TSMC EVP buys 88 shares via employee stock plan
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD executive Yuh-Jier Mii made a small share purchase through an employee plan.
Rhea-AI Filing Summary
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD executive Yuh-Jier Mii made a small share purchase through an employee plan. On Common Shares (2330.TW), an ESPP trust bought 88 shares on 2026-04-09 at $57.87 per share in an open-market transaction on his behalf, raising his indirect ESPP trust holdings to 7,812 shares.
He also holds 1,254,057 Common Shares directly, 63,345 Common Shares indirectly via an LTI trust, and 25 American Depositary Shares directly. In addition, he owns two Equity Linked Notes issued by UBS AG referencing up to 636 and 703 TSM American Depositary Shares, which are exercisable through 2026-09-21 and 2027-03-04.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 88 shares
Net Buy
6 txns
Insider
Mii Yuh-Jier
Role
EVP and Co-COO
Bought
88 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares (2330.TW) | 88 | $57.87 | $5K |
| holding | Equity Linked Notes | -- | -- | -- |
| holding | Equity Linked Notes | -- | -- | -- |
| holding | Common Shares (2330.TW) | -- | -- | -- |
| holding | American Depositary Shares (TSM) | -- | -- | -- |
| holding | Common Shares (2330.TW) | -- | -- | -- |
Holdings After Transaction:
Common Shares (2330.TW) — 7,812 shares (Indirect, By ESPP Trust);
Equity Linked Notes — 1,339 contracts (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 (9)
- 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$1,837.2789 in New Taiwan dollars, at the rate of NT$31.748 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 September 21, 2026 (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 70% 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 636 American Depositary Shares of the issuer at a strike price of 235.697 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.
- F8. 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 9]
- F9. [Continued from footnote 8] 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
ESPP purchase: 88 Common Shares at $57.87
Indirect ESPP holdings: 7,812 Common Shares
Direct common holdings: 1,254,057 Common Shares
+5 more
8 metrics
ESPP purchase
88 Common Shares at $57.87
Open-market purchase on 2026-04-09 via ESPP trust
Indirect ESPP holdings
7,812 Common Shares
Held indirectly by ESPP trust after purchase
Direct common holdings
1,254,057 Common Shares
Direct ownership position as of 2026-04-09
Indirect LTI trust holdings
63,345 Common Shares
Held indirectly via Long-Term Incentive Bonus Plan trust
Direct ADS holdings
25 ADS
American Depositary Shares of TSM held directly
Equity Linked Note principal
$150,000 per note
Two UBS notes referencing TSM ADS, each $150,000 principal
Underlying ADS on first note
Up to 636 ADS at 235.697
Potential settlement if TSM ADS worst-performing; expires 2026-09-21
Underlying ADS on second note
Up to 703 ADS at 213.2515
Potential settlement if TSM ADS worst-performing; expires 2027-03-04
Key Terms
Employee Stock Purchase Plan, Equity Linked Notes, American Depositary Shares, Long-Term Incentive ("LTI") Bonus Plan, +1 more
5 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.
Equity Linked Notes financial
"The Equity Linked Notes are issued by UBS AG that reference a basket of equity securities"
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"
strike price financial
"The strike price for each basket component equals 70% 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.
FAQ
What did TSM executive Yuh-Jier Mii buy in this Form 4 filing?
Executive vice president Yuh-Jier Mii indirectly acquired 88 Common Shares (2330.TW) for $57.87 each on 2026-04-09. The shares were purchased under Taiwan Semiconductor’s Employee Stock Purchase Plan by an ESPP trust on his behalf, increasing his indirect ESPP holdings to 7,812 shares.
What Equity Linked Notes tied to TSM does Yuh-Jier Mii hold?
He holds two UBS-issued Equity Linked Notes referencing a basket including TSM American Depositary Shares, each with $150,000 principal. One may deliver up to 636 ADS with a strike of 235.697 per ADS, expiring 2026-09-21; the other up to 703 ADS at 213.2515 per ADS, expiring 2027-03-04.
AI-generated analysis. How Rhea-AI works. Not financial advice.
