Billingsley Chester 4

4 · Mentor Capital, Inc. · Filed Apr 3, 2026

AI-generated summary of this filing

Updated Apr 4, 2026

Mentor Capital (MNTR) CEO Billingsley Chester Buys 3 Shares

What Happened

Billingsley Chester, CEO of Mentor Capital, Inc. (MNTR), reported a purchase of 3 shares on 2026-04-01. The reported per-share price was $0.07. The Form 4 lists the reported total value as $0 (the filing shows 3 shares @ $0.07 but indicates $0 total).

Key Details

Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (filed within the typical 2-business-day window).
Transaction type: P = Purchase (open market or private purchase).
Price reported: $0.07 per share; quantity: 3 shares; Form 4 reports total value as $0.
Shares owned after transaction: not disclosed in the provided filing.
Notable footnotes:
- F1: Series Q Preferred Stock issued by the company is convertible into common stock at the holder’s option, at no additional cost, and has no expiration.
- F2: Series Q conversion mechanics: the per-share conversion value is calculated quarterly and conversion price is tied to 105% of the common stock closing price on a designated date. As of 2026-03-31, 11 Series Q preferred shares were eligible to convert into 3,607,722 common shares.
Filing timeliness: No late filing flag indicated.

Context

This is a very small insider purchase (3 shares). Purchases can be interpreted as a modest insider buy signal, but the dollar amount here is negligible and not likely material. The footnotes indicate outstanding convertible preferred shares that could materially increase common share count if converted; that is a separate capital-structure consideration for investors.

Form 4

Period: 2026-04-01

DirectorChief Executive Officer10% Owner

Transactions

Holdings

Series D Warrants
Exercise: $0.02From: 2000-04-11Exp: 2038-05-11→ Common Stock (47,274 underlying)
47,274
Series Q Preferred Shares
[F1][F2]
→ Common Stock (3,607,722 underlying)
11

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 to Series Q Preferred Stock holders. On March 31, 2026, 11 Series Q Convertible Preferred Shares were eligible to be converted into 3,607,722 shares of the Company's Common Stock.

Signature

/s/ Chester Billingsley|2026-04-03

1 file