4)"A" is a member of the Board and learns of a pending acquisition (which has not yet been made public). "A" purchases 100 shares of common stock for $1,000. One month later the annual meeting of shareholders is held and "A" is not reelected. Also, the corporation announces the planned acquisition at the meeting and as a result the price of the stock increases to $20 per share. One week later, "A" sells the 100 shares purchased previously.Is there any profit "A" must return to the corporation?

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