TSMC (NYSE: TSM) SVP adds shares through employee stock plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD senior executive Hou Yung-Chin reported a small open-market-equivalent purchase through the company’s employee stock plan. On this Form 4, an Employee Stock Purchase Plan trust bought 62 Common Shares (2330.TW) at $76.01 per share on the filer’s behalf under predetermined ESPP terms.
After this transaction, the ESPP trust holds 7,336 shares for the filer. Additional indirect holdings include 60,802 shares held by the spouse and 20,190 shares held by an LTI trust. Direct ownership is reported at 662,403 Common Shares, indicating this is a routine, small incremental purchase relative to the overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 62 shares ($4,713)
Net Buy
4 txns
Insider
Hou Yung-Chin
Role
SVP and Deputy Co-COO
Bought
62 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares (2330.TW) | 62 | $76.01 | $5K |
| holding | Common Shares (2330.TW) | -- | -- | -- |
| holding | Common Shares (2330.TW) | -- | -- | -- |
| holding | Common Shares (2330.TW) | -- | -- | -- |
Holdings After Transaction:
Common Shares (2330.TW) — 7,336 shares (Indirect, By ESPP Trust);
Common Shares (2330.TW) — 662,403 shares (Direct, null)
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
ESPP purchase size: 62 shares
ESPP purchase price: $76.01/share
ESPP trust holdings: 7,336 shares
+3 more
6 metrics
ESPP purchase size
62 shares
Common Shares (2330.TW) bought via ESPP trust
ESPP purchase price
$76.01/share
Translated from NT$2,392.5207 at NT$31.475 per US$1
ESPP trust holdings
7,336 shares
Indirect ownership after ESPP purchase
Spouse indirect holdings
60,802 shares
Indirect ownership by spouse
LTI trust holdings
20,190 shares
Indirect ownership by LTI trust
Direct holdings
662,403 shares
Direct ownership following the reported transactions
Key Terms
Employee Stock Purchase Plan, ESPP trust, Long-Term Incentive ("LTI") Bonus Plan, 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
"Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP")."
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"
indirect ownership financial
"total_shares_following_transaction ... direct_or_indirect "I" ... nature_of_ownership "By Spouse""
FAQ
What insider transaction did TSM (TSMC) report for Hou Yung-Chin?
TSMC reported that SVP and Deputy Co-COO Hou Yung-Chin had 62 Common Shares (2330.TW) purchased on his behalf through the company’s Employee Stock Purchase Plan at $76.01 per share, reflected as an indirect ownership position via an ESPP trust.
What are Hou Yung-Chin’s indirect TSM holdings via spouse and LTI trust?
The filing shows 60,802 TSM Common Shares held indirectly through Hou Yung-Chin’s spouse and 20,190 shares held indirectly through a Long-Term Incentive (LTI) bonus plan trust. These positions are reported as indirect ownership interests in addition to the ESPP trust holdings.
What exchange rate and local price were used for the TSM ESPP purchase?
The 62-share ESPP purchase price of $76.01 per share was translated from an average price of NT$2,392.5207 in New Taiwan dollars, using an exchange rate of NT$31.475 to US$1, according to the footnote included with the Form 4 disclosure.