Agassi Sports (AASP) awards CEO Boreta 300,000 restricted stock units

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Agassi Sports Entertainment Corp. disclosed that it has formally granted 300,000 restricted stock units to its Chief Executive Officer and director, Ronald S. Boreta. These units were promised under his Executive Employment Agreement and are issued pursuant to the company’s 2026 Equity Incentive Plan.

The restricted stock units are settleable in common stock and vest in three equal installments on December 31, 2026, December 31, 2027, and December 31, 2028, conditioned on Mr. Boreta’s continued service with the company. The detailed terms are set out in an RSU Award Grant Notice and Award Agreement incorporated by reference.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Restricted stock units granted: 300,000 RSUs First vesting date: December 31, 2026 Second vesting date: December 31, 2027 +1 more

4 metrics

Restricted stock units granted 300,000 RSUs Equity award to CEO Ronald S. Boreta under 2026 Equity Incentive Plan

First vesting date December 31, 2026 One-third of CEO RSUs vest, subject to continued service

Second vesting date December 31, 2027 Second one-third of CEO RSUs vest, continued service required

Third vesting date December 31, 2028 Final one-third of CEO RSUs vest, continued service required

Key Terms

Restricted Stock Units, Executive Employment Agreement, 2026 Equity Incentive Plan, RSU Award Grant Notice and Award Agreement

4 terms

Restricted Stock Units financial

"we grant Mr. Boreta 300,000 restricted stock units, settleable in shares of common stock"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Executive Employment Agreement financial

"we entered into an Executive Employment Agreement with our Chief Executive Officer"

2026 Equity Incentive Plan financial

"the Company’s 2026 Equity Incentive Plan, under which the Restricted Stock Units were granted"

RSU Award Grant Notice and Award Agreement financial

"subject to the terms of an RSU Award Grant Notice and Award Agreement"

Understanding 8-K Material Events →

05/08/2026 - 04:15 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 6, 2026

AGASSI SPORTS ENTERTAINMENT CORP.

(Exact Name of Registrant as Specified in its Charter)

Nevada

000-24970

88-0203976

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)

1120 N. Town Center Dr #160

Las Vegas, NV

89144

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s telephone number, including area code: (702) 400-4005

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ]

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))

Securities registered pursuant to Section 12(b) of the Act: None.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company [ ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As previously disclosed in the Current Report on Form 8-K filed by Agassi Sports Entertainment Corp. (the “Company”, “we” and “us”) with the Securities and Exchange Commission on March 26, 2026, on March 25, 2026 and effective on March 1, 2026, we entered into an Executive Employment Agreement with our Chief Executive Officer and director, Mr. Ronald S. Boreta (the “Employment Agreement”).

The Employment Agreement required, among other things, that we grant Mr. Boreta 300,000 restricted stock units, settleable in shares of common stock, vesting 1/3 equally on each of December 31, 2026, December 31, 2027, and December 31, 2028, subject to Mr. Boreta’s continued service with the Company (the “Restricted Stock Units”).

On May 6, 2026, the Company granted the Restricted Stock Units to Mr. Boreta which were subject to the terms of an RSU Award Grant Notice and Award Agreement (the “Award Agreement”) entered into with Mr. Boreta and the Company’s 2026 Equity Incentive Plan, under which the Restricted Stock Units were granted.

The description of the Restricted Stock Units above is not complete and is qualified in its entirety by the full text of the Award Agreement and 2026 Equity Incentive Plan, copies of which are incorporated by reference herein as Exhibits 10.1 and 10.2, respectively, and incorporated by reference into this Item 5.02 in their entirety.

Item 9.01 Financial Statements and Exhibits.

(d)

Exhibits.

Exhibit No.		Exhibit Description
10.1		Form of RSU Award Grant Notice and Award Agreement (2026 Equity Incentive Plan)(Filed as Exhibit 99.4 to the Company’s Registration Statement on Form S-8 (File No. 333-295102) filed with the Securities and Exchange Commission on April 16, 2026, and incorporated by reference herein)
10.2		Agassi Sports Entertainment Corp. 2026 Equity Incentive Plan (Filed as Exhibit 10.2 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on March 26, 2026, and incorporated by reference herein)(File No. 000-24970)
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Agassi Sports Entertainment Corp.

	By:	/s/ Ronald S. Boreta

Date: May 8, 2026	Name:	Ronald S. Boreta
	Title:	Chief Executive Officer

Source: View Original Filing on SEC EDGAR

FAQ

What did Agassi Sports Entertainment Corp. (AASP) announce in this Form 8-K?

Agassi Sports Entertainment Corp. reported granting 300,000 restricted stock units to its CEO, Ronald S. Boreta. These units were granted under the 2026 Equity Incentive Plan and formalize equity compensation previously outlined in his Executive Employment Agreement effective March 1, 2026.

How many RSUs did AASP grant to CEO Ronald S. Boreta and how do they vest?

The company granted 300,000 restricted stock units to CEO Ronald S. Boreta. These RSUs vest in three equal installments on December 31, 2026, December 31, 2027, and December 31, 2028, and each vesting tranche requires his continued service with the company.

Under which plan were the CEO’s restricted stock units at AASP granted?

The restricted stock units for CEO Ronald S. Boreta were granted under Agassi Sports Entertainment Corp.’s 2026 Equity Incentive Plan. The grant terms are documented in an RSU Award Grant Notice and Award Agreement, which are incorporated by reference as Exhibits 10.1 and 10.2.

What prior agreement required AASP to grant these 300,000 RSUs to its CEO?

The grant of 300,000 restricted stock units was required by an Executive Employment Agreement with CEO Ronald S. Boreta. That agreement, effective March 1, 2026, obligated the company to provide this equity award as part of his overall compensation package.

Are the details of AASP’s RSU grant and equity plan available to investors?

Yes. The Form 8-K incorporates by reference the RSU Award Grant Notice and Award Agreement as Exhibit 10.1 and the 2026 Equity Incentive Plan as Exhibit 10.2. These referenced documents provide the full legal terms governing the CEO’s restricted stock unit award.

Filing Exhibits & Attachments

3 documents