TSMC SVP & Deputy Co-COO Acquires 59 Shares via ESPP

Executive Summary

On October 8, 2026, Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM / TWSE: 2330) filed a Form 4 detailing an acquisition of 59 common shares by Kevin Xiaoqiang Zhang, Senior Vice President and Deputy Co-COO. The purchase took place on October 7, 2026, under TSMC's Employee Stock Purchase Plan (ESPP) at an effective price of $79.39 per share (translated from NT$2,524.2277 at an exchange rate of NT$31.795 to US$1), for a total transaction value of approximately $4,684.01.

Transaction Details & Ownership Structure

• Transaction Code: P (Open-market or private purchase under an employee plan)
• Shares Acquired: 59 common shares
• Price per Share: $79.39
• Holding Mechanism: Held indirectly via the ESPP Trust
• Post-Transaction Holdings:
  • Indirect via ESPP Trust: 7,406 common shares
  • Indirect via LTI Trust: 20,190 common shares
  • Direct Common Shares: 349,976 shares
  • Direct American Depositary Shares (ADS): 2,500 ADSs (equivalent to 12,500 common shares)

Market & Strategic Significance

The transaction carries Low significance for market participants. The purchase was executed automatically via the company's predetermined ESPP schedule rather than representing a discretionary open-market buy. Given the minimal capital outlay ($4,684.01) relative to Zhang's extensive total equity holding in TSMC (exceeding 370,000 equivalent common shares), this filing reflects standard programmatic compensation participation rather than a standalone directional view.