STOCK TITAN

Agassi Sports insider gifts 300,000 shares

AASP director and ten percent owner James M. Askew gifted 300,000 common shares to his three adult sons, reducing his reported direct holdings to about 1.8 million shares.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Agassi Sports Entertainment Corp. (AASP) reported that director and ten percent owner James M. Askew made a bona fide gift transfer of 300,000 shares of Common Stock on September 8, 2026. The gift was to his three adult sons, and Askew reported 1,797,860 shares held directly afterward.

Positive

  • None.

Negative

  • None.
Insider Askew James M.
Role Director, 10% Owner
Type Security Shares Price Value
Gift Common Stock F1 300,000 $0.00 $0.00
Holdings After Transaction: Common Stock — 1,797,860 shares (Direct)
Footnotes (1)
  1. F1. This transaction involved a gift of securities by the Reporting Person to his three adult sons (100,000 shares each), of which the Reporting Person disclaims any beneficial ownership.
Shares gifted 300,000 shares Bona fide gift of Common Stock on September 8, 2026
Shares held after transaction 1,797,860 shares Direct holdings after the September 8, 2026 gift
Gift price per share $0.00 per share Reported transaction price for gifted Common Stock
Number of gift recipients 3 individuals Three adult sons receiving 100,000 shares each
Shares gifted per recipient 100,000 shares Each of the three adult sons received this amount
bona fide gift regulatory
"The transaction code description identifies the transfer as a bona fide gift"
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.
beneficial ownership regulatory
"the Reporting Person disclaims any beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
ten percent owner regulatory
"Askew James M. is reported as a ten percent owner"

FAQ

What insider transaction did AASP report for James M. Askew?

AASP reported that James M. Askew made a bona fide gift of 300,000 shares of Common Stock on September 8, 2026, to his three adult sons, 100,000 shares each.

How many AASP shares did James M. Askew hold after the reported gift?

After the gift, James M. Askew reported holding 1,797,860 shares of AASP Common Stock directly.

Was the AASP insider transaction a sale for cash?

No. The filing describes the transaction as a bona fide gift of 300,000 shares with a reported per-share price of $0.00, not a market sale for cash.

Who received the 300,000 gifted AASP shares from James M. Askew?

According to the filing footnote, the 300,000 gifted AASP shares went to his three adult sons, 100,000 shares each.

Does James M. Askew claim beneficial ownership of the gifted AASP shares?

No. The footnote states that the transaction involved a gift of securities to his three adult sons and that Askew disclaims any beneficial ownership of those shares.

Was the AASP insider gift made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not checked, and no footnote states that the gift was made under a trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Askew James M.

(Last)(First)(Middle)
1120 N. TOWN CENTER DR #160

(Street)
LAS VEGAS NEVADA 89144

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Agassi Sports Entertainment Corp. [ AASP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/08/2026G300,000(1)D$01,797,860D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction involved a gift of securities by the Reporting Person to his three adult sons (100,000 shares each), of which the Reporting Person disclaims any beneficial ownership.
/s/ James M. Askew09/10/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Keep reading