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

Rhea-AI Filing Summary

Hudson Global, Inc. (HSON) reported an insider acquisition: director Mimi K. Drake was credited with 1,674 share units under the company's Director Deferred Share Plan, each unit equal to one share of common stock. The transaction is recorded as an acquisition on 08/15/2025 at a $0 cash price because the units are payable in common stock following separation from service. After the grant, Ms. Drake's beneficial ownership totals 45,055 shares held directly. The share units are payable in common stock up to 90 days after a director's separation from service.

Insights

Corporate Governance Expert

TL;DR: Routine director deferred-share credit increased a director's holdings by 1,674 units; standard compensation mechanism with no immediate cash outlay.

The reported transaction reflects a grant of share units under the Director Deferred Share Plan, which is a common non-cash compensation tool for non-employee directors. Because the units convert to common stock only upon payout and are recorded at $0 price, there is no immediate dilution from a cash issuance, though eventual issuance will increase outstanding shares. The filing shows direct beneficial ownership of 45,055 shares following the credit, and the units carry a payout timing provision of up to 90 days after separation from service.

Securities Analyst

TL;DR: Non-derivative grant increases director's equity stake modestly; transaction appears procedural and not material to investors.

This Form 4 documents a non-derivative acquisition of 1,674 share units credited to a director under a deferred plan. The acquisition is recorded as Code A at no cash price, indicating a compensation-related issuance rather than a market purchase. The increase brings the director's direct holdings to 45,055 shares. From an investor-materiality perspective, the change is routine director compensation and does not, by itself, signal a change in corporate control or major ownership shift.

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

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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^*

Drake Mimi K

(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		1,674(1)	A	$0	45,055	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 Mimi K. Drake	08/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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