TSMC COO Mii receives 32,204-share stock award
EVP and Co-COO Mii Yuh-Jier bought 32,204 TSM common shares on vesting at no cost on Sept. 1, raising his direct holdings to 1,286,261.
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Form Type
4
Rhea-AI Filing Summary
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM) reported that EVP and Co-COO Mii Yuh-Jier acquired 32,204 Common Shares (2330.TW) on September 1, 2026 through vesting under the issuer's Employee Restricted Stock Awards Rules at no cost. After this award, the reporting person holds 1,286,261 Common Shares directly, plus additional interests through an ESPP trust, an LTI bonus plan trust, American Depositary Shares, and Equity Linked Notes referencing TSM ADSs.
Insider Trade Summary
Grant/Award: 32,204 shares
Grant/Award
5 txns
Insider
Mii Yuh-Jier
Role
EVP and Co-COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares (2330.TW) F1 | 32,204 | $0.00 | $0.00 |
| holding | Equity Linked Notes F5, F6, F2 | -- | -- | -- |
| holding | American Depositary Shares (TSM) F2 | -- | -- | -- |
| holding | Common Shares (2330.TW) F3 | -- | -- | -- |
| holding | Common Shares (2330.TW) F4 | -- | -- | -- |
Holdings After Transaction:
Common Shares (2330.TW) — 1,286,261 shares (Direct);
Equity Linked Notes — 703 contracts (Direct);
American Depositary Shares (TSM) — 25 shares (Direct);
Common Shares (2330.TW) — 8,099 shares (Indirect, By ESPP Trust);
Common Shares (2330.TW) — 63,345 shares (Indirect, By LTI Trust)
Footnotes (6)
- F1. Represents Common Shares vested on September 1, 2026 in accordance with the issuer's Employee Restricted Stock Awards Rules.
- F2. Each American Depositary Share represents five (5) Common Shares.
- F3. Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP").
- F4. 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.
- F5. The Equity Linked Notes are issued by UBS AG that reference a basket of equity securities that includes the issuer's American Depositary Shares. The principal amount of the notes is US$150,000. The notes are exercisable and expire on March 4, 2027 (the "Exercisable Date"). Under the terms of the notes, if the notes are not redeemed early and the closing price of the worst-performing basket component is below its strike price on the Exercisable Date, the notes may be settled by delivery of shares or American Depositary Shares of that worst-performing basket component plus cash in lieu of any fractional share. The strike price for each basket component equals 55% of its initial reference level. If the issuer's American Depositary Shares are determined to be the worst-performing basket component, settlement may result in delivery of up to 703 American Depositary Shares of the issuer at a strike price of 213.2515 per American Depositary Share. [Continued in footnote 6]
- F6. [Continued from footnote 5] In addition, the notes may be redeemed for cash, (i) if, during the observation period prior to the Exercisable Date, the closing price of each basket component has reached its initial reference level at least once, or (ii) if the notes are not redeemed early and the closing price of the worst-performing basket component is at or above its strike price on the Exercisable Date.
Key Figures
Common Shares granted: 32,204 shares
Direct Common Share holdings: 1,286,261 shares
ESPP trust holdings: 8,099 shares
+5 more
8 metrics
Common Shares granted
32,204 shares
Employee Restricted Stock Awards vested on September 1, 2026 for EVP and Co-COO Mii Yuh-Jier
Direct Common Share holdings
1,286,261 shares
TSM Common Shares (2330.TW) held directly by Mii Yuh-Jier after the reported award
ESPP trust holdings
8,099 shares
TSM Common Shares held indirectly by ESPP trust for the reporting person
LTI trust holdings
63,345 shares
TSM Common Shares held indirectly by a trust under the Long-Term Incentive Bonus Plan
American Depositary Shares
25 ADSs
TSM ADSs held directly; each ADS represents five Common Shares
Equity Linked Notes principal
US$150,000
Principal amount of UBS AG Equity Linked Notes referencing a basket including TSM ADSs
Underlying TSM ADSs in notes
703 ADSs
Maximum number of TSM ADSs deliverable if TSM is worst-performing basket component at maturity
Strike price per TSM ADS
213.2515 per ADS
Strike price for potential settlement of TSM ADSs under the Equity Linked Notes
Key Terms
Employee Restricted Stock Awards Rules, Employee Stock Purchase Plan, Long-Term Incentive ("LTI") Bonus Plan, Equity Linked Notes, +2 more
6 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 financial
"Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP")"
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.
Long-Term Incentive ("LTI") Bonus Plan financial
"purchased by a trust with cash received under the issuer's Long-Term Incentive ("LTI") Bonus Plan"
Equity Linked Notes financial
"The Equity Linked Notes are issued by UBS AG that reference a basket"
strike price financial
"The strike price for each basket component equals 55% of its initial reference level"
The strike price is the fixed price at which an option gives its holder the right to buy or sell an underlying stock. Think of it like a coupon that lets you transact at a pre-agreed price regardless of the market; for investors it determines whether an option will be profitable, influences potential gains or losses, and is a key factor in the option’s market value and risk profile.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity award did TSM report for EVP and Co-COO Mii Yuh-Jier?
TSM reported that EVP and Co-COO Mii Yuh-Jier received an award of 32,204 Common Shares on September 1, 2026, vesting under the issuer's Employee Restricted Stock Awards Rules at a price of $0.00 per share.
What exposure to TSM ADSs is provided by the Equity Linked Notes reported in the TSM Form 4?
The Form 4 discloses Equity Linked Notes issued by UBS AG referencing a basket that includes TSM ADSs, with potential settlement in up to 703 TSM ADSs at a strike price of 213.2515 per ADS if TSM ADSs are the worst-performing basket component at maturity on March 4, 2027.
What is the principal amount of the Equity Linked Notes associated with TSM ADSs?
The Equity Linked Notes that reference a basket including TSM American Depositary Shares have a principal amount of US$150,000. They are exercisable and expire on March 4, 2027, with settlement mechanics depending on basket performance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
