Form 4: Andre Agassi Boosts Stake in Agassi Sports Entertainment
Insider Transaction Report
Andre K. Agassi, a Director and 10% owner of Agassi Sports Entertainment Corp., purchased 1,000 shares of common stock at $4.50 per share.
Summary
- Andre K. Agassi, a Director and 10% Owner of Agassi Sports Entertainment Corp. (AASP), acquired 1,000 shares of common stock.
- The transaction occurred on February 11, 2026, at a price of $4.50 per share.
- The purchase was made pursuant to a Rule 10b5-1 trading plan.
- Following this transaction, Agassi beneficially owns a total of 2,241,398 shares indirectly through various LLCs and trusts.
- Specifically, 1,604,354 shares are held by Investments AKA, LLC, and 637,044 shares are held by ASI Group, LLC, both ultimately managed by Agassi Ventures, LLC, which is managed by Agassi himself through The Andre Agassi Trust.
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a moderately positive signal, as insider buying by a director and significant owner typically indicates confidence in the company's future performance.
Positives
- A Director and 10% owner, Andre K. Agassi, increased his stake in the company, signaling confidence in its future prospects.
- The purchase was executed under a Rule 10b5-1 plan, indicating a pre-planned investment strategy.
Future Outlook
Not applicable as this is a transaction report, not a forward-looking statement.
Industry Context
StockSavvy.ai notes that insider buying, particularly by a significant shareholder and director like Andre Agassi, is often interpreted by the market as a positive signal, suggesting that those closest to the company believe its stock is undervalued or has strong future potential.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Trading Plan Disclosure | The transaction was made pursuant to a contract, instruction, or written plan for the purchase of equity securities of the issuer, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). | 02/11/2026 | Indicates a pre-arranged trading strategy designed to avoid accusations of insider trading, enhancing transparency and compliance. |
Related Party Transactions
- The beneficial ownership structure involves several LLCs (Investments AKA, LLC, ASI Group, LLC, AKA Four, LLC, Agassi Ventures, LLC) and The Andre Agassi Trust, all ultimately managed by or for the benefit of the Reporting Person, Andre K. Agassi. This represents a standard indirect ownership structure for a related party.
Stakeholder Impact
- Shareholders: May view the insider purchase as a positive indicator of management confidence, potentially leading to increased investor interest.
Key Dates
| Date | Description |
|---|---|
| 02/11/2026 | Date of transaction for common stock acquisition and filing date. |
Recommendation
buyA seasoned investor would view Andre Agassi's purchase of additional shares as a strong signal of confidence in Agassi Sports Entertainment Corp. As a director and 10% owner, his decision to increase his stake, especially under a 10b5-1 plan, suggests he believes the stock is undervalued or has significant upside potential. This insider buying often precedes positive company developments or improved performance, making it a compelling reason to consider a 'buy' recommendation.
Keywords
Agassi Sports Entertainment Corp., AASP, Andre Agassi, insider buying, Form 4, stock purchase, 10b5-1 plan, beneficial ownership, director, 10% owner
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