HSON Form 4: Director Robert Pearse Receives 1,497 Share Units

Rhea-AI Filing Summary

Hudson Global, Inc. (HSON) director Robert G. Pearse was credited with 1,497 share units under the company's Director Deferred Share Plan on 08/15/2025. Each share unit is the economic equivalent of one share of common stock. After this transaction, the reporting person beneficially owns 16,202 shares. The share units were recorded at a $0 price and are payable only in common stock within 90 days after a director's separation from service. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Pearse on 08/18/2025.

Positive

• 1,497 share units credited to Director Robert G. Pearse under the Hudson Global Director Deferred Share Plan on 08/15/2025
• Share units are economically equivalent to common stock, providing direct alignment between director compensation and shareholder equity
• Post-transaction beneficial ownership of the reporting person is disclosed as 16,202 shares

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Director received deferred share units aligning compensation with equity; transaction appears routine and part of a director plan.

The filing documents a non-cash credit of 1,497 share units to Director Robert G. Pearse under the Hudson Global Director Deferred Share Plan. The units are economically equivalent to common shares and are payable only in common stock within 90 days after separation from service. The record shows no cash purchase or sale and no derivatives involved. This is a standard disclosure of director compensation through equity deferral rather than an active market transaction. The filing was executed by an attorney-in-fact and updates the director’s beneficial ownership to 16,202 shares.

Securities Analyst

TL;DR: Routine insider crediting of deferred share units; no cash consideration and no immediate market impact shown.

The Form 4 reports an acquisition code 'A' for 1,497 share units credited on 08/15/2025 at a reported price of $0, indicating these are compensation-based share units rather than purchased shares. The filing discloses the post-transaction beneficial ownership of 16,202 shares. There are no derivative positions reported. Based solely on the filing, this is an administrative equity-compensation event rather than a market liquidity transaction.

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

OMB Number:			3235-0287
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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^*

Pearse Robert G.

(Last) (First) (Middle)

C/O HUDSON GLOBAL, INC.

53 FOREST AVENUE, SUITE 102

(Street)

OLD GREENWICH CT 06870

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Hudson Global, Inc. [ HSON ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

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.(1)	08/15/2025		A		1,497(1)	A	$0	16,202	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. Share Units credited to the reporting person's account under the Hudson Global, Inc. (the "Company") Director Deferred Share Plan. Each Share Unit is the economic equivalent of one share of Common Stock. Share Units are payable only in Common Stock up to 90 days after a director's separation from service.

Remarks:

	/s/ Matthew K. Diamond, Attorney-in-Fact for Robert G. Pearse	08/18/2025
	** 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 did Hudson Global (HSON) report on the Form 4 filed for Robert G. Pearse?

The Form 4 reports that Robert G. Pearse was credited with 1,497 share units under the Director Deferred Share Plan on 08/15/2025 and now beneficially owns 16,202 shares.

Were any shares purchased or sold by the reporting person in this Form 4?

No cash purchase or sale is reported; the transaction code is A for acquisition of share units at a reported price of $0, indicating compensation-based crediting.

How and when are the credited share units payable?

Each share unit is the economic equivalent of one common share and is payable only in common stock within 90 days after a director's separation from service.

Does the Form 4 show any derivative securities for the reporting person?

No. Table II for derivative securities contains no entries; only non-derivative share units are reported.

Who signed the Form 4 for Robert G. Pearse?

The Form 4 was signed by Matthew K. Diamond, Attorney-in-Fact for Robert G. Pearse on 08/18/2025.