BORETA RONALD S 4
4 · Agassi Sports Entertainment Corp. · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Agassi Sports (AASP) 10% Owner Ronald S. Boreta Receives 300,000 RSUs
What Happened Ronald S. Boreta, a reported 10% owner of Agassi Sports Entertainment Corp. (AASP), received a grant of 300,000 restricted stock units (RSUs) on May 6, 2026. The RSUs were awarded with an acquisition price of $0.00 (no cash exchanged) and are derivative awards that represent the contingent right to receive one share of common stock per RSU if and when they vest. The award was issued under the issuer’s 2026 Equity Incentive Plan.
Key Details
- Transaction date: 2026-05-06 (Form 4 filed 2026-05-08).
- Transaction type/code: Award/Grant (A); derivative securities (RSUs).
- Shares/units granted: 300,000 RSUs; price reported $0.00 (no immediate cash value).
- Vesting: RSUs vest 1/3 on each of Dec 31, 2026, 2027 and 2028, subject to continued service; RSUs either vest or are canceled (do not expire). (Footnotes F5–F6)
- Ownership notes: Reporting person is a 10% owner and disclaims beneficial ownership except to the extent of pecuniary interest (F1). The filer is trustee of the Boreta Lifetime Trust (F2) and has related entities (All‑American Golf Center, Inc. and Boreta Enterprises, Ltd.) with voting/dispositive rights (F3–F4).
- Shares owned after transaction: Not specified in the provided filing.
- Timeliness: Form 4 was filed two days after the reported transaction date (appears timely under standard Section 16 reporting rules).
Context
- RSUs are a form of deferred compensation: they do not convey stock until they vest, so this grant does not immediately increase outstanding shares.
- For a 10% owner, such grants are typically part of compensation or incentive plans rather than open‑market buying/selling; they indicate potential future dilution if and when RSUs vest and shares are issued.
- No sale or purchase occurred in this filing — it documents an award that could convert to common stock on vesting.
Insider Transaction Report
Form 4
BORETA RONALD S
DirectorPresident, CEO, and Treasurer10% Owner
Transactions
- Award
Restricted Stock Units
[F5][F6]2026-05-06+300,000→ 300,000 total→ Common Stock (300,000 underlying)
Holdings
- 51,000(indirect: By Trust)
Common Stock
[F1][F2] - 602,229
Common Stock
- 1,495,390(indirect: By All-American Golf Center, Inc.)
Common Stock
[F1][F3] - 360,784(indirect: By Boreta Enterprises, Ltd.)
Common Stock
[F1][F4]
Footnotes (6)
- [F1]The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F2]The Reporting Person is the trustee of the Boreta Lifetime Trust and in such capacity, has the right to vote and dispose of the securities held by such entity.
- [F3]Shares held by All-American Golf Center, Inc., of which the Reporting Person is a director, and majority owner and in such capacity, have the right to vote and dispose of the securities held by such entity.
- [F4]Shares held by Boreta Enterprises, Ltd., of which the Reporting Person is the managing member and majority owner and in such capacity, have the right to vote and dispose of the securities held by such entity.
- [F5]Each RSU represents the contingent right to receive, at settlement, one share of common stock.
- [F6]The RSUs vest, if at all, at the rate of 1/3rd of such RSUs on each of December 31, 2026, 2027 and 2028, subject to the reporting person's continued service through the applicable vesting date. Restricted stock units do not expire; they either vest or are canceled prior to the vesting date. Issued under the Issuer's 2026 Equity Incentive Plan.
Signature
/s/ Ron Boreta|2026-05-08