TSMC SVP & Deputy Co-COO Acquires Shares via Employee Stock Purchase Plan

Executive Summary

On September 9, 2026, Taiwan Semiconductor Manufacturing Co Ltd (TSM / 2330.TW) filed a Form 4 reporting an acquisition of Common Shares by Kevin Xiaoqiang Zhang, SVP and Deputy Co-COO. The transaction represents a routine purchase under TSMC's Employee Stock Purchase Plan (ESPP).

Transaction Details

• Date of Transaction: September 7, 2026
• Security: Common Shares (2330.TW)
• Shares Acquired: 61 shares
• Price Per Share: $76.20 (converted from NT$2,404.3453 at an exchange rate of NT$31.552 to US$1)
• Total Transaction Value: $4,648.20
• Nature of Ownership: Indirect, held by ESPP Trust

Total Beneficial Ownership Summary

Following this transaction, the insider's holdings comprise:

• Direct Common Shares: 349,976 shares
• Direct American Depositary Shares (ADS): 2,500 ADSs (representing 12,500 Common Shares)
• Indirect Common Shares (ESPP Trust): 7,347 shares
• Indirect Common Shares (LTI Trust): 20,190 shares

Analysis & Market Impact

This transaction was executed automatically via the company's ESPP trust according to predetermined plan parameters. Given the routine administrative nature and minimal dollar value ($4,648.20 relative to extensive direct equity holdings exceeding 349,000 shares), the trading significance is categorized as Low.