Carlyle Group Inc. - 31 Dec 2025 SCHEDULE 13G Report for Medline Inc. Class A Common Stock, par value $0.0001 per share (MDLN)

Filing Manager
Carlyle Group Inc.
Reporting Manager
Carlyle Group Inc.
Security
Medline Inc. Class A Common Stock, par value $0.0001 per share
Symbol
MDLN
Shares outstanding
882,389,492 shares
Disclosed Ownership
215,303,036 shares
Ownership
24%
Form type
SCHEDULE 13G
Filing time
13 Feb 2026, 16:30:05 UTC
Date of event
31 Dec 2025
SEC
View on sec.gov

Reporting Managers (29)

Name Ownership Shares Owned sole voting power shared voting power Signature Title CIK
Carlyle Group Inc. 24% 215,303,036 0 215,303,036 /s/ Anne K. Frederick Anne K. Frederick, Corporate Secretary
CG Subsidiary Holdings L.L.C. 24% 215,303,036 0 215,303,036 /s/ Anne K. Frederick Anne K. Frederick, Managing Director
Carlyle Holdings I GP Inc. 5.8% 47,750,702 0 47,750,702 /s/ Anne K. Frederick Anne K. Frederick, Managing Director
Carlyle Holdings I GP Sub L.L.C. 5.8% 47,750,702 0 47,750,702 By: Carlyle Holdings I GP Inc., its sole member, /s/ Anne K. Frederick Anne K. Frederick, Managing Director
Carlyle Holdings I L.P. 5.8% 47,750,702 0 47,750,702 /s/ Anne K. Frederick Anne K. Frederick, Managing Director
TC Group, L.L.C. 5.7% 46,912,197 0 46,912,197 /s/ Anne K. Frederick Anne K. Frederick, Managing Director
TC Group Sub L.P. 5.7% 46,912,197 0 46,912,197 By: TC Group, L.L.C., its general partner, /s/ Anne K. Frederick Anne K. Frederick, Managing Director
TC Group VII S1, L.L.C. 5.7% 46,912,197 0 46,912,197 By: TC Group Sub L.P., its managing member, TC Group, L.L.C., its general partner, /s/ Anne K. Frederick Anne K. Frederick, Managing Director
TC Group VII S1, L.P. 5.7% 46,912,197 0 46,912,197 By: TC Group VII S1, L.L.C., its general partner, /s/ Jeremy Anderson Jeremy Anderson, Vice President
Carlyle Mozart Coinvestment Holdings, L.P. 2% 16,125,094 0 16,125,094 By: TC Group VII S1, L.P., its general partner, TC Group VII S1, L.L.C., /s/ Jeremy Anderson Jeremy Anderson, Vice President
Carlyle Mozart Coinvestment UNLV Holdco, L.P. 1.9% 15,414,514 0 15,414,514 By: TC Group VII S1, L.P., its general partner, TC Group VII S1, L.L.C., /s/ Jeremy Anderson Jeremy Anderson, Vice President
CP Circle UNLV Holdco, L.P. 1.9% 15,372,589 0 15,372,589 By: TC Group VII S1, L.P., its general partner, TC Group VII S1, L.L.C., /s/ Jeremy Anderson Jeremy Anderson, Vice President
CPEP GP, LLC 0.1% 838,505 0 838,505 /s/ Jeremy Anderson Jeremy Anderson, Vice President
CPEP Circle Holdings L.P. 0.1% 838,505 0 838,505 By: CPEP GP, LLC, its general partner, /s/ Jeremy Anderson Jeremy Anderson, Vice President
Carlyle Holdings II GP L.L.C. 19% 167,552,334 0 167,552,334 By: The Carlyle Group Inc., its sole member, /s/ Anne K. Frederick Anne K. Frederick, Corporate Secretary
Carlyle Holdings II L.L.C. 19% 167,552,334 0 167,552,334 /s/ Anne K. Frederick Anne K. Frederick, Managing Director
TC Group Cayman Investment Holdings, L.P. 19% 167,552,334 0 167,552,334 By: CG Subsidiary Holdings L.L.C., its general partner, /s/ Anne K. Frederick Anne K. Frederick, Managing Director
TC Group Cayman Investment Holdings Sub L.P. 19% 167,552,334 0 167,552,334 By: TC Group Cayman Investment Holdings, L.P., its general partner, CG Subsidiary Holdings L.L.C., its general partner, /s/ Anne K. Frederick Anne K. Frederick, Managing Director
TC Group VII, L.L.C. 19% 167,552,334 0 167,552,334 /s/ Jeremy Anderson Jeremy Anderson, Vice President
TC Group VII, L.P. 19% 167,552,334 0 167,552,334 By: TC Group VII, L.L.C., its general partner, /s/ Jeremy Anderson Jeremy Anderson, Vice President
CP Circle ML-1 Holdco GP, LLC 6.4% 55,566,835 0 55,566,835 By: TC Group VII, L.P., its managing member, By: TC Group VII, L.L.C., its general partner, /s/ Jeremy Anderson Jeremy Anderson, Vice President
CP Circle ML-1 Holdco, L.P. 6.4% 55,566,835 0 55,566,835 By: CP Circle ML-1 Holdco GP, LLC, its general partner, /s/ Jeremy Anderson Jeremy Anderson, Vice President
CP Circle ML Holdco GP, LLC 14% 111,985,499 0 111,985,499 /s/ Jeremy Anderson Jeremy Anderson, Vice President
CP Circle ML-2 Holdco, L.P. 0.03% 268,411 0 268,411 By: CP Circle ML Holdco GP, LLC, its general partner, /s/ Jeremy Anderson Jeremy Anderson, Vice President
CP Circle ML-3 Holdco, L.P. 7.2% 58,369,466 0 58,369,466 By: CP Circle ML Holdco GP, LLC, its general partner, /s/ Jeremy Anderson Jeremy Anderson, Vice President
CP Circle ML-4 Holdco, L.P. 3.3% 26,655,381 0 26,655,381 By: CP Circle ML Holdco GP, LLC, its general partner, /s/ Jeremy Anderson Jeremy Anderson, Vice President
CP Circle ML-5 Holdco, L.P. 0.8% 6,615,133 0 6,615,133 By: CP Circle ML Holdco GP, LLC, its general partner, /s/ Jeremy Anderson Jeremy Anderson, Vice President
CP Circle ML-6 Holdco, L.P. 0.3% 2,440,275 0 2,440,275 By: CP Circle ML Holdco GP, LLC, its general partner, /s/ Jeremy Anderson Jeremy Anderson, Vice President
CP Circle ML-7 Holdco, L.P. 2.2% 17,636,833 0 17,636,833 By: CP Circle ML Holdco GP, LLC, its general partner, /s/ Jeremy Anderson Jeremy Anderson, Vice President