Viacom Inc. (VIA) Files Form 4 Insider Selling : Charest Katherine Gill Sells 6,110 Shares

Viacom Inc. (VIA): Charest Katherine Gill , SVP, Controller of Viacom Inc. sold 6,110 shares on May 31, 2016. The Insider selling transaction was reported by the company on Jun 2, 2016 to the Securities and Exchange Commission. The shares were sold at $44.24 per share for a total value of $270,306.41 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 18, 2016, Carl D Folta (EVP, Corporate Communications) sold 15,217 shares at $39.34 per share price.On Mar 9, 2016, Charest Katherine Gill (SVP, Controller) sold 3,339 shares at $40.00 per share price.Also, On Nov 20, 2015, George S Abrams (director) sold 3,171 shares at $51.73 per share price.On Nov 17, 2015, Shari Redstone (Vice Chair of the Board) sold 4,886 shares at $49.29 per share price.

On May 18, 2016, Viacom announced a cash dividend of $0.4000. The company’s management has announced Jun 13, 2016 as the ex-dividend date and fixed the record date on Jun 15, 2016. The payable date has been fixed on Jul 1, 2016.

Viacom Inc. (Viacom) is an entertainment content company that connects with audiences in over 160 countries and territories and creates compelling television programs motion pictures short-form video applications games consumer products social media and other entertainment content. The Company operates through two segments: Media Networks and Filmed Entertainment. Viacom Media Networks’ program services reached approximately 700 million households in over 160 countries. Viacom Media Networks operates the international extensions of the multimedia brands MTV VH1 Nickelodeon Comedy Central and BET as well as certain program services. The Company’s Filmed Entertainment segment produces finances acquires and distributes motion pictures and other entertainment content. under the Paramount Pictures Paramount Vantage Paramount Classics Insurge Pictures MTV Films and Nickelodeon Movies brands.

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