Presumably, they're claiming copyright for the typesetting and/or editing they've done.
I know that Project Gutenberg uses pre-1923 physical books as sources or references. I assume it's for that reason.
I have a paperback somewhere of The Three Musketeers from Baen (I think) that only claims copyright for the introduction they added.
@suetanvil Right. I've also seen where they have an introduction that they've added, or their particular compilation.