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

Rhea-AI Filing Summary

Hudson Global, Inc. director Robert G. Pearse was granted 7,012 Restricted Stock Units on 09/09/2025 under the company's 2009 Incentive Stock and Awards Plan, as amended and restated. Each Restricted Stock Unit converts to one share of common stock at settlement, payable on the first anniversary of the grant date, and the grant was valued using the closing price on 09/09/2025. After the grant, the reporting person beneficially owned 23,214 shares. The Form 4 was filed by a single reporting person and signed by an attorney-in-fact on 09/11/2025.

Insights

Compensation Analyst

TL;DR: Director received a standard time-vesting equity grant of 7,012 RSUs, increasing beneficial ownership to 23,214 shares.

The award is structured as restricted stock units that vest and settle one year after the grant, aligning the director's interests with shareholders through deferred equity rather than immediate cash. The grant was sized and priced using the closing market price on the grant date; the Form 4 indicates no cash paid by the recipient. This is a routine, non-executive director award intended for retention and alignment.

Corporate Governance Expert

TL;DR: Governance outcome is neutral: a typical equity retention grant with clear vesting and disclosure.

The disclosure identifies the reporting person as a director and shows proper Section 16 reporting. Settlement on the first anniversary is explicit, and the filing includes an explanation and attorney-in-fact signature, reflecting standard compliance practices. No derivative transactions, option exercises, or disposals are reported.

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 STAR EQUITY HOLDINGS, 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. [ STRR ]

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)
09/09/2025

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)	09/09/2025		A		7,012(1)	A	$0	23,214	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. Includes 7,012 Restricted Stock Units credited to the Reporting Person's account under the Issuer's 2009 Incentive Stock and Awards Plan, as amended and restated. Each Restricted Stock Unit represents the right to receive, at settlement, one share of Common Stock payable upon the first anniversary of the Grant Date. The number of Restricted Stock Units granted was determined using the closing price on September 9, 2025.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

	/s/ Matthew K. Diamond, Attorney-in-Fact for Robert G. Pearse	09/11/2025
	** 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 this Form 4?

The filing reports a grant of 7,012 Restricted Stock Units to director Robert G. Pearse on 09/09/2025, increasing beneficial ownership to 23,214 shares.

When will the RSUs granted to the director vest and settle?

Each Restricted Stock Unit is payable upon the first anniversary of the grant date, i.e., settlement one year after 09/09/2025.

Did the reporting person pay for the shares?

No cash consideration is reported; the transaction shows a price of $0, indicating an equity grant (RSUs) rather than a purchase.

How was the number of RSUs determined?

The number of Restricted Stock Units granted was determined using the closing price on September 9, 2025.

Who filed and signed the Form 4 for Robert G. Pearse?

The Form 4 was filed for one reporting person and signed by Matthew K. Diamond, Attorney-in-Fact on 09/11/2025.