[Form 4] Hudson Global, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Star Equity Holdings, Inc. reported insider equity activity for an officer. On November 13, 2025, the reporting person received 66,171 restricted stock units (RSUs) under the Hudson Global, Inc. 2009 Incentive Stock and Awards Plan. These RSUs vest in three equal annual installments starting on the grant date, and each RSU represents the right to receive one share of common stock.

On November 17, 2025, 14,306 shares of Star Equity common stock were withheld to cover tax obligations upon vesting of time-based RSUs at a price of $10.03 per share. After these transactions, the reporting person beneficially owned 180,713 securities, including 135,456 RSUs credited under the 2009 Plan and 45,257 shares of common stock.

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Zabkowicz Jacob

(Last) (First) (Middle)

C/O STAR EQUITY HOLDINGS, INC.

53 FOREST AVENUE, SUITE 101

(Street)

OLD GREENWICH CT 06870

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Star Equity Holdings, Inc. [ STRR ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO Hudson Talent SolutionsLLC

3. Date of Earliest Transaction (Month/Day/Year)
11/13/2025

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
Common Stock.	11/13/2025		A		66,171(1)	A	$0	195,019	D
Common Stock.	11/17/2025		F		14,306(2)	D	$10.03	180,713(3)	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

Explanation of Responses:

1. On November 13, 2025 (the "Grant Date"), 66,171 restricted stock units ("RSUs") were granted to the reporting person under the Hudson Global, Inc. 2009 Incentive Stock and Awards Plan, as amended and restated (the "2009 Plan"). The RSUs granted hereunder shall vest in equal annual installments for a three-year period beginning on the Grant Date, subject to continuous service by the reporting person. Each RSU represents a right to receive a share of common stock.

2. This number represents shares of Star Equity Holdings, Inc. Common Stock withheld to satisfy the tax withholding obligation due upon vesting of time-based RSUs.

3. Includes (i) 135,456 RSUs credited to the Reporting Person's account under the 2009 Plan; and (ii) 45,257 shares of common stock. RSUs may be settled pursuant to the 2009 Plan by the issuance of Common Stock, the payment of cash, or a combination of both.

Remarks:

	/s/ Hannah Bible, as Attorney-in-Fact for Jacob Zabkowicz	11/19/2025
	** 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

What insider transaction did Star Equity Holdings (STRR) disclose in this Form 4?

The filing shows that an officer of Star Equity Holdings, Inc. received a grant of 66,171 RSUs on November 13, 2025, and had 14,306 shares withheld on November 17, 2025 to satisfy tax obligations related to vesting RSUs.

How many restricted stock units were granted to the reporting person at Star Equity Holdings?

The reporting person was granted 66,171 restricted stock units (RSUs) on November 13, 2025 under the Hudson Global, Inc. 2009 Incentive Stock and Awards Plan.

What is the vesting schedule for the 66,171 RSUs reported for Star Equity Holdings?

The 66,171 RSUs vest in three equal annual installments beginning on the November 13, 2025 grant date, subject to the reporting person’s continuous service.

Why were 14,306 Star Equity shares disposed of in this Form 4?

The 14,306 shares of Star Equity common stock reported as disposed were withheld to satisfy tax withholding obligations that arose when time-based RSUs vested.

What is the reporting person’s total beneficial ownership after these Star Equity transactions?

Following the reported transactions, the reporting person beneficially owned 180,713 securities, consisting of 135,456 RSUs credited under the 2009 Plan and 45,257 shares of Star Equity common stock.

At what price were the 14,306 Star Equity shares withheld for taxes?

The 14,306 shares of Star Equity common stock withheld for tax purposes were valued at a price of $10.03 per share.