STOCK TITAN

[Form 4] TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD Insider Trading Activity

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

Rhea-AI Filing Summary

TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD VP Min Cao reported a small indirect share purchase. On May 8, 2026, an administrator for the company’s Employee Stock Purchase Plan bought 59 Common Shares (2330.TW) at $71.82 per share in an open-market transaction on behalf of Cao under predetermined plan terms.

After this ESPP transaction, Cao’s reported holdings include 6,554 Common Shares held by an ESPP trust, 10,581 Common Shares held by an LTI trust, 34,470 Common Shares held by a spouse, and 507,879 Common Shares held directly. No derivative securities are listed as outstanding in this filing.

Positive

  • None.

Negative

  • None.
Insider Cao Min
Role VP
Bought 59 shs ($4K)
Type Security Shares Price Value
Purchase Common Shares (2330.TW) 59 $71.82 $4K
holding Common Shares (2330.TW) -- -- --
holding Common Shares (2330.TW) -- -- --
holding Common Shares (2330.TW) -- -- --
Holdings After Transaction: Common Shares (2330.TW) — 6,554 shares (Indirect, By ESPP Trust); Common Shares (2330.TW) — 507,879 shares (Direct, null)
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$2,257.1777 in New Taiwan dollars, at the rate of NT$31.429 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 59 shares Common Shares (2330.TW) bought May 8, 2026
Purchase price $71.82 per share ESPP open-market transaction
Direct holdings after 507,879 shares Common Shares held directly after transactions
Spouse holdings after 34,470 shares Common Shares held indirectly by spouse
LTI trust holdings after 10,581 shares Common Shares held indirectly by LTI trust
ESPP trust holdings after 6,554 shares Common Shares held indirectly by ESPP trust
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"
indirect ownership financial
"total_shares_following_transaction 6,554.0000, direct_or_indirect I, nature_of_ownership By ESPP Trust"
open-market purchase financial
"transaction_action open-market purchase, transaction_code_description Purchase in open market or private transaction"
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.
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*
Cao Min

(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)
VP
2a. Foreign Trading Symbol
[2330.TW]
3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026
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)507,879D
Common Shares (2330.TW)05/08/2026(1)PV59A$71.82(2)6,554(3)IBy ESPP Trust
Common Shares (2330.TW)10,581(4)IBy LTI Trust
Common Shares (2330.TW)34,470IBy Spouse
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$2,257.1777 in New Taiwan dollars, at the rate of NT$31.429 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-fact05/11/2026
** 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 did TSM VP Min Cao report in this Form 4 filing?

Min Cao reported a small indirect purchase of 59 Taiwan Semiconductor Manufacturing Common Shares at $71.82 per share. The shares were bought through the company’s Employee Stock Purchase Plan by an administrator following predetermined plan terms.

How many TSM shares did Min Cao buy and at what price?

The filing shows an open-market purchase of 59 Common Shares (2330.TW) at $71.82 per share. The transaction was executed under the Employee Stock Purchase Plan, where purchases follow preset instructions rather than discretionary market timing.

How are Min Cao’s TSM shares held after the reported transactions?

After the reported transactions, holdings include 507,879 Common Shares held directly, 34,470 held by a spouse, 10,581 held by an LTI trust, and 6,554 held by an ESPP trust. These positions reflect a mix of direct and indirect ownership structures.

Was the TSM share purchase by Min Cao discretionary or plan-based?

The 59-share purchase was plan-based under Taiwan Semiconductor’s Employee Stock Purchase Plan. Footnotes state shares were bought by the ESPP administrator on predetermined terms, indicating a structured accumulation mechanism rather than ad hoc market timing by the executive.

Does Min Cao hold any derivative securities of TSM in this filing?

The filing’s derivative section shows no outstanding derivative securities for Min Cao. All reported positions are in Common Shares, held either directly or indirectly through a spouse, an ESPP trust, or a Long-Term Incentive bonus plan trust.