Taiwan Semiconductor (NYSE: TSM) VP Liaw Yung-Haw exits Section 16 role
Rhea-AI Filing Summary
Taiwan Semiconductor Manufacturing Co Ltd reports that VP Liaw Yung-Haw submitted a Form 4 indicating no reportable insider share transactions. The report notes that Liaw retired on August 5, 2026 and is no longer subject to Section 16 insider reporting requirements.
Positive
- None.
Negative
- None.
Key Figures
Reported buy transactions: 0 shares
Reported sell transactions: 0 shares
Net shares bought or sold: 0 shares
3 metrics
Reported buy transactions
0 shares
Buy transactions reported in this Form 4
Reported sell transactions
0 shares
Sell transactions reported in this Form 4
Net shares bought or sold
0 shares
Net insider share activity in this report
Key Terms
Section 16, Reporting Person, Form 4
3 terms
Section 16 regulatory
"and is no longer subject to Section 16."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Reporting Person regulatory
"The Reporting Person retired on August 5, 2026"
Form 4 regulatory
"submitted a Form 4 indicating no reportable insider share transactions"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the latest Form 4 for TSM disclose?
The latest Form 4 for TSM shows no insider share purchases or sales. It records that VP Liaw Yung-Haw retired on August 5, 2026 and, as a result, is no longer subject to Section 16 insider reporting requirements.
Who is the reporting person in TSM’s recent Form 4?
The reporting person is Liaw Yung-Haw, a former Vice President of Taiwan Semiconductor Manufacturing Co Ltd. The report focuses on his retirement and resulting change in regulatory status, rather than any stock transactions or option exercises.
How does Liaw Yung-Haw’s retirement affect TSM’s Section 16 reporting?
After retiring on August 5, 2026, Liaw Yung-Haw is no longer a Section 16 reporting person for TSM. This means future insider ownership or trading reports for the company will exclude him unless he later holds a role that restores Section 16 status.