TSMC (NYSE: TSM) VP Min Cao adds shares through ESPP trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD vice president Min Cao reported an indirect open-market purchase of common shares on June 5, 2026. An administrator of the company’s Employee Stock Purchase Plan bought 54 shares at $76.01 per share under predetermined plan terms, held in an ESPP trust for Cao.
After this ESPP transaction, Cao held 6,608 common shares indirectly through the ESPP trust, 34,470 shares indirectly through a spouse, 10,581 shares indirectly via a Long-Term Incentive bonus plan trust, and 507,879 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 54 shares ($4,105)
Net Buy
4 txns
Insider
Cao Min
Role
VP
Bought
54 shs ($4K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares (2330.TW) | 54 | $76.01 | $4K |
| holding | Common Shares (2330.TW) | -- | -- | -- |
| holding | Common Shares (2330.TW) | -- | -- | -- |
| holding | Common Shares (2330.TW) | -- | -- | -- |
Holdings After Transaction:
Common Shares (2330.TW) — 6,608 shares (Indirect, By ESPP Trust);
Common Shares (2330.TW) — 507,879 shares (Direct, null)
Footnotes (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$2,392.5207 in New Taiwan dollars, at the rate of NT$31.475 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.
Key Figures
ESPP purchase size: 54 shares
ESPP purchase price: $76.01 per share
Indirect ESPP holdings: 6,608 shares
+5 more
8 metrics
ESPP purchase size
54 shares
Common Shares purchased via ESPP on June 5, 2026
ESPP purchase price
$76.01 per share
Translated from NT$2,392.5207 at NT$31.475 to US$1
Indirect ESPP holdings
6,608 shares
Common Shares held under ESPP after transaction
Indirect spouse holdings
34,470 shares
Common Shares held indirectly through spouse after transaction
Indirect LTI trust holdings
10,581 shares
Common Shares held via Long-Term Incentive bonus plan trust
Direct holdings
507,879 shares
Common Shares held directly following reported transactions
NT dollar purchase price
NT$2,392.5207
Average ESPP purchase price in New Taiwan dollars
FX rate
NT$31.475 to US$1
Exchange rate used to translate ESPP purchase price
Key Terms
Employee Stock Purchase Plan, ESPP, Long-Term Incentive ("LTI") Bonus Plan, indirect ownership
4 terms
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 financial
"Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP")."
An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.
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"
indirect ownership financial
"nature_of_ownership: By Spouse; By LTI Trust; By ESPP Trust, reported as indirect ownership"
FAQ
What insider transaction did TSM VP Min Cao report on this Form 4?
Min Cao reported an indirect purchase of 54 common shares of TSM through the company’s Employee Stock Purchase Plan. The shares were acquired on June 5, 2026 and are held in an ESPP trust on the executive’s behalf under predetermined plan terms.
Was the TSM ESPP purchase by Min Cao discretionary or prearranged?
The filing explains that the ESPP shares were purchased by the plan administrator on behalf of Min Cao under terms predetermined by the issuer. This indicates the transaction followed structured Employee Stock Purchase Plan rules rather than a discretionary open-market trade.