TSMC (NYSE: TSM) SVP discloses 346,000-share stock gifts and holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD senior vice president Tzonz-Sheng Chang reported stock gifts rather than market trades. On 2026-07-03, filings show two bona fide gifts totaling 346,000 Common Shares (2330.TW) at a reported price of $0.0000 per share.
One 173,000-share gift relates to holdings reported "By Spouse," and another 173,000-share gift involves direct ownership. After these transactions, Chang reports 144,638 Common Shares held directly, plus indirect positions of 173,000 shares by spouse, 10,581 shares by an LTI trust, and 5,322 shares by an ESPP trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
346,000 shares gifted
Mixed
4 txns
Insider
Chang Tzonz-Sheng
Role
SVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Shares (2330.TW) | 173,000 | $0.00 | -- |
| Gift | Common Shares (2330.TW) | 173,000 | $0.00 | -- |
| holding | Common Shares (2330.TW) | -- | -- | -- |
| holding | Common Shares (2330.TW) | -- | -- | -- |
Holdings After Transaction:
Common Shares (2330.TW) — 144,638 shares (Direct, null);
Common Shares (2330.TW) — 173,000 shares (Indirect, By Spouse)
Footnotes (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
First gift: 173,000 shares
Second gift: 173,000 shares
Total gifted shares: 346,000 shares
+4 more
7 metrics
First gift
173,000 shares
Bona fide gift coded G, Common Shares (2330.TW), indirect by spouse
Second gift
173,000 shares
Bona fide gift coded G, Common Shares (2330.TW), direct ownership
Total gifted shares
346,000 shares
transactionSummary giftShares across two G-code transactions
Direct holdings after gifts
144,638 shares
Common Shares (2330.TW) held directly after 173,000-share gift
Spouse indirect holdings
173,000 shares
Common Shares (2330.TW) reported as indirectly owned "By Spouse"
LTI trust holdings
10,581 shares
Common Shares purchased by LTI trust where filer has investment control
ESPP trust holdings
5,322 shares
Common Shares purchased and held under Employee Stock Purchase Plan
Key Terms
Employee Stock Purchase Plan, Long-Term Incentive Bonus Plan, bona fide gift, indirect ownership
4 terms
Employee Stock Purchase Plan financial
"Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP")."
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
"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."
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"ownership_type": "indirect""
FAQ
What insider transaction did TSM SVP Tzonz-Sheng Chang report on this Form 4?
Tzonz-Sheng Chang reported two bona fide gifts of TSM Common Shares (2330.TW), each for 173,000 shares. These are non-market transfers, not open-market sales or purchases, and were reported at a price of $0.0000 per share.
Does this TSM Form 4 show any open-market buys or sells by the SVP?
No open-market buys or sells are shown. The transactions with a specified code are both "G" bona fide gifts, and the filing’s transaction summary reports giftCount of 2 and giftShares of 346,000, with zero buy or sell shares.
What plans or trusts are mentioned in TSM SVP Tzonz-Sheng Chang’s holdings?
Holdings are linked to the issuer’s Employee Stock Purchase Plan (ESPP) and a Long-Term Incentive (LTI) Bonus Plan. Footnotes state shares are purchased and held under these plans, including an LTI trust where Chang has obtained investment control.