If insiders could not trade (buy or sell) shares, would it be in their best interest to keep the NDA?  This would keep share price down until they were eligible to purchase.

On the other hand, if settlement was too low, information would not be let out until they could unload with everyone.

I believe the first senario sounds the most logical.  Like others believe, maybe there will not be an announcement of an acquisition until after the April 10Q.

Although I feel April's release of numbers is important, I don't feel it is an all or nothing event like some previous benchmarks. 

The above senarios are not even in my opinion.  Just food for thought.