GIC-tied Medline Inc. (MDLN) sells 1.6M shares at $35.80 in August 2026
Rhea-AI Filing Summary
Entities associated with GIC reported sales of Medline Inc. (MDLN) stock. Hux Investment Pte. Ltd., together with GIC Special Investments Pte. Ltd. and GIC, reported open-market sales totaling 1,600,000 shares of Class A Common Stock at $35.80 per share on August 13–14, 2026. An indirect position of 91,555,447 shares is reported as held through Hux, with each reporting person and the Government of Singapore disclaiming beneficial ownership except to the extent of any pecuniary interest.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 1,600,000 shares
Net Sell
3 txns
Insider
GIC Private Ltd, GIC Special Investments Pte Ltd, Hux Investment Pte. Ltd.
Role
10% Owner | 10% Owner | 10% Owner
Sold
1,600,000 shs ($57.28M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 100,000 | $35.80 | $3.58M |
| Sale | Class A Common Stock F1 | 1,500,000 | $35.80 | $53.70M |
| holding | Class A Common Stock F1, F2 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 22,802,482 shares (Direct);
Class A Common Stock — 91,555,447 shares (Indirect, Hux Investment Pte. Ltd.)
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. 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
Shares sold on 2026-08-14: 100,000 shares
Shares sold on 2026-08-13: 1,500,000 shares
Total shares sold: 1,600,000 shares
+2 more
5 metrics
Shares sold on 2026-08-14
100,000 shares
Sale of Class A Common Stock at $35.80 per share
Shares sold on 2026-08-13
1,500,000 shares
Sale of Class A Common Stock at $35.80 per share
Total shares sold
1,600,000 shares
Aggregate of reported open-market sales on August 13–14, 2026
Sale price
$35.80 per share
Price for each reported sale of Class A Common Stock
Indirect holdings after transaction
91,555,447 shares
Class A Common Stock held indirectly through Hux Investment Pte. Ltd. as of 2026-08-13
Key Terms
beneficial ownership, pecuniary interest, indirect, ten percent owner
4 terms
beneficial ownership financial
"disclaims beneficial ownership of the securities except to the extent"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of the securities except to the extent of its pecuniary interest"
indirect financial
"An indirect position of 91,555,447 shares is reported as held through Hux"
ten percent owner financial
"each listed as a ten percent owner of Medline Inc."
FAQ
Are the Medline Inc. (MDLN) insider sales linked to a Rule 10b5-1 trading plan?
The report’s Rule 10b5-1 checkbox is not marked as affirming a trading plan. No footnote states that these Medline Inc. (MDLN) transactions were executed under a Rule 10b5-1 or other pre-arranged trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.