Form 4 | TSMC Vice President Chuang Tzu-Sou sold 200,000 shares

Filings Track05-19 18:30
According to the latest Form 4 filing, Taiwan Semiconductor Manufacturing Co. Ltd. (TSM, 2330.TW) Vice President Chuang Tzu-Sou sold 200,000 common shares on May 19, 2026 via an open-market transaction at a reference price of approximately US$69.83 per share, translated from NT$2,210 at an exchange rate of NT$31.65 to US$1. Following this sale, his direct holdings stand at 2,495,165 shares, with additional indirect holdings of 5,668 shares via the ESPP trust and 7,036 shares via the LTI trust. Executive share sales can be interpreted as profit-taking or portfolio rebalancing and may exert mildly negative sentiment on the stock in the short term. However, given that the executive still retains a substantial stake and there is no pattern of intensive, repeated selling indicated, the overall impact appears limited and should be weighed against TSMC’s fundamentals and industry conditions.
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