STOCK TITAN

TSMC (NYSE: TSM) SVP adds ESPP and LTI trust share holdings

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

Rhea-AI Filing Summary

Taiwan Semiconductor Manufacturing Co. senior executive Kevin Xiaoqiang Zhang reported a small share purchase through an employee plan. On July 7, a trust under the company’s Employee Stock Purchase Plan bought 61 Common Shares (2330.TW) for him at $76.62 per share, based on a New Taiwan dollar price translated at NT$32.143 to US$1.

After this and other reported holdings, Zhang is shown with 329,663 Common Shares held directly, 20,190 Common Shares held via a Long-Term Incentive trust over which he has investment control, 7,223 Common Shares held under the ESPP trust, and 2,500 American Depositary Shares held directly. Each ADS represents five Common Shares.

Positive

  • None.

Negative

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Insider Zhang Kevin Xiaoqiang
Role SVP and Deputy Co-COO
Bought 61 shs ($5K)
Type Security Shares Price Value
Purchase Common Shares (2330.TW) 61 $76.62 $5K
holding Common Shares (2330.TW) -- -- --
holding American Depositary Shares (TSM) -- -- --
holding Common Shares (2330.TW) -- -- --
Holdings After Transaction: Common Shares (2330.TW) — 7,223 shares (Indirect, By ESPP Trust); Common Shares (2330.TW) — 329,663 shares (Direct, null); American Depositary Shares (TSM) — 2,500 shares (Direct, null)
Footnotes (1)
  1. Each American Depositary Share represents five (5) Common Shares. 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 61 shares Common Shares (2330.TW) bought on July 7 via ESPP trust
ESPP purchase price $76.62 per share Translated from NT$2,462.6361 at NT$32.143 to US$1
Direct Common Shares 329,663 shares Common Shares (2330.TW) held directly after transactions
LTI trust Common Shares 20,190 shares Common Shares held by LTI Bonus Plan trust with investment control
ESPP trust Common Shares 7,223 shares Common Shares purchased and held under ESPP trust
ADS holdings 2,500 ADS American Depositary Shares (TSM) held directly
ADS to Common ratio 1 ADS = 5 Common Shares Each American Depositary Share represents five Common Shares
NTD purchase price NT$2,462.6361 Average ESPP purchase price per share in New Taiwan dollars
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"
American Depositary Share financial
"Each American Depositary Share represents five (5) Common Shares."
An American Depositary Share (ADS) is a U.S.-listed certificate that represents a specified number of shares in a foreign company, held by a custodian bank; it works like a receipt that allows U.S. investors to buy and trade foreign equity on American exchanges without dealing with another country’s markets. Investors care because ADSs make foreign stocks easier to access, improve liquidity and settlement in dollars, and can affect dividend payments, voting rights and regulatory oversight compared with buying the underlying foreign shares directly.
ESPP Trust financial
"Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP")."
LTI Trust financial
"Represents Common Shares purchased by a trust with cash received under the issuer's Long-Term Incentive ("LTI") Bonus Plan"
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FAQ

What did TSM (TSM) executive Kevin Zhang report in this Form 4 filing?

Kevin Zhang reported a small purchase of 61 TSM Common Shares via the Employee Stock Purchase Plan. The shares were acquired by the ESPP administrator on his behalf, supplementing his existing direct and trust-held ownership positions in Taiwan Semiconductor Manufacturing.

How many Taiwan Semiconductor (TSM) shares did Kevin Zhang buy and at what price?

The filing shows a purchase of 61 Common Shares (2330.TW) at $76.62 per share. The price reflects translation from an average NT$2,462.6361 cost in New Taiwan dollars using an exchange rate of NT$32.143 to US$1.

What are Kevin Zhang’s total reported Common Share holdings in TSM after this transaction?

After the reported transactions, Kevin Zhang holds 329,663 Common Shares directly, 20,190 Common Shares via a Long-Term Incentive trust, and 7,223 Common Shares under the Employee Stock Purchase Plan trust, according to the ownership totals disclosed in the filing.

How many American Depositary Shares of TSM does Kevin Zhang hold directly?

The Form 4 shows Kevin Zhang directly holding 2,500 American Depositary Shares of TSM. Each American Depositary Share represents five Common Shares, so this ADS position corresponds economically to a larger number of underlying Taiwan-listed Common Shares.

How are Kevin Zhang’s indirect TSM holdings structured in trusts?

Indirect holdings include 7,223 Common Shares purchased and held under the company’s Employee Stock Purchase Plan trust, and 20,190 Common Shares held by a trust funded via the Long-Term Incentive Bonus Plan, over which he has obtained investment control according to the disclosed footnotes.
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*
Zhang Kevin Xiaoqiang

(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 Deputy Co-COO
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)329,663D
American Depositary Shares (TSM)(1)2,500D
Common Shares (2330.TW)07/07/2026(2)P61A$76.62(3)7,223(4)IBy ESPP Trust
Common Shares (2330.TW)20,190(5)IBy LTI Trust
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. Each American Depositary Share represents five (5) Common Shares.
2. 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.
3. 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.
4. Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP").
5. 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)