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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.

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.

Hudson Global, Inc. (HSON) director Connia M. Nelson was reported to have acquired 1,130 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 and is payable only in common stock up to 90 days after a director’s separation from service. After this transaction the reporting person beneficially owned 41,487 shares. The Form 4 was signed by an attorney-in-fact on 08/18/2025 and shows the acquisition recorded at a price of $0 consistent with a deferred compensation credit.

Hotchkis and Wiley Capital Management, LLC reported beneficial ownership of 293,525 shares of Hudson Global, Inc., equal to 10.67% of the company's common stock as of the event date 06/30/2025. The filing shows HWCM has sole voting power over 247,725 shares and sole dispositive power over 293,525 shares.

The Schedule 13G/A is filed in HWCM's capacity as an investment adviser (IA). The filing includes a certification that the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence the control of the issuer. The statement notes certain HWCM clients retain voting power over some shares. The filing is signed by Tina H. Kodama, Chief Compliance Officer, dated 08/13/2025.

Hudson Global, Inc. reported modestly lower revenue and a reduced year-to-date loss while remaining an operating-loss company. Revenue was $35.5 million in Q2 2025, essentially flat with Q2 2024, and $67.4 million for the six months, down 3.2% from prior year driven principally by declines in Australia. Adjusted net revenue, which excludes direct contracting costs, rose to $18.6 million in Q2 and $35.0 million year-to-date, reflecting stronger contracting activity offsetting weaker RPO results.

Operating loss narrowed year-to-date to $1.9 million from $3.2 million a year earlier and net loss improved to $2.44 million for six months (loss per share $0.82). Cash and equivalents were $16.8 million and accounts receivable increased to $23.5 million. The company disclosed a pending merger agreement to acquire Star Equity Holdings (subject to approvals) and a July 23, 2025 acquisition of Alpha Consulting Group in Japan as a subsequent event.

Mink Brook Asset Management and affiliated entities filed Amendment No. 2 to Schedule 13G disclosing aggregate ownership of 274,496 Hudson Global (HSON) common shares, equal to roughly 9.96 % of the 2,755,735 shares outstanding as of 14 Jul 2025.

The stake is split evenly between Mink Brook Partners LP and Mink Brook Opportunity Fund LP, each holding about 137 k shares (�4.98 %). Voting and dispositive powers are shared: neither fund, their general partner Mink Brook Capital GP LLC, managing member William Mueller, nor Mink Brook Asset Management LLC claim sole authority. Collectively, Capital GP, Mueller and the asset-management arm control the full block.

Mink Brook acquired the shares after receiving written consent from Hudson Global on 20 Nov 2023 to exceed the 5 % threshold. The filing states the position is passive and “not held for the purpose of influencing control,� yet the near-10 % holding makes Mink Brook one of HSON’s largest shareholders, potentially giving it meaningful weight in future proxy matters without triggering 13D activist classification.