Which One of the Following Is Most Apt to Be

Multiple Choice

Which one of the following is most apt to be considered insider trading?

A) Stu overhears Martha say that she is being promoted to sales manager.
B) Cathy compiles the financial statements and knows that net income for the latest quarter is significantly below analyst's forecasts.
C) Wes is an outside auditor and has found what he believes are significant accounting irregularities in a company's financial reports.
D) Theresa buys stock in ABC after she overhears a conversation between the firm's president and his wife concerning a proposed acquisition.
E) Lester buys shares of stock in his firm through his company retirement plan on a regular monthly basis.