Mentor Capital CEO buys small stake in open market
Mentor Capital, Inc. director and Chief Executive Officer Chester Billingsley reported a small open-market purchase of 3 shares of common stock at $0.065 per share.
Rhea-AI Filing Summary
Mentor Capital, Inc. director and Chief Executive Officer Chester Billingsley reported a small open-market purchase of 3 shares of common stock at $0.065 per share. After this trade, he directly holds 3,200,399 common shares.
He also holds Series D Warrants exercisable at $0.0200 per share for 47,274 underlying common shares until May 11, 2038, and Series Q Preferred Shares that are convertible into common stock at no additional cost. On March 31, 2026, 11 Series Q Convertible Preferred Shares were eligible to be converted into 3,607,722 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3 shares
Net Buy
3 txns
Insider
Billingsley Chester
Role
Chief Executive Officer
Bought
3 shs ($0.20)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3 | $0.065 | $0.20 |
| holding | Series D Warrants | -- | -- | -- |
| holding | Series Q Preferred Shares | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,200,399 shares (Direct);
Series D Warrants — 47,274 contracts (Direct);
Series Q Preferred Shares — 3,607,722 contracts (Direct)
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.
Key Figures
Open-market purchase: 3 shares at $0.065
Common shares held: 3,200,399 shares
Series D Warrants exercise price: $0.0200 per share
+3 more
6 metrics
Open-market purchase
3 shares at $0.065
Common Stock transaction on April 1, 2026
Common shares held
3,200,399 shares
Direct ownership after April 1, 2026 transaction
Series D Warrants exercise price
$0.0200 per share
Warrants on Common Stock expiring May 11, 2038
Series D underlying shares
47,274 shares
Common stock underlying Series D Warrants
Series Q underlying shares eligible
3,607,722 shares
From 11 Series Q Preferred Shares as of March 31, 2026
Series Q exercise price
$0.0000
No additional cost to convert Series Q into common
Key Terms
Series D Warrants, Series Q Preferred Stock, Series Q Conversion Value, Conversion Price, +1 more
5 terms
Series D Warrants financial
"The Form 4 shows Billingsley holding Series D Warrants with an exercise price"
Series D warrants are tradable rights issued with a company's Series D financing round that allow the holder to buy a set number of shares at a fixed price for a limited period. They matter to investors because they create potential extra upside if the company’s value rises, but can also dilute existing shareholders when converted—think of them as coupons you can redeem for stock if the price becomes favorable, affecting ownership and future per-share value.
Series Q Preferred Stock financial
"Series Q Preferred Stock is convertible into Common Stock, at the option of the holder"
Series Q Conversion Value financial
"The per share Series Q Conversion Value, as defined in the Certificate of Designation"
Conversion Price financial
"The Conversion Price of the Series Q Preferred Stock shall be at the product of one hundred and five percent"
The conversion price is the fixed price at which a convertible security, like a bond or preferred stock, can be exchanged for shares of common stock. It acts like a set rate that determines how many shares an investor can receive if they choose to convert their investment. This helps investors understand the value and potential benefits of converting their securities into company shares.
Core Q Holdings Asset Value financial
"The per share Series Q Conversion Value shall be equal to the quotient of the Core Q Holdings Asset Value"
AI-generated analysis. How Rhea-AI works. Not financial advice.
