TSMC (NYSE: TSM) VP Tzu-Sou Chuang makes 500,000-share bona fide gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD VP Tzu-Sou Chuang reported a bona fide gift of 500,000 Common Shares (2330.TW). The gift was recorded at a price of $0.0000 per share, indicating no sale proceeds or market transaction.
After this disposition, Chuang directly holds 1,495,165 Common Shares. The report also shows indirect holdings of 7,036 shares through a trust under the Long-Term Incentive Bonus Plan and 5,714 shares through a trust under the Employee Stock Purchase Plan, both as of the transaction date.
Positive
- None.
Negative
- None.
Insider Trade Summary
500,000 shares gifted
Mixed
3 txns
Insider
Chuang Tzu-Sou
Role
VP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Shares (2330.TW) | 500,000 | $0.00 | -- |
| holding | Common Shares (2330.TW) | -- | -- | -- |
| holding | Common Shares (2330.TW) | -- | -- | -- |
Holdings After Transaction:
Common Shares (2330.TW) — 1,495,165 shares (Direct, null);
Common Shares (2330.TW) — 5,714 shares (Indirect, By ESPP Trust)
Footnotes (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.
Key Figures
Gifted shares: 500,000 shares
Direct holdings after gift: 1,495,165 shares
LTI trust holdings: 7,036 shares
+2 more
5 metrics
Gifted shares
500,000 shares
Bona fide gift of Common Shares (2330.TW) at $0.0000
Direct holdings after gift
1,495,165 shares
Direct Common Shares following reported transaction
LTI trust holdings
7,036 shares
Indirect holdings via Long-Term Incentive Bonus Plan trust
ESPP trust holdings
5,714 shares
Indirect holdings via Employee Stock Purchase Plan trust
Gift price per share
$0.0000 per share
Indicates no consideration for the 500,000-share gift
Key Terms
Employee Stock Purchase Plan, Long-Term Incentive Bonus Plan, bona fide gift, indirect ownership
4 terms
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 Bonus Plan financial
"purchased by a trust with cash received under the issuer's Long-Term Incentive ("LTI") Bonus Plan"
bona fide gift financial
"transaction code description shows the disposition as a Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"Indirect holdings are reported as By LTI Trust and By ESPP Trust"
FAQ
What insider transaction did TSM VP Tzu-Sou Chuang report on this Form 4?
TSM VP Tzu-Sou Chuang reported a bona fide gift of 500,000 Common Shares (2330.TW). The shares were transferred at $0.0000 per share, indicating a non-market, no‑consideration disposition rather than an open‑market sale or purchase.
Does the TSM Form 4 show any open-market buying or selling by Tzu-Sou Chuang?
No open-market buying or selling is shown; the only disposition is a bona fide gift of 500,000 shares at $0.0000 per share. The other entries are holdings through employee-related trusts, not new market transactions in TSM stock.
What does a bona fide gift transaction mean for TSM insider activity?
A bona fide gift means shares were transferred without payment, so it is not an open-market sale. For TSM, this filing records a non-cash transfer of 500,000 shares by an insider rather than a trade that would directly generate sale proceeds.