[Form 3] Hudson Global, Inc. Initial Statement of Beneficial Ownership
Jennifer Palmer, a director of Hudson Global, Inc. (HSON), reported initial beneficial ownership via Form 3 for securities received in connection with Hudson's merger with Star Equity Holdings. The filing shows multiple Restricted Stock Units (RSUs): 361 and 396 RSUs representing Hudson common stock (received in exchange for Star common stock RSUs), and two grants of 460 RSUs each representing Hudson Series A Preferred Stock (received in exchange for Star 10% Series A Preferred RSUs). Each RSU vests on the first anniversary of its grant date, and the filing was signed by an attorney-in-fact on behalf of Ms. Palmer.
Jennifer Palmer, membro del consiglio di Hudson Global, Inc. (HSON), ha dichiarato la titolarit脿 iniziale mediante il Modulo 3 per i titoli ricevuti in relazione alla fusione di Hudson con Star Equity Holdings. La comunicazione indica pi霉 Restricted Stock Units (RSU): 361 e 396 RSU rappresentanti azioni ordinarie Hudson (ricevute in cambio delle RSU su azioni ordinarie Star), e due assegnazioni da 460 RSU ciascuna rappresentanti azioni privilegiate di Serie A Hudson (ricevute in cambio delle RSU 10% Serie A di Star). Ciascuna RSU matura il primo anniversario della data di concessione e la dichiarazione 猫 stata firmata per delega da un procuratore a nome della signora Palmer.
Jennifer Palmer, directora de Hudson Global, Inc. (HSON), notific贸 la titularidad inicial mediante el Formulario 3 por valores recibidos en relaci贸n con la fusi贸n de Hudson con Star Equity Holdings. El informe muestra varias Restricted Stock Units (RSU): 361 y 396 RSU que representan acciones ordinarias de Hudson (recibidas a cambio de RSU sobre acciones ordinarias de Star), y dos otorgamientos de 460 RSU cada uno que representan acciones preferentes Serie A de Hudson (recibidas a cambio de las RSU 10% Serie A de Star). Cada RSU vence en el primer aniversario de su fecha de concesi贸n, y el informe fue firmado por un apoderado en nombre de la Sra. Palmer.
Jennifer Palmer電� Hudson Global, Inc. (HSON)鞚� 鞚挫偓搿滌劀 Hudson瓿� Star Equity Holdings鞚� 頃╇硲瓿� 甏�霠晿鞐� 靾橂牴頃� 歃濌秾鞐� 雽�頃� Form 3毳� 韱淀暣 斓滌磮 氤挫湢 靷嫟鞚� 氤搓碃頄堨姷雼堧嫟. 鞝滌稖靹滊鞐愲姅 鞐煬 瓯挫潣 Restricted Stock Units (RSU)臧� 旮办灛霅橃柎 鞛堨姷雼堧嫟: Hudson 氤错喌欤茧ゼ 雮橅儉雮措姅 361 氚� 396 RSU(Star 氤错喌欤� RSU鞕� 甑愴櫂 靾橂牴)鞕� Hudson 鞁滊Μ歃� A 鞖办劆欤茧ゼ 雮橅儉雮措姅 460 RSU 2瓯�(Star 10% 鞁滊Μ歃� A 鞖办劆欤� RSU鞕� 甑愴櫂 靾橂牴). 臧� RSU電� 攵�鞐澕鞚� 觳� 氩堨Ц 旮半厫鞚检棎 攴�靻嶋悩氅�, 鞝滌稖靹滊姅 Palmer 鞌ゼ 雽�鞁犿晿鞐� 鞙勳瀯霅� 雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
Jennifer Palmer, administratrice de Hudson Global, Inc. (HSON), a d茅clar茅 une participation initiale via le formulaire 3 pour des titres re莽us dans le cadre de la fusion de Hudson avec Star Equity Holdings. le dossier indique plusieurs Restricted Stock Units (RSU) : 361 et 396 RSU repr茅sentant des actions ordinaires Hudson (re莽ues en 茅change des RSU sur actions ordinaires de Star), et deux attributions de 460 RSU chacune repr茅sentant des actions privil茅gi茅es de s茅rie A Hudson (re莽ues en 茅change des RSU 10% Series A Preferred de Star). Chaque RSU acquiert ses droits au premier anniversaire de sa date d鈥檃ttribution, et le document a 茅t茅 sign茅 par un mandataire au nom de Mme Palmer.
Jennifer Palmer, Direktorin von Hudson Global, Inc. (HSON), meldete die anf盲ngliche wirtschaftliche Eigent眉merschaft mittels Formular 3 f眉r Wertpapiere, die im Zusammenhang mit Hudsons Fusion mit Star Equity Holdings erhalten wurden. Die Meldung zeigt mehrere Restricted Stock Units (RSUs): 361 und 396 RSUs, die Hudson-Stammaktien repr盲sentieren (erhalten im Tausch gegen RSUs auf Star-Stammaktien), sowie zwei Zuteilungen zu je 460 RSUs, die Hudson Series A Vorzugsaktien repr盲sentieren (erhalten im Tausch gegen Star 10% Series A Preferred RSUs). Jede RSU wird am ersten Jahrestag des Gew盲hrungsdatums unverfallbar, und die Meldung wurde von einem Bevollm盲chtigten im Namen von Frau Palmer unterzeichnet.
- RSUs converted from Star holdings under the Merger Agreement provide continuity of ownership following the merger
- Time-based vesting (one-year) aligns director incentives with near-term company performance and retention
- Restricted vesting means the shares are not immediately transferable, limiting liquidity for the reporting person
- Form 3 lacks detail on any voting or economic rights attached to the Series A Preferred RSUs, so governance impact is unclear
Insights
TL;DR: Director received converted RSUs from a merger, creating modest insider ownership with standard one-year vesting.
The Form 3 documents that Jennifer Palmer holds multiple classes of RSUs converted from Star Equity Holdings following the merger exchange ratio. The holdings include RSUs for Hudson common stock and for Hudson Series A Preferred Stock, each converting from specified Star securities. Vesting schedules are standard time-based (one year after grant), which limits immediate transferability and near-term dilution. This is a routine insider reporting of equity awards following a corporate combination and is informational for ownership tracking but does not indicate an immediate change to outstanding voting power or liquidity.
TL;DR: The filing reflects post-merger equity conversion and routine director compensation structure with time-based restrictions.
The submission clarifies that RSUs were converted under the Merger Agreement at the stated exchange ratio and retain one-year vesting. The presence of Series A Preferred RSUs is notable for governance because preferred shares can carry specific rights; however, the Form 3 only documents the RSU amounts and vesting and does not disclose any special voting or redemption terms. From a governance perspective, the filing is procedural and aligns with customary post-merger award conversions and director equity grants.
Jennifer Palmer, membro del consiglio di Hudson Global, Inc. (HSON), ha dichiarato la titolarit脿 iniziale mediante il Modulo 3 per i titoli ricevuti in relazione alla fusione di Hudson con Star Equity Holdings. La comunicazione indica pi霉 Restricted Stock Units (RSU): 361 e 396 RSU rappresentanti azioni ordinarie Hudson (ricevute in cambio delle RSU su azioni ordinarie Star), e due assegnazioni da 460 RSU ciascuna rappresentanti azioni privilegiate di Serie A Hudson (ricevute in cambio delle RSU 10% Serie A di Star). Ciascuna RSU matura il primo anniversario della data di concessione e la dichiarazione 猫 stata firmata per delega da un procuratore a nome della signora Palmer.
Jennifer Palmer, directora de Hudson Global, Inc. (HSON), notific贸 la titularidad inicial mediante el Formulario 3 por valores recibidos en relaci贸n con la fusi贸n de Hudson con Star Equity Holdings. El informe muestra varias Restricted Stock Units (RSU): 361 y 396 RSU que representan acciones ordinarias de Hudson (recibidas a cambio de RSU sobre acciones ordinarias de Star), y dos otorgamientos de 460 RSU cada uno que representan acciones preferentes Serie A de Hudson (recibidas a cambio de las RSU 10% Serie A de Star). Cada RSU vence en el primer aniversario de su fecha de concesi贸n, y el informe fue firmado por un apoderado en nombre de la Sra. Palmer.
Jennifer Palmer電� Hudson Global, Inc. (HSON)鞚� 鞚挫偓搿滌劀 Hudson瓿� Star Equity Holdings鞚� 頃╇硲瓿� 甏�霠晿鞐� 靾橂牴頃� 歃濌秾鞐� 雽�頃� Form 3毳� 韱淀暣 斓滌磮 氤挫湢 靷嫟鞚� 氤搓碃頄堨姷雼堧嫟. 鞝滌稖靹滊鞐愲姅 鞐煬 瓯挫潣 Restricted Stock Units (RSU)臧� 旮办灛霅橃柎 鞛堨姷雼堧嫟: Hudson 氤错喌欤茧ゼ 雮橅儉雮措姅 361 氚� 396 RSU(Star 氤错喌欤� RSU鞕� 甑愴櫂 靾橂牴)鞕� Hudson 鞁滊Μ歃� A 鞖办劆欤茧ゼ 雮橅儉雮措姅 460 RSU 2瓯�(Star 10% 鞁滊Μ歃� A 鞖办劆欤� RSU鞕� 甑愴櫂 靾橂牴). 臧� RSU電� 攵�鞐澕鞚� 觳� 氩堨Ц 旮半厫鞚检棎 攴�靻嶋悩氅�, 鞝滌稖靹滊姅 Palmer 鞌ゼ 雽�鞁犿晿鞐� 鞙勳瀯霅� 雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
Jennifer Palmer, administratrice de Hudson Global, Inc. (HSON), a d茅clar茅 une participation initiale via le formulaire 3 pour des titres re莽us dans le cadre de la fusion de Hudson avec Star Equity Holdings. le dossier indique plusieurs Restricted Stock Units (RSU) : 361 et 396 RSU repr茅sentant des actions ordinaires Hudson (re莽ues en 茅change des RSU sur actions ordinaires de Star), et deux attributions de 460 RSU chacune repr茅sentant des actions privil茅gi茅es de s茅rie A Hudson (re莽ues en 茅change des RSU 10% Series A Preferred de Star). Chaque RSU acquiert ses droits au premier anniversaire de sa date d鈥檃ttribution, et le document a 茅t茅 sign茅 par un mandataire au nom de Mme Palmer.
Jennifer Palmer, Direktorin von Hudson Global, Inc. (HSON), meldete die anf盲ngliche wirtschaftliche Eigent眉merschaft mittels Formular 3 f眉r Wertpapiere, die im Zusammenhang mit Hudsons Fusion mit Star Equity Holdings erhalten wurden. Die Meldung zeigt mehrere Restricted Stock Units (RSUs): 361 und 396 RSUs, die Hudson-Stammaktien repr盲sentieren (erhalten im Tausch gegen RSUs auf Star-Stammaktien), sowie zwei Zuteilungen zu je 460 RSUs, die Hudson Series A Vorzugsaktien repr盲sentieren (erhalten im Tausch gegen Star 10% Series A Preferred RSUs). Jede RSU wird am ersten Jahrestag des Gew盲hrungsdatums unverfallbar, und die Meldung wurde von einem Bevollm盲chtigten im Namen von Frau Palmer unterzeichnet.
FAQ
What did Jennifer Palmer report on Form 3 for Hudson Global (HSON)?
Why were RSUs converted in the Form 3 filing for HSON?
When do the reported RSUs vest according to the filing?
Does the Form 3 show any immediate saleable shares for Jennifer Palmer (HSON)?
How many total RSUs were reported on the Form 3 for HSON?
Who signed the Form 3 filing for Jennifer Palmer (HSON)?
