STOCK TITAN

TSMC (NYSE: TSM) VP adds ESPP trust shares in open-market buy

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

Rhea-AI Filing Summary

TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD vice president Syun-Ming Jang reported an indirect open-market purchase of common shares on May 8, 2026. Through an Employee Stock Purchase Plan (ESPP) trust, 52 common shares were bought at $71.82 per share under predetermined plan terms.

After this purchase, the ESPP trust held 5,747 common shares for Jang. He also reported indirect holdings of 2,000 shares through his spouse and 7,036 shares through a Long-Term Incentive (LTI) bonus plan trust, plus 443,879 common shares held directly.

Positive

  • None.

Negative

  • None.
Insider Jang Syun-Ming
Role VP
Bought 52 shs ($4K)
Type Security Shares Price Value
Purchase Common Shares (2330.TW) 52 $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) — 5,747 shares (Indirect, By ESPP Trust); Common Shares (2330.TW) — 443,879 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 52 shares Common shares bought via ESPP trust on May 8, 2026
ESPP purchase price $71.82 per share Open-market purchase price for ESPP shares
Indirect ESPP holdings 5,747 shares Total common shares held by ESPP trust after transaction
Indirect spouse holdings 2,000 shares Common shares held indirectly through spouse
Indirect LTI trust holdings 7,036 shares Common shares held via Long-Term Incentive bonus plan trust
Direct holdings 443,879 shares Common shares held directly by Syun-Ming Jang
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": "5747.0000", "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*
Jang Syun-Ming

(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)443,879D
Common Shares (2330.TW)05/08/2026(1)PV52A$71.82(2)5,747(3)IBy ESPP Trust
Common Shares (2330.TW)7,036(4)IBy LTI Trust
Common Shares (2330.TW)2,000IBy 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$2,257.1777 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 insider transaction did TSM VP Syun-Ming Jang report on this Form 4?

TSM vice president Syun-Ming Jang reported an indirect open-market purchase of 52 common shares. The shares were acquired on May 8, 2026 through the company’s Employee Stock Purchase Plan (ESPP), and are held by an ESPP trust on his behalf under predetermined plan terms.

At what price were the TSM shares purchased under the ESPP on May 8, 2026?

The 52 TSM common shares were purchased at $71.82 per share. A footnote explains this price was translated from an average purchase price of NT$2,257.1777, using an exchange rate of NT$31.429 to US$1 for reporting in U.S. dollars.

How many TSM shares does Syun-Ming Jang hold indirectly after this Form 4?

After the reported transactions, Jang’s indirect holdings include 5,747 shares via the ESPP trust, 2,000 shares held by his spouse, and 7,036 shares held by an LTI bonus plan trust. These are in addition to his separate direct ownership of 443,879 common shares.

How many TSM shares does Syun-Ming Jang hold directly following the reported activity?

Following the reported activity, Syun-Ming Jang directly holds 443,879 TSM common shares. This direct position is separate from his indirect holdings through his spouse, the Employee Stock Purchase Plan trust, and the Long-Term Incentive bonus plan trust reported in the same Form 4.

What is the role of the ESPP trust in Syun-Ming Jang’s TSM share purchases?

The ESPP trust purchases and holds TSM common shares on Jang’s behalf under the Employee Stock Purchase Plan. Purchases are made by the plan administrator pursuant to predetermined terms, meaning the buy on May 8, 2026 reflects plan execution rather than an ad hoc market order.

What is the LTI bonus plan trust mentioned in Jang’s TSM holdings?

The Long-Term Incentive (LTI) bonus plan trust holds TSM common shares purchased with cash from the company’s LTI bonus plan. A footnote states this trust bought shares with bonus cash and that Jang has obtained investment control over these shares, which total 7,036 after the reported date.