TSMC (NYSE: TSM) VP gifts 500K shares while adding ESPP holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD VP Tzu-Sou Chuang reported a mix of gifting and purchasing activity in company shares. The largest move was a bona fide gift of 500,000 Common Shares (2330.TW), after which his directly held stake stood at 1,995,165 shares.
Separately, an administrator for the company’s Employee Stock Purchase Plan bought 46 Common Shares at $76.01 per share on his behalf under predetermined ESPP terms. These ESPP shares are held indirectly through a trust, totaling 5,714 shares, alongside 7,036 shares held indirectly via a Long-Term Incentive Bonus Plan trust over which he has investment control.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 46 shares ($3,496)
Net Buy
3 txns
Insider
Chuang Tzu-Sou
Role
VP
Bought
46 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Shares (2330.TW) | 500,000 | $0.00 | -- |
| Purchase | Common Shares (2330.TW) | 46 | $76.01 | $3K |
| holding | Common Shares (2330.TW) | -- | -- | -- |
Holdings After Transaction:
Common Shares (2330.TW) — 1,995,165 shares (Direct, null);
Common Shares (2330.TW) — 5,714 shares (Indirect, By ESPP Trust)
Footnotes (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. 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.
Key Figures
Gifted shares: 500,000 shares
Direct holdings after gift: 1,995,165 shares
ESPP purchase size: 46 shares
+4 more
7 metrics
Gifted shares
500,000 shares
Bona fide gift of Common Shares (2330.TW)
Direct holdings after gift
1,995,165 shares
Directly held Common Shares following 500,000-share gift
ESPP purchase size
46 shares
Common Shares bought via Employee Stock Purchase Plan
ESPP purchase price
$76.01 per share
Average U.S. dollar price for ESPP share purchase
ESPP trust holdings
5,714 shares
Indirect holdings under the issuer's ESPP trust
LTI trust holdings
7,036 shares
Indirect holdings via Long-Term Incentive Bonus Plan trust
FX rate used
NT$31.475 to US$1
Rate used to translate NT$2,392.5207 ESPP price
Key Terms
Employee Stock Purchase Plan ("ESPP"), Long-Term Incentive ("LTI") Bonus Plan, bona fide gift, indirect ownership
4 terms
Employee Stock Purchase Plan ("ESPP") financial
"Common Shares purchased by the administrator of the issuer's Employee Stock Purchase Plan ("ESPP") on behalf of the filer"
Long-Term Incentive ("LTI") Bonus Plan financial
"Represents Common Shares purchased by a trust with cash received under the issuer's Long-Term Incentive ("LTI") Bonus Plan"
bona fide gift financial
"transaction_code_description: 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 include shares held "By ESPP Trust" and "By LTI Trust""
FAQ
What insider transactions did TSM VP Tzu-Sou Chuang report on this Form 4?
Tzu-Sou Chuang reported a bona fide gift of 500,000 TSM Common Shares and a separate open-market style purchase of 46 shares via the Employee Stock Purchase Plan, plus updated indirect holdings through ESPP and Long-Term Incentive trusts.
What does the Long-Term Incentive (LTI) Bonus Plan holding mean for the TSM VP?
Under the Long-Term Incentive Bonus Plan, a trust purchased and holds 7,036 Common Shares with cash from incentive awards. The filing states the VP has obtained investment control over these LTI trust shares, making them an indirect form of ownership tied to long-term incentives.