Are Taiwan Semiconductor Manufacturing Company Ltd. insiders buying or selling?
The summary above shows the open-market buys and sales by Taiwan Semiconductor Manufacturing Company Ltd.'s directors, officers and 10% owners over the last 3, 6 and 12 months, from their SEC Form 4 filings.
What is a Form 4?
The form a US company's directors, senior officers and 10% owners must file with the SEC within two business days of buying or selling the company's shares.
Do insider sales at Taiwan Semiconductor Manufacturing Company Ltd. mean the stock will fall?
Not necessarily. Insiders sell for taxes, diversification or pre-set trading plans (marked "Pre-set plan"). Open-market buys tell you more, because insiders buy for one reason: they expect the price to rise. Information only, not investment advice.
What do grant, option exercise and tax withholding mean?
A grant is shares given as pay. An option exercise turns stock options into shares. Tax withholding is shares the company keeps to pay the insider's tax when shares vest. None of them is a trade at the insider's own choosing in the market.