Billingsley Chester 4
4 · Mentor Capital, Inc. · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Mentor Capital (MNTR) CEO Billingsley Chester Buys 2,550 Shares
What Happened Billingsley Chester, CEO of Mentor Capital, bought 2,550 shares of Mentor Capital common stock in an open-market purchase on February 19, 2026. The shares were acquired at $0.09 per share for a total cash outlay of roughly $224. This was a straightforward purchase (code P) and represents the insider adding to his holdings rather than selling.
Key Details
- Transaction date and price: 2026-02-19 at $0.09 per share.
- Shares purchased: 2,550; total value ≈ $224.
- Shares owned after transaction: not specified in the provided filing details.
- Filing timeliness/plan: no 10b5-1 plan, tax withholding, or late-filing indication shown in the supplied information.
- Footnotes of note:
- F1: Series Q Preferred Stock can be converted into common stock at the holder’s option, at no additional cost, with no expiration.
- F2: The Series Q Conversion Value and Conversion Price are calculated quarterly; as of 12/31/2025, 11 Series Q shares were convertible into 2,592,159 common shares (indicating potential dilution if converted).
Context Insider purchases are often watched by retail investors as a potential positive signal, though the purchase size here is very small (~$224) and may be routine. The filing also includes information about convertible Series Q preferred shares that can convert into common stock, which can affect the company’s share count if converted but is a separate instrument from this open-market purchase.
Insider Transaction Report
- Purchase
Common Stock
2026-02-19$0.09/sh+2,550$224→ 3,179,396 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.