HELLMAN & FRIEDMAN CAPITAL PARTNERS X (PARALLEL), L.P. sold 55.9% of their position (6.09M shares) of MEDLINE INC. on the open market

Open‑market sale worth $172.72M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

HELLMAN & FRIEDMAN CAPITAL PARTNERS X (PARALLEL), L.P.

Filed: 12/22/2025ACC: 0001193125-25-329276

InsiderHELLMAN & FRIEDMAN CAPITAL PARTNERS X (PARALLEL), L.P.CIK 1841430

→

IssuerMEDLINE INC.CIK 2046386

10% Owner

Since Mar 2026

-31.81M

Net shares

Net seller

$172.72M

Total sold

Open market trades

0B · 3S

Total transactions

2.10M acquired · 33.91M disposed

Non-Derivative Transactions9

Class A Common Stock

Indirect

S · Sale

−5.08M

Price / share

$28.37

Trade value

$144.09M

% of position

5.4%

12/18/2025

93.97M→88.89M

Class A Common Stock

Indirect

S · Sale

−547.30K

Price / share

$28.37

Trade value

$15.53M

% of position

5.6%

12/18/2025

9.82M→9.27M

Class A Common Stock

Indirect

S · Sale

−461.76K

Price / share

$28.37

Trade value

$13.10M

% of position

8.8%

12/18/2025

5.27M→4.81M

Class B Common Stock

Indirect

J · J

−9.03M

Price / share

—

Trade value

—

% of position

7.1%

12/18/2025

126.92M→117.89M

Class A Common Stock

Indirect

J · J

−3.16M

Price / share

—

Trade value

—

% of position

3.6%

12/18/2025

88.89M→85.73M

Class A Common Stock

Indirect

J · J

−313.12K

Price / share

—

Trade value

—

% of position

3.4%

12/18/2025

9.27M→8.96M

Class A Common Stock

Indirect

C · Conversion

+2.10M

Price / share

—

Trade value

—

% of position

10864.9%

12/18/2025

19.31K→2.12M

Class A Common Stock

Indirect

J · J

−2.10M

Price / share

—

Trade value

—

% of position

99.1%

12/18/2025

2.12M→19.31K

Class B Common Stock

Indirect

J · J

−2.10M

Price / share

—

Trade value

—

% of position

1.8%

12/18/2025

117.89M→115.79M

Total

Net shares

−20.69M

Net value

-$172.72M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Indirect	12/18/2025	S · Sale	−5.08M	$28.37	$144.09M	5.4%	93.97M	88.89M
Class A Common Stock Indirect	12/18/2025	S · Sale	−547.30K	$28.37	$15.53M	5.6%	9.82M	9.27M
Class A Common Stock Indirect	12/18/2025	S · Sale	−461.76K	$28.37	$13.10M	8.8%	5.27M	4.81M
Class B Common Stock Indirect	12/18/2025	J · J	−9.03M	—	—	7.1%	126.92M	117.89M
Class A Common Stock Indirect	12/18/2025	J · J	−3.16M	—	—	3.6%	88.89M	85.73M
Class A Common Stock Indirect	12/18/2025	J · J	−313.12K	—	—	3.4%	9.27M	8.96M
Class A Common Stock Indirect	12/18/2025	C · Conversion	+2.10M	—	—	10864.9%	19.31K	2.12M
Class A Common Stock Indirect	12/18/2025	J · J	−2.10M	—	—	99.1%	2.12M	19.31K
Class B Common Stock Indirect	12/18/2025	J · J	−2.10M	—	—	1.8%	117.89M	115.79M
Total			−20.69M		-$172.72M

Derivative Transactions2

Common Units

Indirect

S · Sale

Converts to

Class A Common Stock

9.03M shares

−9.03M

Strike price

Held after

117.89M

Exercisable

—

12/18/2025

Common Units

Indirect

C · Conversion

Converts to

Class A Common Stock

2.10M shares

−2.10M

Strike price

Held after

115.79M

Exercisable

—

12/18/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Common Units Indirect	Class A Common Stock9.03M shares	12/18/2025	S · Sale	−9.03M		—	117.89M
Common Units Indirect	Class A Common Stock2.10M shares	12/18/2025	C · Conversion	−2.10M		—	115.79M