[Form 4] CleanCore Solutions Inc. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 filing – insider activity at CleanCore Solutions (ZONE)

On 07/21/2025, President Travis Buchanan acquired 250,000 Class B common shares at $0, lifting his direct holding to 283,269 shares. He also retains 2,000 shares indirectly through ACME People Company. No dispositions were reported.

Buchanan additionally received 100,000 restricted stock units (RSUs) under the 2022 Equity Incentive Plan. Each RSU converts to one Class B share, vesting only if revenue milestones are achieved. Upon full vesting, his potential ownership would rise to 383,269 shares.

The transactions increase management’s equity stake and align incentives with future revenue growth, while introducing up to 100,000 shares of potential dilution.

Positive

• 250,000-share insider acquisition by the President indicates management confidence.
• 100,000 performance-based RSUs align executive incentives with revenue growth targets.

Negative

• Potential dilution from the eventual conversion of 100,000 RSUs into common shares.

Insights

Financial Analyst

TL;DR: Insider bought 250k shares, gained 100k RSUs; shows confidence and ties pay to growth; mild dilution risk; net positive.

Detail: A zero-price acquisition boosts Buchanan’s stake by ~10×, a strong vote of confidence that often precedes favorable performance. Performance-based RSUs further align management with shareholders, rewarding revenue expansion rather than tenure. The immediate cash cost to the company is negligible. Dilution from 100k future shares is ≤1% of a typical micro-cap base and therefore immaterial unless share count is extremely small. Overall, investors usually view large open-market or cost-free insider buys as bullish.

Corporate Governance Expert

TL;DR: Large zero-cost equity grant; performance triggers improve optics; governance effect neutral.

While the share grant is significant, it is structured as RSUs contingent on revenue, supporting pay-for-performance principles. The absence of sales avoids negative signaling. However, the board should disclose milestone stringency to reassure investors on dilution control. No other governance red flags appear in the filing.

SEC Form 4

FORM 4

UNITED 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).

1. Name and Address of Reporting Person^*

Buchanan Travis

(Last) (First) (Middle)

C/O CLEANCORE SOLUTIONS, INC.

5920 SOUTH 118TH CIRCLE

(Street)

OMAHA NE 68137

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
07/21/2025

4. 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 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)
			Code	V	Amount	(A) or (D)	Price
Class B Common Stock	07/21/2025		A		250,000	A	$0	283,269	D
Class B Common Stock								2,000(1)	I	Held by ACME People Company

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	07/21/2025		A		100,000		(2)	(2)	Class B Common Stock	100,000	$0	100,000	D

Explanation of Responses:

1. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

2. On July 21, 2025, the Reporting Person was granted 100,000 restricted stock units under the Issuer's 2022 Equity Incentive Plan, which will vest based on the Issuer's achievement of certain revenue milestones. Each restricted stock unit represents a contingent right to receive one share of class B common stock of the Issuer.

	/s/ Travis Buchanan	07/23/2025
	** 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 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.

FAQ

How many CleanCore Solutions (ZONE) shares did Travis Buchanan acquire?

He acquired 250,000 Class B common shares directly on 07/21/2025 at $0 per share.

What is the vesting condition for the 100,000 RSUs granted to the President?

The RSUs vest only if specific revenue milestones are achieved under the 2022 Equity Incentive Plan.

What is Travis Buchanan’s total potential ownership after the reported transactions?

Direct holdings are 283,269 shares; including RSUs, potential ownership rises to 383,269 shares.

Were any shares sold by the insider in this Form 4 filing?

No. The filing shows only acquisitions and RSU grants; no dispositions were reported.

Does the RSU grant create dilution for existing ZONE shareholders?

If fully vested, the 100,000 RSUs would add new shares, causing incremental dilution, though the size depends on total shares outstanding.