shares via an ESPP trust and 20,190 shares through an LTI trust. Additional indirect positions are reported through a spouse, an immediate family member, and Ming Yuan Capital Co., Ltd. and Ming Jing Capital Co., Ltd., each holding separate TSM share blocks.