BORETA RONALD S 4
4 · Agassi Sports Entertainment Corp. · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Agassi Sports (AASP) 10% Owner Ronald Boreta Gifts 1.495M Shares
What Happened
Ronald S. Boreta, a reported 10% owner of Agassi Sports Entertainment Corp. (AASP), reported a gift transaction on June 30, 2026. The filing shows 1,495,390 shares of AASP were recorded as disposed by All-American Golf Center, Inc. and acquired by the Boreta Lifetime Trust at $0.00 per share (total value $0). Footnotes indicate this transfer was an estate-planning gift and that there was no change in the beneficial ownership of the gifted shares in connection with the transaction.
Key Details
- Transaction date: 2026-06-30; Form 4 filed 2026-07-01 (filed timely).
- Transaction code: G (Gift). Price per share: $0.00; total reported transaction value: $0.
- Reported entries: 1,495,390 shares disposed (by All-American Golf Center, Inc.) and 1,495,390 shares acquired (by Boreta Lifetime Trust).
- Shares owned after the transaction: not specified in the filing; footnote states there was no change in beneficial ownership resulting from the gift.
- Relevant footnotes: donor was All-American Golf Center, Inc.; Boreta is trustee of the Boreta Lifetime Trust and has voting/disposal authority for trust-held securities; Boreta disclaims beneficial ownership except to extent of pecuniary interest; Boreta is director and majority owner of All-American Golf Center, Inc.
Context
This was a non-market gift for estate-planning purposes, not a purchase or sale in the open market. Gifts generally do not signal the insider’s view of the company’s near-term prospects. As a 10% owner and related-party (trustee and majority owner of the donating entity), Boreta’s filing reflects related-entity transfers rather than routine executive trading.
Insider Transaction Report
- Gift
Common Stock
[F1][F2][F3]2026-06-30+1,495,390→ 1,546,390 total(indirect: By Trust) - Gift
Common Stock
[F1][F4]2026-06-30−1,495,390→ 0 total(indirect: By All-American Golf Center, Inc.)
- 602,229
Common Stock
- 360,784(indirect: By Boreta Enterprises, Ltd.)
Common Stock
[F2][F5]
Footnotes (5)
- [F1]On June 30, 2026, All-American Golf Center, Inc. gifted 1,495,390 shares of common stock to the Boreta Lifetime Trust, for estate planning purposes - There was no change in the beneficial ownership of the gifted shares in connection with such transaction.
- [F2]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.
- [F3]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.
- [F4]The Reporting Person is a director, and majority owner of All-American Golf Center, Inc. and in such capacity, has the right to vote and dispose of the securities held by such entity.
- [F5]Shares held by Boreta Enterprises, Ltd., of which the Reporting Person is the managing member and majority owner and in such capacity, has the right to vote and dispose of the securities held by such entity.