Banter and General Comments, page-3234

A hypothetical Q:

Say you bumped into someone who worked at MC at the pub and asked him/her about the current yield optimisation program....  
You know, general stuff, like how is it coming along, any major issues etc...
Would that, legally, be considered as some type of "insider info" and be a big no-no to act upon, or is it just good research and looking in the right spot for valuable information..?

Genuinely interested in the legal ramifications (if any) of this type of interaction.

Thanks