STOCK TITAN

TSMC (NYSE: TSM) SVP adds ESPP and LTI trust share holdings

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

Rhea-AI Filing Summary

Taiwan Semiconductor Manufacturing Co. Ltd. senior vice president Tzonz-Sheng Chang reported a small open-market style purchase of 53 common shares at about $76.01 per share on June 5, 2026, executed by the administrator of the company’s Employee Stock Purchase Plan under predetermined terms.

These shares are held indirectly through an ESPP trust, where his total ESPP-related indirect holdings are now 5,322 common shares. He also indirectly owns 10,581 common shares via a Long-Term Incentive bonus plan trust, over which he has obtained investment control, and directly holds 317,638 common shares. No derivative securities are reported as outstanding in this filing.

Positive

  • None.

Negative

  • None.
Insider Chang Tzonz-Sheng
Role SVP
Bought 53 shs ($4K)
Type Security Shares Price Value
Purchase Common Shares (2330.TW) 53 $76.01 $4K
holding Common Shares (2330.TW) -- -- --
holding Common Shares (2330.TW) -- -- --
Holdings After Transaction: Common Shares (2330.TW) — 5,322 shares (Indirect, By ESPP Trust); Common Shares (2330.TW) — 317,638 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$2,392.5207 in New Taiwan dollars, at the rate of NT$31.475 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 53 shares Common Shares bought on June 5, 2026 via ESPP trust
Purchase price $76.01 per share ESPP average purchase price translated from NT$2,392.5207
Direct holdings 317,638 shares Common Shares held directly after transactions as of June 5, 2026
Indirect ESPP holdings 5,322 shares Common Shares held indirectly via ESPP trust after purchase
Indirect LTI trust holdings 10,581 shares Common Shares held indirectly via Long-Term Incentive 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 trust financial
"Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP")."
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: 5322.0000, direct_or_indirect: "I", nature_of_ownership: "By ESPP Trust""
open-market purchase financial
"transaction_action: "open-market purchase" for 53.0000 Common Shares (2330.TW)"
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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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)
06/05/2026
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)317,638D
Common Shares (2330.TW)06/05/2026(1)PV53A$76.01(2)5,322(3)IBy ESPP Trust
Common Shares (2330.TW)10,581(4)IBy LTI Trust
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$2,392.5207 in New Taiwan dollars, at the rate of NT$31.475 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/ Shu-Hua Fang, as attorney-in-fact06/09/2026
** 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)

FAQ

What insider transaction did TSM (Taiwan Semiconductor) report for SVP Tzonz-Sheng Chang?

TSMC reported that SVP Tzonz-Sheng Chang acquired 53 common shares through its Employee Stock Purchase Plan on June 5, 2026, at about $76.01 per share. The purchase was executed by the ESPP administrator under predetermined plan terms and is held via an ESPP trust.

How many Taiwan Semiconductor (TSM) shares does SVP Tzonz-Sheng Chang hold after this Form 4?

After the reported transactions, Tzonz-Sheng Chang directly holds 317,638 common shares of Taiwan Semiconductor. Indirectly, he holds 5,322 shares via an ESPP trust and 10,581 shares via a Long-Term Incentive bonus plan trust, all as of June 5, 2026.

Was the TSM insider share purchase part of an Employee Stock Purchase Plan?

Yes. The 53 Taiwan Semiconductor common shares were purchased by the administrator of the Employee Stock Purchase Plan on Chang’s behalf under predetermined terms. The shares are held in an ESPP trust and are described as common shares purchased and held under the issuer’s ESPP.

What price did the Taiwan Semiconductor insider pay per share in this Form 4?

The reported price is $76.01 per common share, translated from an average purchase price of NT$2,392.5207. The filing notes this New Taiwan dollar amount was converted using an exchange rate of NT$31.475 to US$1 for reporting purposes.

Does the Taiwan Semiconductor Form 4 show any derivative securities for Tzonz-Sheng Chang?

No derivative securities are listed for Tzonz-Sheng Chang in this Form 4. The filing only reports common share holdings and the small ESPP-related purchase, and the derivative position summary section shows no outstanding derivative transactions or balances.

How are TSM shares held by trusts attributed to Tzonz-Sheng Chang in this Form 4?

Some Taiwan Semiconductor shares are held indirectly through an ESPP trust and a Long-Term Incentive bonus plan trust. The filing states he has obtained investment control over shares in the LTI trust, and classifies those positions as indirect ownership interests associated with his role.