[Form 3] CleanCore Solutions, Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Alex Spiro, a director of CleanCore Solutions, Inc. (ticker: ZONE), filed an initial Form 3 disclosing beneficial ownership of 360,000 Class B restricted stock units. The RSUs are recorded as Class B Common Stock and are held directly by the reporting person. The grant vests in equal monthly installments over 12 months, commencing on October 5, 2025. The event requiring the statement is dated September 5, 2025, and the form bears the reporting signature dated September 12, 2025. The filing identifies Spiro's address as c/o CleanCore Solutions in Omaha, Nebraska, and checks the box indicating his relationship to the issuer as a Director.

Positive

• Timely disclosure of insider ownership via Form 3, meeting Section 16 requirements
• Clear vesting schedule: 360,000 RSUs vest monthly over 12 months beginning October 5, 2025
• Director alignment through equity compensation, disclosed as directly beneficially owned

Negative

• Potential dilution from issuance of 360,000 shares when RSUs vest
• Insufficient context in the filing to assess percentage ownership or impact on outstanding share count

Insights

Corporate Governance Expert

TL;DR: Director disclosed a substantial RSU award that vests over one year, signaling executive alignment but increasing share count when vested.

The Form 3 is a routine initial ownership disclosure showing a 360,000 restricted stock unit award to a company director. The one-year monthly vesting schedule suggests the company is using equity to retain or align the director with shareholder interests in the near term. The filing is timely and complies with Section 16 reporting requirements. Absent additional context on total shares outstanding or other insider holdings, the filing is informational rather than transformational for valuation.

Securities Analyst

TL;DR: Material quantity of RSUs disclosed but, standing alone, this Form 3 is a routine insider disclosure with limited immediate market impact.

The disclosure records 360,000 RSUs classified as Class B Common Stock and noted as directly beneficially owned. The vesting commencement date of October 5, 2025 and monthly vesting over 12 months are explicit. For investors, the key takeaway is the timing of potential share issuance; without data on total outstanding shares or other insider holdings, it is not possible to quantify dilution or ownership percentage from this filing alone.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Spiro Alex

(Last) (First) (Middle)

C/O CLEANCORE SOLUTIONS, INC.

5920 S. 118TH CIRCLE

(Street)

OMAHA NE 68137

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/05/2025

3. Issuer Name and Ticker or Trading Symbol
CleanCore Solutions, Inc. [ ZONE ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class B Common Stock, par value $0.0001 per share	360,000(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units comprised of 360,000 shares of the Issuer's Class B Common Stock granted to the Reporting Person which shall vest monthly in equal installments over twelve (12) months, commencing on October 5, 2025, as described in the Form 8-K filed by the Issuer on September 5, 2025.

	/s/ Alex Spiro	09/12/2025
	** Signature of Reporting Person	Date
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 5 (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.

FAQ

Who filed the Form 3 for CleanCore Solutions (ZONE)?

The Form 3 was filed by Alex Spiro, who is identified as a Director of CleanCore Solutions, Inc.

How many shares or units were disclosed on the Form 3 for ZONE?

The filing discloses 360,000 restricted stock units (RSUs) recorded as Class B Common Stock.

What is the vesting schedule for the RSUs disclosed by Alex Spiro?

The RSUs vest in equal monthly installments over 12 months, commencing on October 5, 2025.

When was the event requiring the Form 3 and when was the form signed?

The event date is September 5, 2025, and the reporting person signed the Form on September 12, 2025.

Does the Form 3 indicate indirect ownership or any derivative securities?

No. The filing reports the RSUs as direct beneficial ownership of Class B Common Stock and does not list derivative securities.