Billingsley Chester 4
4 · Mentor Capital, Inc. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Mentor Capital (MNTR) CEO Billingsley Buys Stock
What Happened
Billingsley Chester, CEO of Mentor Capital, reported two small open-market purchases of the company's stock. On March 19, 2026 he acquired 1,300 shares at $0.08 per share (reported value $101). On March 20, 2026 he acquired 1,000 shares at $0.08 per share (reported value $80). Total reported outlay for the two transactions was $181. These are purchases (buying shares), which some investors view as a modest positive signal, though the dollar amount is small.
Key Details
- Transaction dates and prices: 3/19/2026 — 1,300 shares @ $0.08 (reported $101); 3/20/2026 — 1,000 shares @ $0.08 (reported $80).
- Total shares purchased: 2,300; total reported cost: $181.
- Shares owned after transaction: not disclosed in the information provided on the Form 4.
- Filing: Form 4 was filed on 2026-03-23. That filing date is within the standard two-business-day reporting window for these transactions.
- Notable footnotes: the filing includes disclosure about Series Q Convertible Preferred Stock (see below).
Context
- The purchases are small in dollar terms and represent insider buying, but do not by themselves indicate a material change in insider conviction.
- Footnote summary (from the filing): Series Q Preferred Stock is convertible into common shares at the holder’s option at no additional cost (conversion mechanics are set out in the Certificate of Designation). The per-share Series Q Conversion Value is calculated quarterly; the Conversion Price is 105% of a designated closing price. As of 12/31/2025, 11 Series Q preferred shares were eligible to convert into 2,592,159 common shares — a fact investors should note for potential dilution.
Insider Transaction Report
Form 4
Billingsley Chester
DirectorChief Executive Officer10% Owner
Transactions
- Purchase
Common Stock
2026-03-19$0.08/sh+1,300$101→ 3,195,296 total - Purchase
Common Stock
2026-03-20$0.08/sh+1,000$80→ 3,196,296 total
Holdings
- 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.
Signature
/s/ Chester Billingsley|2026-03-23