CleanCore Solutions (ZONE) president surrenders 255,296 shares with no consideration
Rhea-AI Filing Summary
CleanCore Solutions, Inc. insider updates holdings following share surrender
The president of CleanCore Solutions, Inc. (ZONE) reported a change in ownership on Form 4. On December 31, 2025, the reporting person surrendered 255,296 shares of common stock to the company for cancellation under a Share Surrender Agreement. The filing states this was done for tax planning purposes and that the insider received no consideration from the company for the surrendered shares.
After this transaction, the insider directly beneficially owns 27,973 shares of common stock and indirectly beneficially owns 3,333 shares held by ACME People Company.
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FAQ
What insider transaction did CleanCore Solutions, Inc. (ZONE) report?
The president of CleanCore Solutions, Inc. reported surrendering 255,296 shares of common stock to the company for cancellation under a Share Surrender Agreement dated December 31, 2025.
Why were the 255,296 CleanCore Solutions (ZONE) shares surrendered?
The filing explains that the reporting person surrendered 255,296 shares of common stock to the issuer for tax planning purposes and did not receive any consideration from the company in connection with the surrender.
How many CleanCore Solutions (ZONE) shares does the insider own after the surrender?
Following the reported transaction, the insider beneficially owns 27,973 shares of common stock directly and 3,333 shares indirectly through ACME People Company.
What is the relationship of the reporting person to CleanCore Solutions, Inc. (ZONE)?
The reporting person is an officer of CleanCore Solutions, Inc., serving as President, as indicated in the filing.
Did the CleanCore Solutions (ZONE) insider receive payment for the surrendered shares?
No. The filing states that the reporting person surrendered the 255,296 shares of common stock and did not receive any consideration from the company for the surrender.
Was the reported CleanCore Solutions (ZONE) transaction categorized as a specific Form 4 code?
Yes. The transaction is reported with Transaction Code J, which the form describes as an "other" type of transaction.