STOCK TITAN

TSMC (NYSE: TSM) SVP Kevin Zhang adds shares through ESPP and updates holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD senior executive Kevin Xiaoqiang Zhang reported a small share purchase under the company’s employee plans. On June 5, 2026, a trust under the Employee Stock Purchase Plan bought 62 Common Shares (2330.TW) for him at $76.01 per share, based on a translated New Taiwan dollar price.

After this transaction, he indirectly holds 7,162 Common Shares through the ESPP trust and 20,190 Common Shares through a Long-Term Incentive bonus plan trust, over which he has investment control. He also directly owns 329,663 Common Shares and 2,500 American Depositary Shares, with each ADS representing five Common Shares.

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Insider Zhang Kevin Xiaoqiang
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 American Depositary Shares (TSM) -- -- --
holding Common Shares (2330.TW) -- -- --
Holdings After Transaction: Common Shares (2330.TW) — 7,162 shares (Indirect, By ESPP Trust); Common Shares (2330.TW) — 329,663 shares (Direct, null); American Depositary Shares (TSM) — 2,500 shares (Direct, null)
Footnotes (1)
  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.
ESPP purchase size 62 Common Shares Purchased on June 5, 2026 under ESPP
Purchase price $76.01 per share Price for 62 Common Shares bought via ESPP
Indirect ESPP holdings 7,162 Common Shares Indirect holdings via ESPP trust after transaction
Indirect LTI trust holdings 20,190 Common Shares Indirect holdings via LTI Bonus Plan trust
Direct common share holdings 329,663 Common Shares Direct holdings reported as of June 5, 2026
Direct ADS holdings 2,500 ADS American Depositary Shares held directly; each ADS = 5 Common Shares
ESPP FX rate NT$31.475 to US$1 Exchange rate used to translate NT$2,392.5207 average price
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.
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"
American Depositary Share financial
"Each American Depositary Share represents five (5) Common Shares."
An American Depositary Share (ADS) is a U.S.-listed certificate that represents a specified number of shares in a foreign company, held by a custodian bank; it works like a receipt that allows U.S. investors to buy and trade foreign equity on American exchanges without dealing with another country’s markets. Investors care because ADSs make foreign stocks easier to access, improve liquidity and settlement in dollars, and can affect dividend payments, voting rights and regulatory oversight compared with buying the underlying foreign shares directly.
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Zhang Kevin Xiaoqiang

(Last)(First)(Middle)
NO. 8, LI-HSIN ROAD 6
HSINCHU SCIENCE PARK

(Street)
HSINCHUTAIWAN300096

(City)(State)(Zip)

TAIWAN

(Country)
2. Issuer Name and Ticker or Trading Symbol
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD [ TSM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP and Deputy Co-COO
2a. Foreign Trading Symbol
[2330.TW]
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Shares (2330.TW)329,663D
American Depositary Shares (TSM)(1)2,500D
Common Shares (2330.TW)06/05/2026(2)PV62A$76.01(3)7,162(4)IBy ESPP Trust
Common Shares (2330.TW)20,190(5)IBy LTI Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Each American Depositary Share represents five (5) Common Shares.
2. 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.
3. 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.
4. Common Shares purchased and held under the issuer's Employee Stock Purchase Plan ("ESPP").
5. 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.
Remarks:
/s/ Shu-Hua Fang, as attorney-in-fact06/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did TSM executive Kevin Xiaoqiang Zhang report in this Form 4?

He reported a small share purchase under employee plans. A trust in Taiwan Semiconductor’s Employee Stock Purchase Plan acquired 62 Common Shares for him, in addition to his existing direct and indirect holdings in Common Shares and American Depositary Shares.

How many TSM shares did Kevin Xiaoqiang Zhang purchase on June 5, 2026?

He purchased 62 Common Shares (2330.TW). These were bought by the administrator of Taiwan Semiconductor’s Employee Stock Purchase Plan on his behalf under predetermined plan terms, rather than through a discretionary open-market trade.

What price did TSM’s ESPP pay for Kevin Zhang’s 62 Common Shares?

The 62 Common Shares were purchased at $76.01 per share. This U.S. dollar price was translated from an average New Taiwan dollar purchase price, using an exchange rate of NT$31.475 to US$1, as disclosed in the footnotes.

What are Kevin Xiaoqiang Zhang’s indirect TSM holdings after the ESPP purchase?

Indirectly, he holds 7,162 Common Shares through the Employee Stock Purchase Plan trust and 20,190 Common Shares through a Long-Term Incentive bonus plan trust, where he has investment control, according to the Form 4 holding entries and related footnotes.

What are Kevin Zhang’s direct holdings of Taiwan Semiconductor shares and ADSs?

Directly, he owns 329,663 Common Shares (2330.TW) and 2,500 American Depositary Shares of Taiwan Semiconductor. The filing notes that each American Depositary Share represents five Common Shares, providing additional U.S.-listed exposure to the company.

How many total transactions in TSM shares did this Form 4 show?

It showed one purchase transaction and several holding entries. The single purchase was for 62 Common Shares via the Employee Stock Purchase Plan, while three additional lines simply updated direct and indirect holdings of Common Shares and American Depositary Shares.