Was the TSM VP’s 40-share purchase a routine Employee Stock Purchase Plan transaction?

Yes. Footnotes state the Common Shares were purchased by the ESPP administrator on predetermined terms under TSM’s Employee Stock Purchase Plan. This indicates the 40-share acquisition is a routine, plan-driven purchase rather than a discretionary timing decision in the open market.

TSMC VP buys 40 shares via employee stock plan

TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD VP Hwang Yuan-Ko reported a net purchase of 40 Common Shares (2330.TW).

Filing Impact

(Neutral)

Filing Sentiment

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Form Type

Rhea-AI Filing Summary

TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD VP Hwang Yuan-Ko reported a net purchase of 40 Common Shares (2330.TW). On July 7, 2026, 40 shares were acquired at $76.62 per share through an open-market purchase executed by the administrator of the company’s Employee Stock Purchase Plan (ESPP) on the filer’s behalf, under terms predetermined by the issuer.

Following this transaction, indirect holdings through the ESPP Trust increased to 219 shares, while a separate line item shows 206,418 shares held directly after a holding entry on the same date. The ESPP purchase price was translated from an average cost of NT$2,462.6361 using an exchange rate of NT$32.143 to US$1, indicating a small, routine, compensation-related increase in the overall ownership position.

Insider Trade Summary

Net Buyer: 40 shares

Net Buy 2 txns

Insider Hwang Yuan-Ko

Role VP

Bought 40 shs ($3K)

Type	Security	Shares	Price	Value
Purchase	Common Shares (2330.TW)	40	$76.62	$3K
holding	Common Shares (2330.TW)	--	--	--

Holdings After Transaction: Common Shares (2330.TW) — 219 shares (Indirect, By ESPP Trust); Common Shares (2330.TW) — 206,418 shares (Direct)

Footnotes (3)

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.
F2. The price was translated from the average purchase price of NT$2,462.6361 in New Taiwan dollars, at the rate of NT$32.143 to US$1.
F3. Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP").

Key Figures

ESPP shares purchased: 40 shares Purchase price per share: $76.62 per share Direct holdings after transaction: 206,418 shares +3 more

6 metrics

ESPP shares purchased 40 shares Common Shares (2330.TW) acquired on July 7, 2026 under ESPP

Purchase price per share $76.62 per share Average U.S. dollar price for 40-share ESPP purchase

Direct holdings after transaction 206,418 shares Common Shares held directly after holding entry on July 7, 2026

Indirect ESPP holdings after transaction 219 shares Common Shares held indirectly by ESPP Trust after 40-share purchase

NTD purchase price NT$2,462.6361 Average purchase price per share in New Taiwan dollars for ESPP

FX rate used NT$32.143 to US$1 Exchange rate used to translate ESPP purchase price to U.S. dollars

Key Terms

Employee Stock Purchase Plan, ESPP Trust, open-market purchase, indirect ownership

4 terms

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

"direct_or_indirect: "I", nature_of_ownership: "By ESPP Trust""

open-market purchase financial

"transaction_action: "open-market purchase""

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.

indirect ownership financial

"ownership_type: "indirect", nature_of_ownership: "By ESPP Trust""

FAQ

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

What insider transaction did TSM VP Hwang Yuan-Ko report on this Form 4?

TSM VP Hwang Yuan-Ko reported buying 40 Common Shares (2330.TW) on July 7, 2026. The purchase was made via the company’s Employee Stock Purchase Plan by its administrator on the filer’s behalf under predetermined plan terms.

At what price were the 40 TSM Common Shares purchased on the ESPP transaction?

The 40 TSM Common Shares were purchased at an average price of $76.62 per share. This U.S. dollar price was translated from an NT$2,462.6361 average cost using an exchange rate of NT$32.143 to US$1, as disclosed in the filing.

How many TSM shares does Hwang Yuan-Ko hold after the reported Form 4 transactions?

After the reported transactions, Hwang Yuan-Ko holds 206,418 TSM Common Shares directly and 219 shares indirectly via the ESPP Trust. These amounts are reported as total shares following transaction for each respective ownership line item in the filing.

What is the role of the ESPP Trust in the TSM Form 4 transaction?

The ESPP Trust holds Common Shares purchased under TSM’s Employee Stock Purchase Plan on behalf of the filer. In this Form 4, the 40-share acquisition is recorded as indirect ownership “By ESPP Trust,” reflecting plan-based purchases rather than a discretionary personal trade.

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

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Accepted by SEC EDGAR 07/09/2026 - 06:11 AM

SEC Form 4

FORM 4

UNITED 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^*

Hwang Yuan-Ko

(Last)

(First)

(Middle)

NO. 8, LI-HSIN ROAD 6

HSINCHU SCIENCE PARK

(Street)

HSINCHU

TAIWAN

300096

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP

2a. Foreign Trading Symbol
[2330.TW]

3. Date of Earliest Transaction (Month/Day/Year)
07/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares (2330.TW)								206,418	D
Common Shares (2330.TW)	07/07/2026⁽¹⁾		P		40	A	$76.62⁽²⁾	219⁽³⁾	I	By ESPP 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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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$2,462.6361 in New Taiwan dollars, at the rate of NT$32.143 to US$1.

3. Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP").

Remarks:

	/s/ Jen-Chau Huang, as attorney-in-fact	07/09/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR