Billingsley Chester 4
4 · Mentor Capital, Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Mentor Capital (MNTR) CEO Billingsley Chester Buys 5,300 Shares
What Happened Billingsley Chester, CEO of Mentor Capital, reported three purchases of the company’s common stock on a Form 4. The transactions were: 2,900 shares on 2026-02-25 at $0.08 (reported $245), 1,000 shares on 2026-02-26 at $0.08 (reported $84), and 1,400 shares on 2026-02-27 at $0.08 (reported $117). Aggregate reported purchases total 5,300 shares for $446. These were purchases (transaction code P), which are purchases of stock rather than sales.
Key Details
- Transaction dates and prices: 2026-02-25 (2,900 @ $0.08), 2026-02-26 (1,000 @ $0.08), 2026-02-27 (1,400 @ $0.08). Reported aggregate = $446.
- Filing date: Form 4 filed 2026-02-27 (appears timely based on the reported transaction dates).
- Shares owned after transaction: Not disclosed in the data provided.
- Transaction type: P = Purchase (open market or private purchase as reported).
- Notable footnotes from the filing:
- F1: Series Q Preferred Stock held by the filer (or referenced) is convertible into Common Stock at the holder’s option into a number of shares determined by the Series Q Conversion Value / Conversion Price; conversion at no additional cost and no expiration date.
- F2: The Series Q per‑share conversion value is calculated quarterly; the Conversion Price is 105% of a published closing price. As of 2025-12-31, 11 Series Q convertible preferred shares were eligible to convert into 2,592,159 common shares (per the Certificate of Designation).
Context
- The dollar amount is small (reported aggregate $446), so the trades are modest in scale and unlikely to move the market or indicate a large personal investment stake. Purchases by executives are often watched by investors as a sign of confidence, but the filing alone does not reveal motive.
- The filing includes details about convertible Series Q preferred shares that can dilute common shares if converted; this is a separate convertible security mechanism disclosed in the Form 4 footnotes, not a direct part of the small open‑market purchases above.
Insider Transaction Report
Form 4
Billingsley Chester
DirectorChief Executive Officer10% Owner
Transactions
- Purchase
Common Stock
2026-02-25$0.08/sh+2,900$245→ 3,182,296 total - Purchase
Common Stock
2026-02-26$0.08/sh+1,000$84→ 3,183,296 total - Purchase
Common Stock
2026-02-27$0.08/sh+1,400$117→ 3,184,696 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|2026-02-27