Taiwan Semiconductor (TSM) EVP adds stock and discloses complex equity-linked notes
Rhea-AI Filing Summary
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD executive Mii Yuh-Jier, EVP and Co-COO, reported purchasing 72 Common Shares (2330.TW) on August 7, 2026 at $73.31 per share. The shares were bought in New Taiwan dollars by the administrator of the company’s Employee Stock Purchase Plan (ESPP) under predetermined terms and are held indirectly via an ESPP trust, bringing indirect ESPP holdings to 8,099 common shares.
Mii also reports direct holdings of 1,254,057 Common Shares (2330.TW) and 25 American Depositary Shares (ADS) (TSM), with each ADS representing five Common Shares. Indirectly, a trust under the company’s Long-Term Incentive (LTI) Bonus Plan holds 63,345 Common Shares over which Mii has obtained investment control. In addition, Mii holds Equity Linked Notes issued by UBS AG with a principal amount of $150,000 that reference a basket including TSM ADS. These notes are exercisable and expire on March 4, 2027 and may, under certain conditions, be settled by delivery of up to 703 TSM ADS at a strike price of 213.2515 per ADS.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 72 shares
Net Buy
5 txns
Insider
Mii Yuh-Jier
Role
EVP and Co-COO
Bought
72 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares (2330.TW) F2, F3, F4 | 72 | $73.31 | $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) — 8,099 shares (Indirect, By ESPP Trust);
Equity Linked Notes — 703 shares (Direct);
Common Shares (2330.TW) — 1,254,057 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$2,367.1117 in New Taiwan dollars, at the rate of NT$32.288 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
Common Shares Purchased: 72 Common Shares (2330.TW)
Purchase Price: $73.31 per share
Indirect ESPP Holdings: 8,099 Common Shares
+5 more
8 metrics
Common Shares Purchased
72 Common Shares (2330.TW)
Purchased on August 7, 2026 under the Employee Stock Purchase Plan at $73.31 per share
Purchase Price
$73.31 per share
Translated from NT$2,367.1117 at NT$32.288 to US$1 for the ESPP purchase
Indirect ESPP Holdings
8,099 Common Shares
Common Shares purchased and held under the issuer's Employee Stock Purchase Plan
Direct Common Share Holdings
1,254,057 Common Shares
Directly held Common Shares (2330.TW) after reported transactions
Indirect LTI Trust Holdings
63,345 Common Shares
Common Shares purchased by a trust under the Long-Term Incentive Bonus Plan
Direct ADS Holdings
25 American Depositary Shares
Directly held ADS, each representing five Common Shares
Equity Linked Notes Principal
$150,000
Principal amount of UBS AG Equity Linked Notes referencing TSM ADS, expiring March 4, 2027
Maximum ADS Deliverable
703 American Depositary Shares
Potential delivery under Equity Linked Notes at strike price 213.2515 per ADS
Key Terms
Employee Stock Purchase Plan, Long-Term Incentive Bonus Plan, Equity Linked Notes, American Depositary Shares, +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
"Represents Common Shares purchased by a trust with cash received under the issuer's Long-Term Incentive"
Equity Linked Notes financial
"The Equity Linked Notes are issued by UBS AG that reference a basket of equity securities"
strike price financial
"The strike price for each basket component equals 55% of its initial reference level"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did TSM executive Mii Yuh-Jier buy in this Form 4 filing for TSM?
Mii Yuh-Jier purchased 72 Common Shares (2330.TW) of TSM on August 7, 2026 at $73.31 per share through the company’s Employee Stock Purchase Plan, held indirectly via an ESPP trust.