Form 4: CleanCore Solutions Officer Hollst Reports Stock Unit Vesting

Sentiment:

SEC Form 4


Gary Gilbert Hollst, Chief Revenue Officer of CleanCore Solutions, reports the vesting of restricted stock units.

Summary

  • Gary Gilbert Hollst, Chief Revenue Officer of CleanCore Solutions, filed a Form 4 indicating changes in beneficial ownership.
  • On April 1, 2025, 10,416 restricted stock units vested, converting into Class B Common Stock.
  • These units are part of a grant of 200,000 restricted stock units awarded on January 2, 2025, under the company's 2022 Equity Incentive Plan.
  • 75,000 units vested immediately upon grant, with the remaining units vesting quarterly over three years, starting April 1, 2025.
  • Following the transaction, Hollst directly owns 85,416 shares of Class B Common Stock and 114,584 restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock unit vesting, a routine part of executive compensation. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and equity awards, common in publicly traded companies. It provides transparency into the alignment of executive interests with shareholder value.

Stakeholder Impact

  • The vesting of stock units aligns executive compensation with company performance, potentially incentivizing value creation for shareholders.

Key Dates

DateDescription
01/02/2025Reporting Person was granted 200,000 restricted stock units under the Issuer's 2022 Equity Incentive Plan.
04/01/202510,416 restricted stock units vested.
04/03/2025Date of signature.

Keywords

Form 4, CleanCore Solutions, Restricted Stock Units, Beneficial Ownership, Officer, Hollst, Vesting, Equity Incentive Plan, Class B Common Stock

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