TSMC SVP Chang receives 12,881-share award
After the Sept. 1 vesting grant at no cash price, Chang’s direct, trust and spouse holdings total 346,528 TSM shares.
Rhea-AI Filing Summary
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM) reported that Senior Vice President Tzonz-Sheng Chang acquired 12,881 Common Shares on September 1, 2026 through vesting under the company’s Employee Restricted Stock Awards Rules at no cash price. Following this grant, Chang holds 157,519 shares directly, plus indirect holdings of 5,428 shares via an ESPP trust, 10,581 shares via an LTI bonus plan trust over which he has investment control, and 173,000 shares held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 12,881 shares
Grant/Award
4 txns
Insider
Chang Tzonz-Sheng
Role
SVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares (2330.TW) F1 | 12,881 | $0.00 | $0.00 |
| holding | Common Shares (2330.TW) F2 | -- | -- | -- |
| holding | Common Shares (2330.TW) F3 | -- | -- | -- |
| holding | Common Shares (2330.TW) | -- | -- | -- |
Holdings After Transaction:
Common Shares (2330.TW) — 157,519 shares (Direct);
Common Shares (2330.TW) — 5,428 shares (Indirect, By ESPP Trust);
Common Shares (2330.TW) — 10,581 shares (Indirect, By LTI Trust);
Common Shares (2330.TW) — 173,000 shares (Indirect, By Spouse)
Footnotes (3)
- F1. Represents Common Shares vested on September 1, 2026 in accordance with the issuer's Employee Restricted Stock Awards Rules.
- F2. Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP").
- F3. 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.
Key Figures
Awarded shares: 12,881 Common Shares
Direct holdings after transaction: 157,519 Common Shares
Indirect ESPP trust holdings: 5,428 Common Shares
+3 more
6 metrics
Awarded shares
12,881 Common Shares
Vested on September 1, 2026 under Employee Restricted Stock Awards Rules
Direct holdings after transaction
157,519 Common Shares
Shares directly owned by Tzonz-Sheng Chang after September 1, 2026 vesting
Indirect ESPP trust holdings
5,428 Common Shares
Shares purchased and held under the Employee Stock Purchase Plan ("ESPP")
Indirect LTI trust holdings
10,581 Common Shares
Shares purchased by a trust using Long-Term Incentive ("LTI") Bonus Plan cash; filer has investment control
Spouse’s indirect holdings
173,000 Common Shares
Shares reported as indirectly owned through spouse
Transaction price per share for award
$0.00 per share
Equity award recorded with no cash consideration for 12,881 vested shares
Key Terms
Employee Restricted Stock Awards Rules, Employee Stock Purchase Plan ("ESPP"), Long-Term Incentive ("LTI") Bonus Plan, investment control
4 terms
Employee Restricted Stock Awards Rules financial
"Represents Common Shares vested on September 1, 2026 in accordance with the issuer's Employee Restricted Stock Awards Rules"
Employee Stock Purchase Plan ("ESPP") financial
"Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP")"
Long-Term Incentive ("LTI") Bonus Plan financial
"purchased by a trust with cash received under the issuer's Long-Term Incentive ("LTI") Bonus Plan"
investment control financial
"over which the filer has obtained investment control"
FAQ
What insider transaction did TSM report for Tzonz-Sheng Chang on September 1, 2026?
TSM reported that Senior Vice President Tzonz-Sheng Chang acquired 12,881 Common Shares on September 1, 2026 via vesting under the Employee Restricted Stock Awards Rules, recorded at a $0.00 per-share transaction price as this was an equity award, not a market purchase.
What indirect TSM holdings does Tzonz-Sheng Chang report?
In addition to direct holdings, Tzonz-Sheng Chang reports 5,428 shares held by an ESPP trust, 10,581 shares held by a trust funded through the Long-Term Incentive Bonus Plan over which he has investment control, and 173,000 shares held by his spouse, all reported as indirect ownership.
Does the Form 4 for TSM indicate any sales or disposals by Tzonz-Sheng Chang?
No. The Form 4 reports one acquisition of 12,881 shares through a grant or award and provides three entries describing indirect holdings. The transaction summary shows no reported sales or disposals of TSM shares by Tzonz-Sheng Chang in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.