Billingsley Chester 4
4 · Mentor Capital, Inc. · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
Mentor Capital (MNTR) CEO Chester Buys 2,000 Shares
What Happened
Mentor Capital CEO Chester purchased a total of 2,000 shares of MNTR common stock in two open-market/private purchases: 900 shares on 2026-01-29 at $0.09 each ($81) and 1,100 shares on 2026-02-02 at $0.09 each ($97), for a combined outlay of $178. These were purchases (insider buys), which investors often view as a bullish signal, though no motive is stated.
Key Details
- Transaction dates and prices: 2026-01-29 — 900 shares @ $0.09 ($81); 2026-02-02 — 1,100 shares @ $0.09 ($97).
- Total shares bought: 2,000; total value: $178.
- Form 4 filing date: 2026-02-02 (filed within the usual 2 business-day window, not late).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Notable footnotes in the filing:
- F1/F2 describe Series Q Convertible Preferred Stock: Series Q shares are convertible into common stock at the holder’s option at no additional cost, with conversion value and conversion price calculated per the Certificate of Designation. The conversion price is tied to 105% of a published closing price; the per-share conversion value is calculated quarterly. As of 12/31/2025, 11 Series Q preferred shares were eligible to convert into 2,592,159 common shares. This is a structural detail about potential dilution, not a transaction by the CEO.
Context
- These were straight purchases (transaction code P). No options were exercised and no shares were sold.
- Purchases by executives are often watched by retail investors as a sign of insider confidence, but filings do not state the insider’s reasons.
Insider Transaction Report
Form 4
Billingsley Chester
DirectorChief Executive Officer10% Owner
Transactions
- Purchase
Common Stock
2026-01-29$0.09/sh+900$81→ 3,168,196 total - Purchase
Common Stock
2026-02-02$0.09/sh+1,100$97→ 3,169,296 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|2026-02-02