well you are certainly correct about the “insider trading” aspect...which leads to a very interesting question...
Why would Gonzales and Shockey be buying stock in advance of this supposed merger, dividend, etc...??
If it happens and the stock goes through the roof they would be nailed to the wall for insider trading...without a doubt.
To me there are only a couple of possibilities
1) there really isn’t any huge deal coming so they are not at risk from that perspective, or
2) they really aren’t buying from the open market.
I guess there is a (3) ...they are just stupid.
But that above point is certainly an interesting question.