Agassi Sports Entertainment director gifts 200K shares
The director and ten percent owner directly held 1,597,860 shares after the gift.
Rhea-AI Filing Summary
Agassi Sports Entertainment Corp. director and ten percent owner James M. Askew reported a bona fide gift transfer of 200,000 common shares on September 23, 2026, at a reported price of $0.00 per share. He directly held 1,597,860 shares after the transaction. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
200,000 shares gifted
Gift
1 txn
Insider
Askew James M.
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 200,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 1,597,860 shares (Direct)
Key Figures
Common shares gifted: 200,000 shares
Reported price per share: $0.00 per share
Direct shares following transaction: 1,597,860 shares
3 metrics
Common shares gifted
200,000 shares
September 23, 2026
Reported price per share
$0.00 per share
Gift reported for September 23, 2026
Direct shares following transaction
1,597,860 shares
Following the September 23, 2026 transaction
Key Terms
Bona fide gift, Rule 10b5-1 plan
2 terms
Bona fide gift technical
"the 200,000-share gift reported for September 23, 2026"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Rule 10b5-1 plan regulatory
"the transaction's reported plan status"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
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