Billingsley Chester 4

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.