[Form 4] CleanCore Solutions, Inc. Insider Trading Activity

Rhea-AI Filing Summary

David James Enholm, Chief Financial Officer and Director of CleanCore Solutions, Inc. (ZONE), reported two insider acquisitions in September 2025 that increased his direct beneficial ownership to 273,550 shares of Class B common stock. On September 9, 2025 a modified award treatment (coded M) resulted in the acquisition of 67,500 shares arising from restricted stock units previously granted under the 2022 Equity Incentive Plan.

Separately, on September 25, 2025 the reporting person acquired an additional 175,000 Class B shares at no cash price recorded ($0), leaving him with 273,550 Class B shares beneficially owned following the reported transactions. The filing states that the May 6, 2025 award of 90,000 restricted stock units was amended on September 9, 2025 so that remaining unvested units vested in full.

Insights

Financial Analyst

TL;DR: Insider vested RSUs and acquired additional Class B shares, raising direct holdings to 273,550 shares.

The filing documents a non-cash increase in the CFO/Director's direct holdings through accelerated vesting of restricted stock units and a separate reported acquisition. The acceleration converted a portion of a May 6, 2025 award into 67,500 shares on September 9, 2025, and a subsequent September 25, 2025 entry records 175,000 shares acquired at $0 recorded price. These moves materially increase the reporting person’s stake and could modestly align management incentives with shareholders. The filing does not disclose cash consideration, source of the 175,000 shares, or any change in outstanding share count.

Corporate Governance Expert

TL;DR: Governance action shows accelerated vesting for an executive, increasing insider ownership; disclosure is routine and informative.

The amendment to vest remaining unvested restricted stock units is explicitly stated and documented in the Form 4, which is appropriate disclosure under Section 16. The reporting person holds both officer and director roles, so accelerated vesting and the sizable reported acquisition should be monitored for governance context, but the filing contains no indication of related-party transaction approvals or exceptions. No additional governance details are provided 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

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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^*

Enholm David James

(Last) (First) (Middle)

C/O CLEANCORE SOLUTIONS, INC.,

5920 SOUTH 118TH CIRCLE, SUITE 2

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2025

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	09/09/2025		M		67,500	A	(1)	98,550	D
Class B Common Stock	09/25/2025		A		175,000	A	$0	273,550	D

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	(1)	09/09/2025		M			67,500	(1)	(1)	Class B Common Stock	67,500	$0	0	D

Explanation of Responses:

1. On May 6, 2025, the Reporting Person was granted 90,000 restricted stock units under the Issuer's 2022 Equity Incentive Plan, which were to vest quarterly over one (1) year commencing on July 1, 2025. Each restricted stock unit represents a contingent right to receive one share of class B common stock of the Issuer. On September 9, 2025, the restricted stock unit award agreement was amended to provide that all remaining unvested restricted stock units would vest in full.

	/s/ David Enholm	09/26/2025
	** 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).
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FAQ

What transactions did CleanCore (ZONE) insider David Enholm report on the Form 4?

The Form 4 reports acquisition of 67,500 shares on September 9, 2025 from accelerated restricted stock units and acquisition of 175,000 Class B shares on September 25, 2025.

How many Class B shares does David Enholm beneficially own after these transactions?

Following the reported transactions, the Form 4 states Mr. Enholm beneficially owns 273,550 Class B shares.

Why did 67,500 restricted stock units vest on September 9, 2025?

The filing explains that the May 6, 2025 award of 90,000 restricted stock units was amended on September 9, 2025 so that all remaining unvested restricted stock units would vest in full.

What roles does the reporting person hold at CleanCore (ZONE)?

The reporting person, David Enholm, is disclosed as both a Director and the company’s Chief Financial Officer.

Does the Form 4 disclose cash paid for the 175,000 shares on September 25, 2025?

The transaction record shows a price of $0 for the September 25, 2025 acquisition; the filing does not provide further detail on consideration or source.