TC Group Cayman Investment Holdings, L.P. - 16 Jan 2026 Form 3 Insider Report for Medline Inc. (MDLN)

Role
10%+ Owner
Signature
TC Group Cayman Investment Holdings, L.P., By: CG Subsidiary Holdings L.L.C., its general partner, By: /s/ Anne Frederick, Managing Director
Issuer symbol
MDLN
Transactions as of
16 Jan 2026
Net transactions value
$0
Form type
3
Filing time
21 Jan 2026, 16:30:16 UTC
Previous filing
16 Jul 2024
Next filing
06 Mar 2026

Reporting Owners (6)

Name Relationship Address Signature Signature date CIK
TC Group Cayman Investment Holdings, L.P. 10%+ Owner C/O WALKERS CORPORATE LIMITED, 190 ELGIN AVENUE, GEORGE TOWN,, CAYMAN ISLANDS TC Group Cayman Investment Holdings, L.P., By: CG Subsidiary Holdings L.L.C., its general partner, By: /s/ Anne Frederick, Managing Director 21 Jan 2026 0001475444
Carlyle Holdings II GP L.L.C. 10%+ Owner C/O THE CARLYLE GROUP INC., 1001 PENNSYLVANIA AVE. NW SUITE 220 S, WASHINGTON, Carlyle Holdings II GP L.L.C., By: The Carlyle Group Inc., its sole member, By: /s/ Anne Frederick, Corporate Secretary 21 Jan 2026 0001548629
Carlyle Holdings II L.L.C. 10%+ Owner C/O THE CARLYLE GROUP INC., 1001 PENNSYLVANIA AVE. NW SUITE 220 S, WASHINGTON, Carlyle Holdings II L.L.C., By: /s/ Anne Frederick, Managing Director 21 Jan 2026 0001548630
TC Group Cayman Investment Holdings Sub L.P. 10%+ Owner C/O WALKERS CORPORATE LIMITED, 190 ELGIN AVENUE,, GEORGE TOWN,, CAYMAN ISLANDS TC Group Cayman Investment Holdings Sub L.P., By: TC Group Cayman Investment Holdings, L.P., its general partner, By: CG Subsidiary Holdings L.L.C., its general partner, By: /s/ Anne Frederick, Managing Director 21 Jan 2026 0001548636
TC Group VII, L.L.C. 10%+ Owner C/O THE CARLYLE GROUP INC., 1001 PENNSYLVANIA AVE. NW SUITE 220 S, WASHINGTON, TC Group VII, L.L.C., By: TC Group Cayman Investment Holdings Sub L.P., its sole member, By: TC Group Cayman Investment Holdings, L.P., its general partner, By: CG Subsidiary Holdings L.L.C., its general partner, By: /s/ Anne Frederick, Managing Director 21 Jan 2026 0001791662
TC Group VII, L.P. 10%+ Owner C/O THE CARLYLE GROUP INC., 1001 PENNSYLVANIA AVE. NW SUITE 220 S, WASHINGTON, TC Group VII, L.P., By: TC Group VII, L.L.C., its general partner, TC Group Cayman Investment Holdings Sub L.P., its GP, TC Group Cayman Investment Holdings, L.P., it GP, CG Subsidiary Holdings L.L.C., its GP, By: /s/ Anne Frederick, Managing Director 21 Jan 2026 0001791752

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MDLN Class A Common Stock 111,994,953 16 Jan 2026 See footnotes F1, F2
holding MDLN Class B Common Stock 55,557,381 16 Jan 2026 See footnotes F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding MDLN Common Units of Medline Holdings, LP 16 Jan 2026 Class A Common Stock 55,557,381 See footnotes F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects (i) 268,411 shares of Class A Common Stock held by CP Circle ML-2 Holdco, L.P., (ii) 58,369,466 shares of Class A Common Stock held by CP Circle ML-3 Holdco, L.P., (iii) 26,655,381 shares of Class A Common Stock held by CP Circle ML-4 Holdco, L.P., (iv) 6,615,133 shares of Class A Common Stock held by CP Circle ML-5 Holdco, L.P., (v) 2,440,275 shares of Class A Common Stock held by CP Circle ML-6 Holdco, L.P., (vi) 17,636,833 shares of Class A Common Stock held by CP Circle ML-7 Holdco, L.P. and (vii) 9,454 shares of Class A Common Stock and 55,557,381 Common Units and shares of Class B Common Stock held by CP Circle ML-1 Holdco, L.P.
F2 The Carlyle Group Inc., a publicly traded company listed on Nasdaq, is the sole member of Carlyle Holdings II GP L.L.C., which is the managing member of Carlyle Holdings II L.L.C., which, with respect to the securities managed by TC Group VII, L.P., is the managing member of CG Subsidiary Holdings L.L.C., which is the general partner of TC Group Cayman Investment Holdings, L.P., which is the general partner of TC Group Cayman Investment Holdings Sub L.P., which is the sole member of TC Group VII, L.L.C., which is the general partner of TC Group VII, L.P., which is the managing member of CP Circle ML Holdco GP, LLC, which is the general partner of each of CP Circle ML-7 Holdco, L.P., CP Circle ML-6 Holdco, L.P., CP Circle ML-5 Holdco, L.P., CP Circle ML-4 Holdco, L.P., CP Circle ML-3 Holdco, L.P. and CP Circle ML-2 Holdco, L.P. TC Group VII, L.P. is also the managing member of CP Circle ML-1 Holdco GP, LLC, which is the general partner of CP Circle ML-1 Holdco, L.P.
F3 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 Units") held. Upon an exchange of Common Units for shares of the Issuer's Class A common stock ("Class A Common Stock"), an equivalent number of shares of Class B Common Stock held by such holder will be automatically cancelled.
F4 Pursuant to the terms of an exchange agreement, dated as of December 16, 2025, holders have the right to exchange their Common Units for shares of 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.

Remarks:

Due to the limitations of the electronic filing system, CP Circle ML Holdco GP, LLC, CP Circle ML-1 Holdco GP, LLC, CP Circle ML-1 Holdco, L.P., CP Circle ML-2 Holdco, L.P., CP Circle ML-3 Holdco, L.P., CP Circle ML-4 Holdco, L.P., CP Circle ML-5 Holdco, L.P., CP Circle ML-6 Holdco, L.P. and CP Circle ML-7 Holdco, L.P. are filing a separate Form 3. In future Section 16 filings, the Reporting Persons will also file jointly with The Carlyle Group Inc., Carlyle Holdings I GP Inc., Carlyle Holdings I GP Sub L.L.C., Carlyle Holdings I L.P., CG Subsidiary Holdings L.L.C., TC Group, L.L.C., TC Group Sub L.P., TC Group VII S1, L.L.C., TC Group VII S1, L.P., TC Group VIII Lux GP, S.a r.l., CPEP GP, LLC, CPEP Circle Holdings L.P., Carlyle Mozart Coinvestment Holdings, L.P. and CP Circle Holdings, L.P.