Billingsley Chester 4

What Happened
Billingsley Chester, CEO of Mentor Capital, reported three purchases (code P) totaling 4,000 shares of MNTR in open-market/private transactions: 2,000 shares on 2026-04-08 at $0.06 (reported value $124), 1,050 shares on 2026-04-09 at $0.06 (reported $65), and 950 shares on 2026-04-10 at $0.06 (reported $57). The combined reported cash outlay was approximately $246. These were purchases (potentially a more informative signal than sales), not option exercises or awards.

Key Details

• Transaction dates and prices: Apr 8, 2026 — 2,000 @ $0.06; Apr 9, 2026 — 1,050 @ $0.06; Apr 10, 2026 — 950 @ $0.06.
• Total shares purchased: 4,000; total reported value: ~$246.
• Transaction code: P = Purchase (open market or private purchase as reported).
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Footnotes/plans: No 10b5‑1 trading plan, tax withholding, or other special footnotes were disclosed in the supplied information.
• Filing timeliness: Form filed 2026-04-10 (period of report 2026-04-10); filing appears timely based on the provided dates and was not indicated as late.

Context
These were straightforward purchases by the company's CEO reported on a Form 4. Purchases by executives can be viewed by investors as a sign of personal investment in the company, but filings alone do not explain motive or predict future performance.