STOCK TITAN

Taiwan Semiconductor (NYSE: TSM) SVP Fang logs ESPP share purchase

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

Rhea-AI Filing Summary

Taiwan Semiconductor Manufacturing Co. Ltd. senior vice president and general counsel Shu-Hua Fang reported a small indirect share purchase. On behalf of Fang, the administrator of the company’s Employee Stock Purchase Plan bought 59 common shares at $71.82 per share, held through an ESPP trust under predetermined plan terms.

Following this ESPP transaction, Fang is shown with 6,486 common shares held indirectly via the ESPP trust, alongside other indirect positions through Ming Jing Capital, Ming Yuan Capital, an immediate family member, a spouse, and an LTI trust. The filing also lists 858,392 common shares held directly.

Positive

  • None.

Negative

  • None.
Insider Fang Shu-Hua
Role SVP and GC
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) -- -- --
holding Common Shares (2330.TW) -- -- --
holding Common Shares (2330.TW) -- -- --
holding Common Shares (2330.TW) -- -- --
Holdings After Transaction: Common Shares (2330.TW) — 6,486 shares (Indirect, By ESPP Trust); Common Shares (2330.TW) — 858,392 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) purchased via ESPP trust on 2026-05-08
Purchase price $71.82/share Average purchase price for ESPP shares
Direct holding 858,392 shares Common Shares held directly after transactions
Ming Jing Capital holding 350,000 shares Indirect ownership via Ming Jing Capital Co., Ltd.
Ming Yuan Capital holding 34,000 shares Indirect ownership via Ming Yuan Capital Co., Ltd.
ESPP trust holding 6,486 shares Common Shares held indirectly via ESPP trust after purchase
Spouse’s indirect holding 67,906 shares Indirect ownership reported as held by spouse
LTI trust holding 20,190 shares Indirect ownership via LTI Bonus Plan trust
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
"direct_or_indirect: "I", nature_of_ownership: "By ESPP Trust""
open-market purchase financial
"transaction_action: "open-market purchase" with transaction code P"
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*
Fang Shu-Hua

(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)
SVP and GC
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)858,392D
Common Shares (2330.TW)05/08/2026(1)PV59A$71.82(2)6,486(3)IBy ESPP Trust
Common Shares (2330.TW)20,190(4)IBy LTI Trust
Common Shares (2330.TW)67,906IBy Spouse
Common Shares (2330.TW)6,206IBy Immediate Family Member
Common Shares (2330.TW)34,000IBy Ming Yuan Capital Co., Ltd.
Common Shares (2330.TW)350,000IBy Ming Jing Capital Co., Ltd.
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 insider Shu-Hua Fang do in this Form 4 filing?

Shu-Hua Fang reported an indirect purchase of 59 Taiwan Semiconductor common shares at $71.82 per share. The shares were acquired by the administrator of the Employee Stock Purchase Plan under predetermined terms and are held through an ESPP trust.

How many Taiwan Semiconductor (TSM) shares does Shu-Hua Fang hold after this transaction?

After the reported activity, the filing shows Fang holding 858,392 common shares directly. It also lists several indirect positions, including 6,486 shares via an ESPP trust and additional holdings via Ming Jing Capital, Ming Yuan Capital, an immediate family member, a spouse, and an LTI trust.

Was the TSM share purchase by Shu-Hua Fang an open-market transaction?

Yes. The Form 4 classifies the 59-share transaction as a purchase in the open market or a private transaction at $71.82 per share. Footnotes explain it was executed by the Employee Stock Purchase Plan administrator under predetermined plan terms on Fang’s behalf.

Is the Shu-Hua Fang TSM share purchase part of an Employee Stock Purchase Plan?

Yes. The filing states the 59 common shares were purchased by the issuer’s Employee Stock Purchase Plan administrator for Fang, pursuant to plan terms. The shares are described as purchased and held under the company’s ESPP and held indirectly through an ESPP trust.

How are Shu-Hua Fang’s TSM indirect holdings structured in this Form 4?

Indirect holdings are reported through several entities and relationships: Ming Jing Capital, Ming Yuan Capital, an immediate family member, a spouse, an LTI trust, and an ESPP trust. Each line shows separate common share balances following the transactions, alongside Fang’s large direct holding.