Billingsley Chester 4
4 · Mentor Capital, Inc. · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Mentor Capital (MNTR) CEO Billingsley Chester Buys 1,998 Shares
What Happened
- Mentor Capital CEO Billingsley Chester reported two open-market purchases (transaction code P) totaling 1,998 shares: 800 shares at $0.09 on Feb 6, 2026 ($73) and 1,198 shares at $0.09 on Feb 9, 2026 ($107). Combined outlay reported in the filing is about $180. Purchases are small in dollar terms and represent insider buying activity (generally seen as more informative than routine sales).
Key Details
- Transaction dates and prices: Feb 6, 2026 — 800 shares @ $0.09 ($73); Feb 9, 2026 — 1,198 shares @ $0.09 ($107).
- Total acquired: 1,998 shares for ~$180.
- Shares owned after transaction: Not stated in the provided filing excerpt.
- Footnotes of note:
- F1/F2 describe Series Q convertible preferred stock that can be converted into common shares at no additional cost; conversion mechanics are based on a per-share conversion value and a conversion price formula.
- As of Dec 31, 2025, 11 Series Q preferred shares were eligible to convert into 2,592,159 common shares (potential dilution).
- Filing timeliness: Form 4 was filed on Feb 10, 2026 and appears timely (within the two-business-day reporting window for the Feb 6 and Feb 9 transactions).
Context
- These were open-market purchases (code P). The dollar amounts are small, so while insider buying can be a positive signal, the economic exposure here is minimal. The filing’s footnotes highlight outstanding convertible preferred shares that, if converted, could materially increase the company’s common share count — an important consideration for shareholders when assessing insider transactions.
Insider Transaction Report
Form 4
Billingsley Chester
DirectorChief Executive Officer10% Owner
Transactions
- Purchase
Common Stock
2026-02-06$0.09/sh+800$73→ 3,173,098 total - Purchase
Common Stock
2026-02-09$0.09/sh+1,198$107→ 3,174,296 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|2026-02-10