Billingsley Chester 4
4 · Mentor Capital, Inc. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Mentor Capital (MNTR) CEO Billingsley Chester Buys Shares
What Happened
CEO Billingsley Chester made two small purchases of Mentor Capital common stock: 3,000 shares on 2026-03-25 at $0.07 ($210) and 1,100 shares on 2026-03-26 at $0.08 ($88), for a combined 4,100 shares and $298. These were coded as purchases (P), indicating open-market or private acquisitions — a purchase (bullish) signal, though the dollar amount is minimal.
Key Details
- Transaction dates and prices: 3/25/2026 — 3,000 sh @ $0.07 ($210); 3/26/2026 — 1,100 sh @ $0.08 ($88).
- Total acquired: 4,100 shares for $298.
- Filing: Form 4 filed 2026-03-27 for reporting period 2026-03-25 — appears timely (Form 4 is generally due within two business days).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnotes of note:
- Series Q Preferred Shares are convertible into common stock at the holder’s option (no additional cost) and have no expiration (F1).
- The Series Q Conversion Value is calculated at least quarterly; the Conversion Price is 105% of a designated closing common share price (F2). As of 12/31/2025, 11 Series Q preferred shares could be converted into 2,592,159 common shares, indicating potential dilution if converted.
Context
These purchases are small in dollar terms and therefore represent a modest insider buy rather than a significant personal investment. The filing also highlights convertible Series Q preferred stock terms that could materially increase outstanding common shares if converted; that structural detail is separate from the small open-market purchases reported here.
Insider Transaction Report
- Purchase
Common Stock
2026-03-25$0.07/sh+3,000$210→ 3,199,296 total - Purchase
Common Stock
2026-03-26$0.08/sh+1,100$88→ 3,200,396 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.