Form 4: Agassi Sports CEO Boosts Stake with 50,000 Share Purchase

Ronald S. Boreta, President, CEO, and Treasurer of Agassi Sports Entertainment Corp., acquired 50,000 shares of common stock for $5 per share through a trust.

Summary

• Ronald S. Boreta, President, CEO, and Treasurer of Agassi Sports Entertainment Corp. (AASP), reported an acquisition of common stock.
• On March 13, 2026, 50,000 shares of common stock were acquired at a price of $5 per share.
• The acquisition was made indirectly through the Boreta Lifetime Trust, where Mr. Boreta serves as trustee.
• Following this transaction, the Boreta Lifetime Trust beneficially owns 51,000 shares.
• Mr. Boreta also directly owns 602,229 shares.
• Additionally, he indirectly beneficially owns 1,495,390 shares through All-American Golf Center, Inc., where he is a director and majority owner.
• He also indirectly beneficially owns 360,784 shares through Boreta Enterprises, Ltd., where he is the managing member and majority owner.
• The total beneficial ownership reported by Mr. Boreta across all entities is 2,509,403 shares.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as a significant insider purchase by the CEO typically indicates confidence in the company's future performance and valuation.

Positives

• The President, CEO, and Treasurer, Ronald S. Boreta, increased his beneficial ownership in Agassi Sports Entertainment Corp. by acquiring 50,000 shares.
• This insider buying at $5 per share can signal management's confidence in the company's future prospects.

Negatives

• No specific negative information is disclosed in this Form 4 filing.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• 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.

Industry Context

StockSavvy.ai notes that insider buying, especially from a CEO, can often be interpreted by the market as a positive signal, suggesting management believes the company's stock is undervalued or expects positive developments. This transaction occurs within the broader sports and entertainment industry, where executive confidence can influence investor sentiment.

Comparison to Industry Standards

• Insider buying activity is a common occurrence across all industries. For example, in the tech sector, executives at companies like Microsoft or Apple frequently adjust their holdings, often signaling confidence or managing personal portfolios.
• The acquisition of 50,000 shares at $5 per share represents a $250,000 investment by the CEO, which is a notable personal commitment, though its significance relative to the company's total market capitalization or the CEO's overall wealth cannot be fully assessed from this filing alone.
• Compared to other small-cap companies, a CEO increasing their stake can be a stronger indicator of conviction due to potentially higher proportional impact on their personal wealth.

Related Party Transactions

• The acquisition of shares by the Boreta Lifetime Trust, where Ronald S. Boreta is the trustee, constitutes a related party transaction.
• Ronald S. Boreta's indirect beneficial ownership through All-American Golf Center, Inc. and Boreta Enterprises, Ltd., where he is a majority owner/managing member, represents ongoing related party interests.

Stakeholder Impact

• Shareholders: May view the CEO's increased stake as a positive sign of confidence, potentially influencing stock price positively.
• Employees: No direct impact mentioned, but a confident CEO might foster a more stable work environment.
• Customers/Suppliers/Creditors: No direct impact mentioned.

Next Steps

• Agassi Sports Entertainment Corp. will continue its operations in the sports and entertainment sector.
• Ronald S. Boreta will continue in his roles as Director, 10% Owner, President, CEO, and Treasurer.

Key Dates

Recommendation

The CEO's acquisition of 50,000 shares at $5 each signals management confidence, which is a positive indicator. However, without broader financial performance data, a 'hold' recommendation is prudent, suggesting investors monitor future company developments and financial reports to assess the long-term implications of this insider activity.

Keywords

Agassi Sports Entertainment Corp., AASP, Ronald S. Boreta, Insider Trading, Form 4, Stock Acquisition, CEO Stock Purchase, Beneficial Ownership, Common Stock