TSMC (NYSE: TSM) EVP adds shares through ESPP purchase and trusts
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD EVP and Co-COO Yuh-Jier Mii reported a small open-market purchase of 72 Common Shares (2330.TW) on June 5, 2026, acquired indirectly through an Employee Stock Purchase Plan trust at $76.0100 per share.
After this transaction, the ESPP trust holds 7,959 common shares for his benefit, while a separate Long-Term Incentive trust holds 63,345 common shares and he directly owns 1,254,057 common shares plus 25 American Depositary Shares.
He also holds Equity Linked Notes issued by UBS AG that reference a basket including TSM American Depositary Shares, which may settle in up to 703 ADS if conditions at their March 4, 2027 exercisable date are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 72 shares ($5,473)
Net Buy
5 txns
Insider
Mii Yuh-Jier
Role
EVP and Co-COO
Bought
72 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares (2330.TW) | 72 | $76.01 | $5K |
| holding | Equity Linked Notes | -- | -- | -- |
| holding | Common Shares (2330.TW) | -- | -- | -- |
| holding | American Depositary Shares (TSM) | -- | -- | -- |
| holding | Common Shares (2330.TW) | -- | -- | -- |
Holdings After Transaction:
Common Shares (2330.TW) — 7,959 shares (Indirect, By ESPP Trust);
Equity Linked Notes — 703 shares (Direct, null);
Common Shares (2330.TW) — 1,254,057 shares (Direct, null);
American Depositary Shares (TSM) — 25 shares (Direct, null)
Footnotes (1)
- Each American Depositary Share represents five (5) Common Shares. 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. 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 7] [Continued from footnote 6] 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
ESPP purchase size: 72 common shares
ESPP purchase price: $76.0100 per share
ESPP trust holdings: 7,959 common shares
+5 more
8 metrics
ESPP purchase size
72 common shares
Open-market purchase on June 5, 2026 via ESPP trust
ESPP purchase price
$76.0100 per share
Translated from NT$2,392.5207 at NT$31.475/US$1
ESPP trust holdings
7,959 common shares
Common Shares held under Employee Stock Purchase Plan after transaction
LTI trust holdings
63,345 common shares
Common Shares held via Long-Term Incentive Bonus Plan trust
Direct common share holdings
1,254,057 common shares
Directly owned Common Shares following reported holdings update
Direct ADS holdings
25 ADS
American Depositary Shares directly held
Equity Linked Notes principal
$150,000
Principal amount of UBS AG notes referencing TSM ADS
Underlying ADS from notes
703 ADS
Maximum ADS deliverable if TSM ADS are worst-performing component at March 4, 2027 exercisable date
Key Terms
Employee Stock Purchase Plan, Long-Term Incentive Bonus Plan, American Depositary Shares, Equity Linked Notes, +1 more
5 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
"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."
Equity Linked Notes financial
"The Equity Linked Notes are issued by UBS AG that reference a basket of equity securities that includes the issuer's American Depositary Shares."
initial reference level financial
"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."
FAQ
What is the role of trusts in Yuh-Jier Mii’s TSM holdings?
Two trusts hold TSM common shares for Yuh-Jier Mii: an ESPP trust with 7,959 shares purchased under the Employee Stock Purchase Plan, and an LTI trust with 63,345 shares funded by Long-Term Incentive bonus cash, over which he has obtained investment control.
What Equity Linked Notes tied to TSM does Yuh-Jier Mii hold?
He holds Equity Linked Notes issued by UBS AG referencing a basket that includes TSM ADS. If TSM ADS are the worst-performing component, settlement may deliver up to 703 ADS at a strike price of 213.2515 per ADS on March 4, 2027.