Form 4: Agassi Sports Entertainment Corp. Insider Transactions

Ronald S. Boreta, a Director and 10% Owner of Agassi Sports Entertainment Corp., reported a series of transactions involving common stock on June 30, 2026.

Summary

• Ronald S. Boreta, who holds multiple key positions including Director, 10% Owner, President, CEO, and Treasurer of Agassi Sports Entertainment Corp., reported transactions on June 30, 2026.
• A significant portion of common stock, 1,495,390 shares, was gifted by All-American Golf Center, Inc. to the Boreta Lifetime Trust for estate planning purposes.
• Despite the gift, beneficial ownership of these shares did not change in connection with the transaction.
• Ronald S. Boreta is the trustee of the Boreta Lifetime Trust, holding voting and disposal rights over its securities.
• He is also a director and majority owner of All-American Golf Center, Inc., with voting and disposal rights over its securities.
• Additionally, 360,784 shares are held by Boreta Enterprises, Ltd., where Ronald S. Boreta is the managing member and majority owner, possessing voting and disposal rights.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it primarily reports a non-sale transaction (a gift for estate planning) and does not indicate a change in beneficial ownership or a shift in the reporting person's overall stake.

Positives

• The gifting of shares to the Boreta Lifetime Trust indicates proactive estate planning by management.
• The continued beneficial ownership by Ronald S. Boreta ensures continuity in control and decision-making for a substantial block of shares.

Risks

• While not explicitly stated as a risk, the complexity of ownership structures through various trusts and corporate entities could potentially lead to confusion or scrutiny regarding beneficial ownership and control.
• The disclaimer of beneficial ownership for certain shares held by Boreta Enterprises, Ltd. and All-American Golf Center, Inc. might raise questions about the extent of Mr. Boreta's ultimate control, although he is noted as the managing member/majority owner.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, which primarily details past transactions.

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.
• 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.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company executives and major shareholders. This filing specifically details a gift transaction for estate planning, which is a common practice among individuals with significant equity stakes.

Related Party Transactions

• Gift of 1,495,390 shares of common stock from All-American Golf Center, Inc. to the Boreta Lifetime Trust for estate planning purposes.

Stakeholder Impact

• Shareholders: The transaction does not appear to alter the overall beneficial ownership of Ronald S. Boreta, suggesting no immediate impact on control or voting power.
• Management: The transaction reflects proactive estate planning by a key executive, which can contribute to long-term stability.
• Entities involved (Boreta Lifetime Trust, All-American Golf Center, Inc., Boreta Enterprises, Ltd.): These entities are directly involved in the ownership and management of the reported securities.

Key Dates

Keywords

SEC Form 4, Insider Transaction, Agassi Sports Entertainment Corp., Ronald S. Boreta, Beneficial Ownership, Common Stock, Gift, Estate Planning, Boreta Lifetime Trust, All-American Golf Center, Inc., Boreta Enterprises, Ltd.