Mills Andrew J. 4
4 · Medline Inc. · Filed Dec 22, 2025
Insider Transaction Report
Form 4
Medline Inc.MDLN
Mills Andrew J.
Director
Transactions
- Award
Class B Common Stock
2025-12-16+30,655→ 30,655 total(indirect: See Footnote) - Purchase
Class A Common Stock
2025-12-18$29.00/sh+2,586,206$74,999,974→ 2,586,206 total(indirect: See Footnote) - Award
Common Units of Medline Holdings, LP
2025-12-16+30,655→ 30,655 total(indirect: See Footnote)→ Class A Common Stock (30,655 underlying)
Footnotes (5)
- [F1]These securities were acquired in connection with the reclassification of the interests of Medline Holdings, LP prior to the Issuer's initial public offering (as more fully described in the Registration Statement on Form S-1). These securities were previously reported on the Reporting Person's Form 3 filed on December 17, 2025.
- [F2]These securities are held by a trust for the benefit of the Reporting Person and members of his immediate family, and of which the Reporting Person has the power to replace the trustee. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F3]Reflects shares of Class A Common Stock of the Issuer acquired in the initial public offering of Class A Common Stock of the Issuer at the initial public offering price and on the same terms as the other purchasers in the initial public offering.
- [F4]These securities are held for the benefit of the Reporting Person and members of his immediate family by a limited liability company. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F5]Pursuant to the terms of an exchange agreement, dated as of December 16, 2025, holders have the right to exchange their common units of Medline Holdings, LP for shares of the Issuer's Class A common stock on a one-for-one basis, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications. These exchange rights do not expire.