Carl Icahn group reports 86.9% stake in Icahn Enterprises (IEP)

Rhea-AI Filing Summary

Icahn Enterprises L.P. major affiliated holders report updated beneficial ownership on an amended Schedule 13D after a quarterly unit distribution. The reporting group, led by Carl C. Icahn, may be deemed to beneficially own 581,937,313 Depositary Units, or approximately 86.89% of outstanding units.

This percentage is based on 549,400,539 Depositary Units outstanding as of February 25, 2026, plus 32,536,774 units issued to the reporting persons on April 15, 2026 as a regular quarterly distribution. Individual entities such as CCI Onshore LLC, Gascon Partners and High Coast Limited Partnership report substantial sole voting and dispositive power over large unit blocks, with Carl C. Icahn reporting shared voting and dispositive power over 581,937,313 units.

Key Figures

Aggregate beneficial ownership: 581,937,313 Depositary Units Ownership percentage: 86.89% of Depositary Units Units outstanding baseline: 549,400,539 Depositary Units +5 more

8 metrics

Aggregate beneficial ownership 581,937,313 Depositary Units Reporting persons’ combined holdings under Item 5(a)

Ownership percentage 86.89% of Depositary Units Percent of class represented by 581,937,313 units

Units outstanding baseline 549,400,539 Depositary Units Stated outstanding as of February 25, 2026 in Form 10-K

Quarterly distribution to reporting persons 32,536,774 Depositary Units Units issued on April 15, 2026 as regular quarterly distribution

High Coast holdings 291,605,308 Depositary Units Sole voting and dispositive power reported by High Coast

CCI Onshore holdings 124,334,891 Depositary Units Sole voting and dispositive power reported by CCI Onshore

Little Meadow percentage 74.05% of class Percent of class represented by 495,933,223 units for Little Meadow

Carl C. Icahn percentage 86.89% of class Percent of class for 581,937,313 units with shared power

Key Terms

Depositary Units, beneficially own, sole dispositive power, shared voting power, +2 more

6 terms

Depositary Units financial

"Depositary Units Representing Limited Partner Interests (Title of Class of Securities)"

beneficially own financial

"The Reporting Persons may be deemed to beneficially own, in the aggregate, 581,937,313 Depositary Units"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

sole dispositive power financial

"CCI Onshore has sole voting power and sole dispositive power with respect to 124,334,891 Depositary Units"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

shared voting power financial

"Carl C. Icahn | Shared Voting Power 581,937,313.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

Rule 13d-3(a) regulatory

"Pursuant to Rule 13d-3(a) under the Exchange Act, each of High Coast, Little Meadow and Mr. Icahn"

Schedule 13D regulatory

"The filed with the U.S. Securities and Exchange Commission ("SEC") on September 24, 1990, as previously amended (the "Initial 13D")"

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 84)

Icahn Enterprises L.P.

(Name of Issuer)

Depositary Units Representing Limited Partner Interests

(Title of Class of Securities)

451100101

(CUSIP Number)

Jesse Lynn, Esq.
16690 Collins Avenue, Suite PH-1,
Sunny Isles Beach, FL, 33160
(305) 422-4100

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

04/15/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 451100101

1

Name of reporting person

CCI Onshore LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 124,334,891.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 124,334,891.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

124,334,891.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

18.56 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

CUSIP Number(s): 451100101

1

Name of reporting person

Gascon Partners

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 79,993,024.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 79,993,024.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

79,993,024.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

11.94 %

14

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13D

CUSIP Number(s): 451100101

1

Name of reporting person

High Coast Limited Partnership

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 291,605,308.00
8	Shared Voting Power 124,334,891.00
9	Sole Dispositive Power 291,605,308.00
10	Shared Dispositive Power 124,334,891.00

11

Aggregate amount beneficially owned by each reporting person

415,940,199.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

62.10 %

14

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13D

CUSIP Number(s): 451100101

1

Name of reporting person

Highcrest Investors LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 64,281,013.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 64,281,013.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

64,281,013.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

9.60 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP Number(s): 451100101

1

Name of reporting person

Thornwood Associates Limited Partnership

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 21,723,077.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 21,723,077.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

21,723,077.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

3.24 %

14

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13D

CUSIP Number(s): 451100101

1

Name of reporting person

Barberry Corp.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 21,723,077.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 21,723,077.00

11

Aggregate amount beneficially owned by each reporting person

21,723,077.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

3.24 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP Number(s): 451100101

1

Name of reporting person

Starfire Holding Corporation

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 64,281,013.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 64,281,013.00

11

Aggregate amount beneficially owned by each reporting person

64,281,013.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

9.60 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP Number(s): 451100101

1

Name of reporting person

Little Meadow Corp.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 495,933,223.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 495,933,223.00

11

Aggregate amount beneficially owned by each reporting person

495,933,223.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

74.05 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP Number(s): 451100101

1

Name of reporting person

Carl C. Icahn

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 581,937,313.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 581,937,313.00

11

Aggregate amount beneficially owned by each reporting person

581,937,313.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

86.89 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Depositary Units Representing Limited Partner Interests
(b)	Name of Issuer: Icahn Enterprises L.P.
(c)	Address of Issuer's Principal Executive Offices: 16690 COLLINS AVE,, PH-1, SUNNY ISLES BEACH, FLORIDA , 33160.
Item 1 Comment: The Schedule 13D filed with the U.S. Securities and Exchange Commission ("SEC") on September 24, 1990, as previously amended (the "Initial 13D"), is hereby further amended to furnish the additional information set forth in this Amendment No. 84 to the Initial 13D. All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Initial 13D.
Item 5.	Interest in Securities of the Issuer
(a)	The Reporting Persons may be deemed to beneficially own, in the aggregate, 581,937,313 Depositary Units, representing approximately 86.89% of the Issuer's outstanding Depositary Units (based upon (i) the 549,400,539 Depositary Units stated to be outstanding as of February 25, 2026, by the Issuer in its Form 10-K filed with the Securities and Exchange Commission on February 26, 2026, plus (ii) the 32,536,774 Depositary Units issued to the Reporting Persons by the Issuer on April 15, 2026, in connection with a regular quarterly distribution of Depositary Units by the Issuer).
(b)	CCI Onshore has sole voting power and sole dispositive power with respect to 124,334,891 Depositary Units. Pursuant to Rule 13d-3(a) under the Exchange Act, each of High Coast, Little Meadow and Mr. Icahn (by virtue of their relationships to CCI Onshore) may be deemed to indirectly beneficially own the Depositary Units which CCI Onshore owns. Each of High Coast, Little Meadow and Mr. Icahn disclaims beneficial ownership of the Depositary Units for all other purposes. Gascon has sole voting power and sole dispositive power with respect to 79,993,024 Depositary Units. Pursuant to Rule 13d-3(a) under the Exchange Act, each of Little Meadow and Mr. Icahn (by virtue of their relationships to Gascon) may be deemed to indirectly beneficially own the Depositary Units which Gascon owns. Each of Little Meadow and Mr. Icahn disclaims beneficial ownership of the Depositary Units for all other purposes. High Coast has sole voting power and sole dispositive power with respect to 291,605,308 Depositary Units. Pursuant to Rule 13d-3(a) under the Exchange Act, each of Little Meadow and Mr. Icahn (by virtue of their relationships to High Coast) may be deemed to indirectly beneficially own the Depositary Units which High Coast owns. Each of Little Meadow and Mr. Icahn disclaims beneficial ownership of the Depositary Units for all other purposes. Highcrest has sole voting power and sole dispositive power with respect to 64,281,013 Depositary Units. Pursuant to Rule 13d-3(a) under the Exchange Act, each of Starfire and Mr. Icahn (by virtue of their relationships to Highcrest) may be deemed to indirectly beneficially own the Depositary Units which Highcrest owns. Each of Starfire and Mr. Icahn disclaims beneficial ownership of the Depositary Units for all other purposes. Thornwood has sole voting power and sole dispositive power with respect to 21,723,077 Depositary Units. Pursuant to Rule 13d-3(a) under the Exchange Act, each of Barberry and Mr. Icahn (by virtue of their relationships to Thornwood) may be deemed to indirectly beneficially own the Depositary Units which Thornwood owns. Each of Barberry and Mr. Icahn disclaims beneficial ownership of the Depositary Units for all other purposes.
(c)	Except for the acquisition of Depositary Units from the Issuer in connection with a quarterly dividend, none of the Reporting Persons effected any transactions in the Issuer's securities during the past sixty (60) days. On April 15, 2026, in connection with the quarterly dividend, CCI Onshore received 6,951,704 Depositary Units, Gascon received 4,472,501 Depositary Units, High Coast received 16,303,985 Depositary Units, Highcrest received 3,594,022 Depositary Units, and Thornwood received 1,214,562 Depositary Units.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

CCI Onshore LLC

Signature:	/s/ Rowella Asuncion-Gumabong
Name/Title:	Rowella Asuncion-Gumabong / Vice President
Date:	04/17/2026

Gascon Partners

Signature:	/s/ Rowella Asuncion-Gumabong
Name/Title:	Rowella Asuncion-Gumabong / Vice President
Date:	04/17/2026

High Coast Limited Partnership

Signature:	/s/ Rowella Asuncion-Gumabong
Name/Title:	Rowella Asuncion-Gumabong / Vice President
Date:	04/17/2026

Highcrest Investors LLC

Signature:	/s/ Rowella Asuncion-Gumabong
Name/Title:	Rowella Asuncion-Gumabong / Vice President
Date:	04/17/2026

Thornwood Associates Limited Partnership

Signature:	/s/ Rowella Asuncion-Gumabong
Name/Title:	Rowella Asuncion-Gumabong / Vice President
Date:	04/17/2026

Barberry Corp.

Signature:	/s/ Rowella Asuncion-Gumabong
Name/Title:	Rowella Asuncion-Gumabong / Vice President
Date:	04/17/2026

Starfire Holding Corporation

Signature:	/s/ Rowella Asuncion-Gumabong
Name/Title:	Rowella Asuncion-Gumabong / Vice President
Date:	04/17/2026

Little Meadow Corp.

Signature:	/s/ Rowella Asuncion-Gumabong
Name/Title:	Rowella Asuncion-Gumabong / Vice President
Date:	04/17/2026

Carl C. Icahn

Signature:	/s/ Carl C. Icahn
Name/Title:	CARL C. ICAHN
Date:	04/17/2026

FAQ

How much of Icahn Enterprises (IEP) do the reporting persons now beneficially own?

The reporting persons may be deemed to beneficially own 581,937,313 Depositary Units, representing approximately 86.89% of Icahn Enterprises’ outstanding Depositary Units. This figure reflects both previously outstanding units and additional units issued in a recent quarterly distribution.

What changed to trigger this Icahn Enterprises (IEP) Schedule 13D/A amendment?

The amendment reflects additional Depositary Units issued in a regular quarterly distribution on April 15, 2026. In that transaction, the issuer granted 32,536,774 Depositary Units to the reporting persons, increasing their aggregate beneficial holdings and updating their ownership percentages.

How many Icahn Enterprises (IEP) units were outstanding when ownership was calculated?

Ownership percentages are based on 549,400,539 Depositary Units stated as outstanding as of February 25, 2026, in Icahn Enterprises’ Form 10-K, plus 32,536,774 Depositary Units issued to the reporting persons on April 15, 2026 in a quarterly distribution.

What is Carl C. Icahn’s reported beneficial stake in Icahn Enterprises (IEP)?

Carl C. Icahn reports shared voting and shared dispositive power over 581,937,313 Depositary Units, representing approximately 86.89% of the class. His interest is held indirectly through entities such as Little Meadow Corp., High Coast, Highcrest, Thornwood, CCI Onshore, Gascon and related companies.

Which Icahn-related entities hold the largest blocks of Icahn Enterprises (IEP) units?

High Coast Limited Partnership reports 291,605,308 Depositary Units with sole voting and dispositive power. CCI Onshore LLC reports 124,334,891 units, Gascon Partners 79,993,024 units, Highcrest Investors LLC 64,281,013 units, and Thornwood Associates Limited Partnership 21,723,077 units.

How were the new Icahn Enterprises (IEP) units from the quarterly dividend allocated?

On April 15, 2026, CCI Onshore received 6,951,704 Depositary Units, Gascon received 4,472,501, High Coast received 16,303,985, Highcrest received 3,594,022, and Thornwood received 1,214,562 Depositary Units, all in connection with the issuer’s regular quarterly dividend.