Medline (MDLN) COO Miller reports RSU tax withholding, retains 23,899 shares

Rhea-AI Filing Summary

Medline Inc.'s Chief Operating Officer Stephen L. Miller reported a routine tax-related share disposition. On the vesting of restricted stock units, 1,889 shares of Class A Common Stock were withheld at $36.61 per share to cover his tax liability. This was not an open-market sale. Following the withholding, Miller directly holds 23,899 shares, so he retains the vast majority of his equity position.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Miller Stephen L

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	1,889	$36.61	$69K

Holdings After Transaction: Class A Common Stock — 23,899 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares withheld for taxes: 1,889 shares Withholding price: $36.61 per share Shares held after transaction: 23,899 shares

3 metrics

Shares withheld for taxes 1,889 shares Withheld to satisfy tax liability on RSU vesting

Withholding price $36.61 per share Value used for tax-withholding shares

Shares held after transaction 23,899 shares Direct holdings following tax-withholding disposition

Key Terms

restricted stock units, tax liability, tax-withholding disposition, Class A Common Stock

4 terms

restricted stock units financial

"in connection with the vesting of restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax liability financial

"shares withheld to satisfy the Reporting Person's tax liability"

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Class A Common Stock financial

"security_title: "Class A Common Stock""

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Miller Stephen L

(Last) (First) (Middle)

C/O MEDLINE INC.

3 LAKES DRIVE

(Street)

NORTHFIELD ILLINOIS 60093

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Medline Inc. [ MDLN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/15/2026		F(1)		1,889	D	$36.61	23,899	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects shares withheld to satisfy the Reporting Person's tax liability in connection with the vesting of restricted stock units.

	/s/ Nicole Fritz, Attorney-in-Fact	06/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Medline (MDLN) report for Stephen L. Miller?

Medline reported that COO Stephen L. Miller had 1,889 Class A shares withheld to cover taxes on vested restricted stock units. This is a routine tax-withholding event rather than an open-market purchase or sale of shares.

Was the Medline (MDLN) insider transaction an open-market sale of stock?

No, the transaction was not an open-market sale. Shares were withheld by the company at $36.61 per share solely to satisfy Stephen L. Miller’s tax liability arising from the vesting of restricted stock units.

How many Medline (MDLN) shares were withheld for Stephen L. Miller’s taxes?

A total of 1,889 shares of Medline Class A Common Stock were withheld. The filing states this withholding satisfied the reporting person’s tax liability tied to restricted stock unit vesting, rather than reflecting discretionary selling activity.

What is Stephen L. Miller’s Medline (MDLN) shareholding after the transaction?

After the tax-withholding transaction, Stephen L. Miller directly holds 23,899 shares of Medline Class A Common Stock. This indicates he retains a substantial equity stake even after shares were withheld to meet his tax obligations.

What price was used for the Medline (MDLN) tax-withholding shares?

The withheld shares were valued at $36.61 per share. This price is used in the filing to calculate the value of the 1,889 shares applied to cover Stephen L. Miller’s tax liability from restricted stock unit vesting.

What does transaction code F mean in the Medline (MDLN) Form 4?

Transaction code F indicates a tax-withholding disposition, where shares are delivered to cover an exercise price or tax liability. In this case, it reflects shares withheld for Stephen L. Miller’s tax obligations on restricted stock unit vesting.