GIC Private Ltd sold MDLN

December 18, 2025 · Form 4 insider transaction

GIC Private Ltd sold 10,204,351 shares of Medline Inc. at $28.37 per share, a transaction worth $289.48M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 4 days after the transaction.

Direction
Disposed (sell-side)
Shares
10,204,351
Price
$28.37
Total value
$289.48M
Role10% owner
SecurityClass A Common Stock
Transaction codeS: Open-market sale
Transaction dateDecember 18, 2025
Filing dateDecember 22, 2025
Shares owned after91,555,447
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

This amount represents the $29.00 secondary public offering price per share of Class A common stock ("Class A Common Stock") of Medline Inc. (the "Issuer"), less the underwriting discount of $0.63173 per share sold by Hux Investment Pte. Ltd. ("Hux") to the Issuer in connection with the Issuer's initial public offering ("IPO").; These securities are owned directly by Hux. Hux shares the power to vote and the power to dispose of these securities with GIC Special Investments Pte. Ltd. ("GIC SI") and GIC (with Hux and GIC SI, each a "Reporting Person"), both of which are private limited companies incorporated in Singapore. GIC SI is wholly owned by GIC and is the private equity investment arm of GIC. GIC is wholly owned by the Government of Singapore and was set up with the sole purpose of managing Singapore's foreign reserves. The Government of Singapore disclaims beneficial ownership of these securities.; Each Reporting Person disclaims beneficial ownership of the securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

View the original Form 4 on SEC EDGAR