Chaiwat Kovavisarach, Chief Executive Officer and President of Bangchak Corporation Public Company Limited, or BCP, reported to the Securities and Exchange Commission that he sold 600,000 ordinary shares of the company at an average price of 55.50 baht on September 25, 2026, through the Stock Exchange of Thailand via Auto Matching, with Kiatnakin Phatra Securities Public Company Limited acting as the broker for the transaction. Following this sale, Chaiwat still holds 2,500,000 BCP shares. The share sale came after reports that Chaiwat will step down from his position as BCP CEO by the end of this year.
Bangchak Corporation Public Company LimitedCEO Chaiwat sold 600,000 BCP shares at 55.50 baht after news he will step down as CEO by year-end, a negative insider-selling signal.
