STOCK TITAN

ESPP purchase adds to TSMC (NYSE: TSM) VP Lu Lee-Chung’s share holdings

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

Rhea-AI Filing Summary

TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD vice president Lu Lee-Chung reported an open-market style purchase of 49 Common Shares (2330.TW) on July 7, 2026, executed by the administrator of the company’s Employee Stock Purchase Plan according to predetermined terms, at $76.62 per share.

After this ESPP transaction, indirect holdings through the ESPP trust totaled 6,382 shares, alongside 7,036 shares held by an LTI trust and 15,000 shares held by a spouse. Direct ownership stood at 276,716 shares, indicating this was a relatively small, routine increase in overall exposure.

Positive

  • None.

Negative

  • None.
Insider Lu Lee-Chung
Role VP
Bought 49 shs ($4K)
Type Security Shares Price Value
Purchase Common Shares (2330.TW) 49 $76.62 $4K
holding Common Shares (2330.TW) -- -- --
holding Common Shares (2330.TW) -- -- --
holding Common Shares (2330.TW) -- -- --
Holdings After Transaction: Common Shares (2330.TW) — 6,382 shares (Indirect, By ESPP Trust); Common Shares (2330.TW) — 276,716 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$2,462.6361 in New Taiwan dollars, at the rate of NT$32.143 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 49 shares at $76.62 Common Shares (2330.TW) bought on July 7, 2026 via ESPP
Indirect ESPP holdings 6,382 shares Total Common Shares held by ESPP trust after transaction
Indirect LTI trust holdings 7,036 shares Common Shares held by LTI trust after reported transactions
Indirect spouse holdings 15,000 shares Common Shares held by spouse after reported transactions
Direct holdings 276,716 shares Common Shares held directly by Lu after reported transactions
NTD purchase price NT$2,462.6361 Average ESPP purchase price per share in New Taiwan dollars
FX rate used NT$32.143 to US$1 Exchange rate used to translate ESPP share price to USD
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
"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.
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FAQ

What insider transaction did TSM (TSMC) VP Lu Lee-Chung report?

Lu Lee-Chung reported buying 49 TSM common shares on July 7, 2026. The purchase was made via the company’s Employee Stock Purchase Plan, with the plan administrator executing the trade under predetermined terms at $76.62 per share.

At what price were the TSM shares purchased in the ESPP transaction?

The 49 TSM common shares were purchased at $76.62 per share. This price reflects a translation from an average NT$2,462.6361 purchase price, using an exchange rate of NT$32.143 to US$1 disclosed in the filing footnotes.

How many TSM shares does VP Lu hold through the ESPP trust after the purchase?

Following the transaction, Lu’s indirect holdings through the ESPP trust totaled 6,382 TSM common shares. These shares are purchased and held under Taiwan Semiconductor Manufacturing’s Employee Stock Purchase Plan as described in the filing’s explanatory footnotes.

What are VP Lu’s total direct TSM share holdings after this Form 4 filing?

The filing shows direct ownership of 276,716 TSM common shares after the reported transactions. This direct stake is separate from additional indirect holdings through a spouse’s account, an LTI trust, and the ESPP trust associated with company incentive programs.

What indirect TSM holdings does VP Lu have via spouse and LTI trust?

The Form 4 lists 15,000 TSM common shares held by a spouse and 7,036 shares held by a Long-Term Incentive (LTI) trust. Both positions are classified as indirect ownership, with the LTI trust funded from the issuer’s LTI Bonus Plan.

Does this TSM insider transaction appear to be a routine plan purchase?

Yes, the filing states the 49-share purchase was made by the ESPP administrator under predetermined plan terms. Such Employee Stock Purchase Plan transactions are typically systematic, reflecting ongoing participation rather than discretionary, large-scale insider buying or selling.
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*
Lu Lee-Chung

(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)
07/07/2026
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)276,716D
Common Shares (2330.TW)07/07/2026(1)P49A$76.62(2)6,382(3)IBy ESPP Trust
Common Shares (2330.TW)7,036(4)IBy LTI Trust
Common Shares (2330.TW)15,000IBy 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$2,462.6361 in New Taiwan dollars, at the rate of NT$32.143 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-fact07/09/2026
** 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)