Form 4: CEO Ronald Boreta Receives 300,000 RSU Grant

Agassi Sports Entertainment Corp. CEO Ronald Boreta was granted 300,000 restricted stock units under the company's 2026 Equity Incentive Plan.

Summary

• CEO, President, and Treasurer Ronald Boreta received a grant of 300,000 restricted stock units (RSUs) on May 6, 2026.
• Each RSU represents a contingent right to receive one share of common stock upon vesting.
• The RSUs vest in three equal annual installments on December 31, 2026, 2027, and 2028, contingent on continued service.
• The reporting person maintains significant indirect ownership through the Boreta Lifetime Trust, All-American Golf Center, Inc., and Boreta Enterprises, Ltd.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing regarding executive compensation that does not signal immediate operational changes.

Positives

• Alignment of executive interests with long-term shareholder value through multi-year RSU vesting schedule.
• Demonstrates commitment from the CEO to remain with the company through at least 2028.

Negatives

• Potential for future shareholder dilution upon the eventual settlement of the 300,000 RSUs into common stock.

Risks

• Vesting is subject to the reporting person's continued service, creating key-person dependency risk.
• The value of the equity incentive is tied to the future performance of the company's common stock.

Future Outlook

The company has implemented a 2026 Equity Incentive Plan to facilitate long-term equity-based compensation for key personnel.

Management Comments

• The reporting person disclaims beneficial ownership of certain indirectly held securities except to the extent of his pecuniary interest.

Industry Context

StockSavvy.ai notes that the use of multi-year vesting RSU grants is a standard corporate governance practice in the sports and entertainment sector to ensure executive retention and align leadership incentives with long-term stock performance.

Comparison to Industry Standards

• The three-year cliff/installment vesting schedule is consistent with standard executive compensation packages for small-cap growth companies.
• The use of an Equity Incentive Plan is a common mechanism for preserving cash while incentivizing management.

Corporate Governance

Related Party Transactions

• Reporting person holds shares through Boreta Lifetime Trust, All-American Golf Center, Inc., and Boreta Enterprises, Ltd.

Stakeholder Impact

• Shareholders may experience minor dilution upon the conversion of RSUs to common stock.
• Employees may benefit from the establishment of the 2026 Equity Incentive Plan.

Next Steps

• Vesting of the first 100,000 RSUs on December 31, 2026.

Key Dates

Keywords

Agassi Sports Entertainment, AASP, Form 4, Insider Trading, Executive Compensation, Restricted Stock Units, Ronald Boreta