Medline owner Hux sells 7.82M Class A shares
GIC Private Ltd and GIC Special Investments Pte Ltd shared voting and disposition power over shares directly owned by Hux Investment Pte. Ltd.
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Rhea-AI Filing Summary
Medline Inc. (MDLN) reported that Hux Investment Pte. Ltd., a ten percent owner, sold 7,816,987 Class A common shares on October 8, 2026, at $35.15 per share. The reported post-transaction position was 69,408,506 shares held indirectly through Hux. GIC Private Ltd and GIC Special Investments Pte Ltd, also identified as ten percent owners, shared voting and disposition power with Hux; the sale was not reported as made under a Rule 10b5-1 plan. A separate direct holding entry lists 16,453,806 shares.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 7,816,987 | $35.15 | $274.77M |
| holding | Class A Common Stock F1 | -- | -- | -- |
Footnotes (2)
- F1. Each Reporting Person disclaims beneficial ownership of the securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- F2. These securities are owned directly by Hux Investment Pte. Ltd. ("Hux"). Hux shares the power to vote and the power to dispose of these securities with GIC Special Investments Pte. Ltd. ("GIC SI") and GIC (with Hux and GIC SI, each a "Reporting Person"), both of which are private limited companies incorporated in Singapore. GIC SI is wholly owned by GIC and is the private equity investment arm of GIC. GIC is wholly owned by the Government of Singapore and was set up with the sole purpose of managing Singapore's foreign reserves. The Government of Singapore disclaims beneficial ownership of these securities.
Key Figures
Key Terms
beneficial ownership regulatory
pecuniary interest regulatory
power to dispose regulatory
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