Which of the Following Constitutes Insider Trading

Multiple Choice

Which of the following constitutes insider trading?

A) an employee makes a profit by personally purchasing shares of the corporation prior to public release of favorable information
B) a manager purchases all shares of a corporation available to the public
C) a director purchases enough shares of a public company to gain a majority stake in its management
D) an employee sells his shares of the company to another employee without notice to the company