SEC Form 4 · accession 0001539497-26-002606
ICAHN ENTERPRISES L.P. · IEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl C Icahn
Director · 10% Owner · Other
Period of report
Sep 23, 2026
Accepted (ET)
Sep 25, 2026 · 4:45 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000813762
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Depositary UnitsF1,F2,F3,F4,F6,F7,F8,F9,F10,F11 | Sep 23, 2026 | J | 40,531,194 | $7.0118 | A | 658,924,537 | I | Please see footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Depository Units representing limited partner interests in Icahn Enterprises L.P. (the "Issuer").
- F10Thornwood beneficially owns 24,596,924 Depository Units. Barberry Corp. ("Barberry") is the general partner of Thornwood. Carl C. Icahn beneficially owns 100% of Barberry. Pursuant to Rule 16a-1(a)(2) under the Exchange Act, each of Mr. Icahn and Barberry (by virtue of their relationships to Thornwood) may be deemed to indirectly beneficially own the Depository Units which Thornwood owns. Each of Mr. Icahn and Barberry disclaims beneficial ownership of such Depository Units except to the extent of their pecuniary interest therein.
- F11Mr. Icahn may be deemed to indirectly beneficially own the 17,704 Depository Units owned by Gail Golden, his wife, which are not included in the total reported in column 5. Mr. Icahn disclaims beneficial ownership of such Depositary Units for all purposes.
- F2Comprised of Depositary Units held indirectly through CCI Onshore LLC ("CCI Onshore"), Gascon Partners ("Gascon"), High Coast Limited Partnership ("High Coast"), Highcrest Investors LLC ("Highcrest") and Thornwood Associates Limited Partnership ("Thornwood").
- F3Represents the date on which dividend amounts are determined based on the election of each holder and the volume weighted average trading price of units on NASDAQ during five consecutive trading days following the election date.
- F4Represents the amount foregone in exchange for each Depository Unit received as a dividend.
- F5Mr. Icahn received 40,531,194 Depositary Units as a payment-in-kind dividend on 618,393,343 Depositary Units owned on the dividend record date in a transaction exempt from Section 16(b) liability pursuant to Rule 16(b)-3(d) promulgated under the Securities Exchange Act of 1934, as amended.
- F6CCI Onshore beneficially owns 140,783,739 Depository Units. High Coast is the sole member of CCI Onshore. Little Meadow Corp. ("Little Meadow") is the general partner of High Coast. Carl C. Icahn beneficially owns 100% of Little Meadow. Pursuant to Rule 16a-1(a)(2) under the Exchange Act, each of Mr. Icahn, Little Meadow and High Coast (by virtue of their relationships to CCI Onshore) may be deemed to indirectly beneficially own the Depository Units which CCI Onshore owns. Each of Mr. Icahn, Little Meadow and High Coast disclaims beneficial ownership of such Depository Units except to the extent of their pecuniary interest therein.
- F7Gascon beneficially owns 90,575,678 Depository Units. Little Meadow is the managing general partner of Gascon. Carl C. Icahn beneficially owns 100% of Little Meadow. Pursuant to Rule 16a-1(a)(2) under the Exchange Act, each of Mr. Icahn and Little Meadow (by virtue of their relationships to Gascon) may be deemed to indirectly beneficially own the Depository Units which Gascon owns. Each of Mr. Icahn and Little Meadow disclaims beneficial ownership of such Depository Units except to the extent of their pecuniary interest therein.
- F8High Coast beneficially owns 330,183,150 Depository Units. Little Meadow is the general partner of High Coast. Carl C. Icahn beneficially owns 100% of Little Meadow. Pursuant to Rule 16a-1(a)(2) under the Exchange Act, each of Mr. Icahn and Little Meadow (by virtue of their relationships to High Coast) may be deemed to indirectly beneficially own the Depository Units which High Coast owns. Each of Mr. Icahn and Little Meadow disclaims beneficial ownership of such Depository Units except to the extent of their pecuniary interest therein.
- F9Highcrest beneficially owns 72,785,046 Depository Units. Starfire Holding Corporation ("Starfire") beneficially owns 100% of Highcrest. Modal LLC ("Modal") owns approximately 99.6% of Starfire. Carl C. Icahn is the sole member of Modal. Pursuant to Rule 16a-1(a)(2) under the Exchange Act, each of Mr. Icahn, Modal and Starfire (by virtue of their relationships to Highcrest) may be deemed to indirectly beneficially own the Depository Units which Highcrest owns. Each of Mr. Icahn, Modal and Starfire disclaims beneficial ownership of such Depository Units except to the extent of their pecuniary interest therein.