Schwarzman Stephen A's Form 4 filing
Medline Inc. (MDLN) · filed Dec 22, 2025
- Accession no.
- 0001193125-25-328815
- Filed
- Dec 22, 2025, 4:30 PM ET
- Trade date
- Dec 18, 2025
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $381.9M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Schwarzman Stephen ACIK 0001070844 | 10% Owner |
| Blackstone Inc.CIK 0001393818 | 10% Owner |
| Blackstone Group Management L.L.C.CIK 0001404071 | 10% Owner |
| Blackstone Holdings I/II GP L.L.C.CIK 0001464695 | 10% Owner |
| Blackstone Holdings II L.P.CIK 0001484870 | 10% Owner |
| Blackstone Management Associates VIII L.P.CIK 0002084378 | 10% Owner |
| Bma VIII L.L.C.CIK 0002084966 | 10% Owner |
| BCP 8 Holdings Mozart Manager L.L.C.CIK 0002094484 | 10% Owner |
| BCP Mozart Aggregator L.P.CIK 0002094487 | 10% Owner |
| Mozart Aggregator II LPCIK 0002098582 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 18, 2025 | Class A Common Stock | SSaleDisposed | −13,462,600 | $28.37F1 | −$381,911,075.58 | 143,187,216 | Indirect | |
| Dec 18, 2025 | Class B Common Stock | JOtherDisposed | −6,954,440 | –F7 | – | 72,372,632 | Indirect | |
| Dec 18, 2025 | Class A Common Stock | JOtherDisposed | −268,536 | –F8 | – | 142,918,680 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 18, 2025 | Class A Common Stock | SSaleDisposed | −6,954,440 | $28.37F1 | −$197,285,640.25 | 72,372,632 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
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 the Reporting Persons to the Issuer in connection with the Issuer's initial public offering.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.
- F7
Shares of the Issuer's Class B common stock ("Class B Common Stock") have no economic value and have one vote per share. One share of Class B Common Stock is issued for each common unit of Medline Holdings, LP ("Common Unit") held. Upon the sale of Common Units, an equivalent number of shares of Class B Common Stock were automatically cancelled.
Referenced by the price of 1 transaction in Table I.
- F8
On December 18, 2025, Mozart Aggregator II LP initiated in-kind distributions of shares of Class A Common Stock to one of its investors and certain affiliated entities of that investor. Such distributees have agreed to be bound in writing by the restrictions set forth in the Lock Up Agreement entered into by and among the Reporting Persons and the underwriters.
Referenced by the price of 1 transaction in Table I.