Billingsley Chester 4
Accession 0001632909-26-000004
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 4:16 PM ET
Size
11.2 KB
Accession
0001632909-26-000004
Research Summary
AI-generated summary of this filing
Mentor Capital (MNTR) CEO Billingsley Chester Buys 3,800 Shares
What Happened
Billingsley Chester, CEO of Mentor Capital, acquired a total of 3,800 shares of Mentor Capital common stock in three open-market purchases. The trades were reported at $0.09 per share and the filing shows total cash outlays of $89, $90 and $157 for each trade (total reported ≈ $336). These were purchases (insider buying), which some investors view as a bullish sign, though the dollar amounts are small.
Key Details
- Transaction dates and prices:
- 2026-01-20: 1,000 shares acquired at $0.09 (reported $89)
- 2026-01-21: 1,000 shares acquired at $0.09 (reported $90)
- 2026-01-22: 1,800 shares acquired at $0.09 (reported $157)
- Total shares acquired: 3,800; total reported cash outlay: approximately $336 (per Form 4).
- Shares owned after the transaction: Not specified in the filing.
- Transaction code: P = Purchase (open market or private purchase).
- Filing timeliness: Form filed 2026-01-22 covering transactions through 2026-01-22 — appears timely (Form 4s are generally due within two business days).
- Notable footnotes: Footnotes describe Series Q Convertible Preferred Stock details — Series Q shares are convertible into common stock at no additional cost, the company calculates a per-share Series Q Conversion Value quarterly, and as of 12/31/2025, 11 Series Q preferred shares were eligible to convert into 2,592,159 common shares (potential dilution).
Context
These are small-dollar open-market purchases by the CEO rather than exercises, gifts, or large institutional moves. Small insider buys can be of interest but are limited in size here; also note the filing includes information about potentially highly dilutive Series Q preferred shares, which is relevant to outstanding share count and dilution considerations.
Insider Transaction Report
- Purchase
Common Stock
2026-01-20$0.09/sh+1,000$89→ 3,162,496 total - Purchase
Common Stock
2026-01-21$0.09/sh+1,000$90→ 3,163,496 total - Purchase
Common Stock
2026-01-22$0.09/sh+1,800$157→ 3,165,296 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.
Signature
Documents
Issuer
Mentor Capital, Inc.
CIK 0001599117
Related Parties
1- filerCIK 0001632909
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 4:16 PM ET
- Size
- 11.2 KB