STOCK TITAN

Taiwan Semiconductor SVP buys 53 shares at $76

TSM senior vice president Tzonz-Sheng Chang reported a small ESPP-related share purchase and updated direct and indirect shareholdings.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM) reported that senior vice president Tzonz-Sheng Chang had 53 Common Shares (2330.TW) purchased on September 7, 2026, at $76.20 per share, through the administrator of the company’s Employee Stock Purchase Plan under terms predetermined by the company. The filing shows indirect holdings of 5,481 shares in the ESPP trust, 10,581 shares in a Long-Term Incentive bonus plan trust, 173,000 shares held by a spouse, and 157,519 shares held directly. No Rule 10b5-1 trading plan is reported.

Positive

  • None.

Negative

  • None.
Insider Chang Tzonz-Sheng
Role SVP
Bought 53 shs ($4K)
Type Security Shares Price Value
Purchase Common Shares (2330.TW) F1, F2, F3 53 $76.20 $4K
holding Common Shares (2330.TW) -- -- --
holding Common Shares (2330.TW) F4 -- -- --
holding Common Shares (2330.TW) -- -- --
Holdings After Transaction: Common Shares (2330.TW) — 5,481 shares (Indirect, By ESPP Trust); Common Shares (2330.TW) — 157,519 shares (Direct); Common Shares (2330.TW) — 10,581 shares (Indirect, By LTI Trust); Common Shares (2330.TW) — 173,000 shares (Indirect, By Spouse)
Footnotes (4)
  1. F1. 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. F2. The price was translated from the average purchase price of NT$2,404.3453 in New Taiwan dollars, at the rate of NT$31.552 to US$1.
  3. F3. Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP").
  4. F4. 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.
Shares purchased 53 shares Common Shares (2330.TW) bought on September 7, 2026 via ESPP administrator
Purchase price per share $76.20 per share Translated from NT$2,404.3453 at NT$31.552 to US$1 for the ESPP purchase
Indirect ESPP holdings 5,481 shares Common Shares held under the Employee Stock Purchase Plan after the transaction
Direct holdings 157,519 shares Directly owned Common Shares following the September 7, 2026 report
LTI trust holdings 10,581 shares Common Shares held through a Long-Term Incentive bonus plan trust
Spouse’s holdings 173,000 shares Common Shares held indirectly through spouse
ESPP NT$ purchase price NT$2,404.3453 per share Average purchase price in New Taiwan dollars used for the currency translation
Exchange rate used NT$31.552 to US$1 Rate applied to translate the ESPP purchase price into U.S. dollars
Employee Stock Purchase Plan financial
"Common Shares purchased by the administrator of the issuer's Employee Stock Purchase Plan"
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
"Represents Common Shares purchased by a trust with cash received under the issuer's Long-Term Incentive ("LTI") Bonus Plan"
indirect ownership financial
"Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP")."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did TSM report for SVP Tzonz-Sheng Chang on this Form 4?

The Form 4 reports that 53 Common Shares of TSM (2330.TW) were purchased on September 7, 2026 through the administrator of the Employee Stock Purchase Plan, at a reported price of $76.20 per share, under terms predetermined by the company.

How many TSM shares does Tzonz-Sheng Chang hold directly after this transaction?

After the reported transactions, Tzonz-Sheng Chang is shown as holding 157,519 TSM Common Shares directly. This figure is reported as the direct ownership position following the activity dated September 7, 2026.

What are Tzonz-Sheng Chang’s indirect TSM holdings reported on this Form 4?

The filing shows 5,481 shares held indirectly through an Employee Stock Purchase Plan trust, 10,581 shares held through a Long-Term Incentive bonus plan trust, and 173,000 shares held indirectly through a spouse.

Was the TSM insider purchase by Tzonz-Sheng Chang made under a Rule 10b5-1 plan?

No. The filing indicates no Rule 10b5-1 trading plan. The footnotes instead state that the shares were purchased by the Employee Stock Purchase Plan administrator on predetermined terms set by the issuer.

How was the TSM share purchase price for Tzonz-Sheng Chang determined?

A footnote explains the price was translated from an average purchase price of NT$2,404.3453 per share in New Taiwan dollars using an exchange rate of NT$31.552 to US$1, resulting in the reported $76.20 per share.

What role does the TSM Employee Stock Purchase Plan play in this Form 4?

The filing states that the 53 Common Shares were purchased by the administrator of the Employee Stock Purchase Plan on behalf of Tzonz-Sheng Chang, and that these shares are held under the plan, reflecting indirect ownership through an ESPP trust.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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*
Chang Tzonz-Sheng

(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
2a. Foreign Trading Symbol
[2330.TW]
3. Date of Earliest Transaction (Month/Day/Year)
09/07/2026
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)157,519D
Common Shares (2330.TW)09/07/2026(1)P53A$76.2(2)5,481(3)IBy ESPP Trust
Common Shares (2330.TW)10,581(4)IBy LTI Trust
Common Shares (2330.TW)173,000IBy 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$2,404.3453 in New Taiwan dollars, at the rate of NT$31.552 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-fact09/09/2026
** 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)

Keep reading