Billingsley Chester 4
4 · Mentor Capital, Inc. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Mentor Capital (MNTR) CEO Chester Billingsley Buys 3,550 Shares
What Happened
CEO Chester Billingsley reported three purchases of Mentor Capital (MNTR) stock (transaction code P — purchase). He bought 2,450 shares on 2026-03-11, 1,000 shares on 2026-03-12, and 100 shares on 2026-03-13, each at $0.08 per share. The filing shows reported totals of $205, $83, and $8 respectively, for a combined reported cost of $296. These were purchases (buying stock), which some investors view as a more informative signal than routine insider sales.
Key Details
- Transaction dates and prices: 2026-03-11 — 2,450 shares @ $0.08 ($205 reported); 2026-03-12 — 1,000 shares @ $0.08 ($83 reported); 2026-03-13 — 100 shares @ $0.08 ($8 reported).
- Total acquired: 3,550 shares; total reported amount: $296.
- Transaction code: P = Purchase (open market or private purchase as reported).
- Shares owned after transaction: Not specified in the provided Form 4 information.
- Footnotes: F1–F2 describe Series Q Convertible Preferred stock conversion mechanics (convertible into common at holder’s option, conversion-price formula tied to a 105% multiplier of a designated closing price, quarterly valuation of conversion value). As of 12/31/2025, 11 Series Q shares were eligible to convert into 2,592,159 common shares. These footnotes relate to convertible preferred terms, not the reported common-stock purchases.
- Filing: Form 4 filed 2026-03-13 for trades from 2026-03-11 to 2026-03-13 — appears to be filed within the normal Form 4 reporting window (not marked late).
Context
The total dollar amount is small (under $300 reported), so while purchases are generally more notable than sales, this is a modest insider buy and may not by itself indicate a material change in insider conviction. The Series Q preferred-share footnotes describe potential significant dilution if converted, which is relevant to shareholders but separate from these small common-stock purchases.
Insider Transaction Report
- Purchase
Common Stock
2026-03-11$0.08/sh+2,450$205→ 3,191,296 total - Purchase
Common Stock
2026-03-12$0.08/sh+1,000$83→ 3,192,296 total - Purchase
Common Stock
2026-03-13$0.08/sh+100$8→ 3,192,396 total
- 47,274
Series D Warrants
Exercise: $0.02From: 2000-04-11Exp: 2038-05-11→ Common Stock (47,274 underlying) - 11
Series Q Preferred Shares
[F1][F2]→ Common Stock (2,592,159 underlying)
Footnotes (2)
- [F1]Series Q Preferred Stock is convertible into Common Stock, at the option of the holder, at any time after the date of issuance of such share and prior to the of redemption of such share of Series Q Preferred Stock by the Company, into such number of fully paid and nonassessable shares of Common Stock as determined by dividing the Series Q Conversion Value by the Conversion Price at the time in effect for such share. The Series Q Preferred Shares can be converted into Common Stock at no additional cost. The Series Q Preferred Shares have no expiration date.
- [F2]The per share Series Q Conversion Value, as defined in the Certificate of Designation, shall be calculated by the Company at least once each calendar quarter. The per share Series Q Conversion Value shall be equal to the quotient of the Core Q Holdings Asset Value divided by the number of issued and outstanding shares of Series Q Preferred Stock. The Conversion Price of the Series Q Preferred Stock shall be at the product of one hundred and five percent and the closing price of the Common Stock of the Company on a date designated and published by the Company. On December 31, 2025, 11 Series Q Convertible Preferred Shares were eligible to be converted into 2,592,159 shares of the Company's Common Stock.