AGASSI ANDRE K 4
Research Summary
AI-generated summary
Agassi Sports (AASP) 10% Owner Andre Agassi Buys 50,000 Shares
What Happened
Andre Agassi, reported as a 10% owner of Agassi Sports Entertainment Corp. (AASP), acquired 50,000 shares at $5.00 per share for a total cost of $250,000. The transaction is reported as a purchase (transaction code P), which investors commonly view as a more informative (potentially bullish) signal than routine sales.
Key Details
- Transaction reported on Form 4 with filing date 2026-04-29 and period of report 2026-04-28. The form notes the transaction actually occurred on November 22, 2025 and was filed late (inadvertent administrative error).
- Price and quantity: 50,000 shares at $5.00 each = $250,000 total.
- Shares owned after the transaction: Not disclosed in the information provided on this filing.
- Holders/ownership chain (footnotes): Shares are held via Investments AKA, LLC and ASI Group, LLC, both managed through Agassi Ventures, LLC; the Andre Agassi Trust (Reporting Person is Trustee) holds the membership interests of Agassi Ventures, LLC.
- Insider status & code: Reporting person is a 10% owner (not a routine executive salary/award report). Transaction code P = Purchase. Filing timeliness flagged as late (L).
Context
- This purchase was made through ownership entities (LLCs and a trust), which is common for high-net-worth or founder holdings; such filings reflect ownership changes by the reporting person’s controlled entities rather than necessarily a direct personal brokerage trade.
- The late filing means the market received this information after the transaction date; investors should note timing when interpreting the trade.