BORETA RONALD S 4
Research Summary
AI-generated summary
Agassi Sports (AASP) 10% Owner Ronald S. Boreta Receives 50,000 Shares
What Happened Ronald S. Boreta, reported as a 10% owner of Agassi Sports Entertainment Corp. (AASP), received (award/grant) 50,000 shares on March 13, 2026. The reported acquisition price was $5.00 per share, totaling $250,000. The transaction is reported on a Form 4 as an "A" (grant/award/other acquisition), which typically reflects a company-issued award or allocation rather than an open-market purchase.
Key Details
- Transaction date: 2026-03-13; filing date: 2026-03-17 (Form 4 filed timely).
- Transaction type/code: Award/Grant/Other Acquisition (A).
- Shares acquired: 50,000 at $5.00 per share; total value $250,000.
- Shares owned after transaction: Not specified in the filing.
- Footnotes of note:
- F1: Boreta disclaims beneficial ownership except to the extent of his pecuniary interest.
- F2–F4: Boreta acts in capacities (trustee, director, majority/manager roles) for related entities that hold shares and have voting/disposal rights.
- No indication the filing was late.
Context
- This is a purchase/award (acquisition), which is generally more informative than a routine sale for investors because it indicates the insider received or was granted equity.
- As a reported 10% owner with trustee/director/owner roles in affiliated entities, these holdings may reflect institutional/controlling interests rather than routine executive trading.