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Billingsley Chester's Form 4 filing

Mentor Capital, Inc. (MNTR) · filed Apr 7, 2026

Accession no.
0001632909-26-000019
Filed
Apr 7, 2026, 3:14 PM ET
Trade date
Apr 3-7, 2026
Filing delay
4 days
Rule 10b5-1 plan
Not checked

This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market purchases total $56.51. It was filed 4 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Billingsley ChesterCIK 0001632909Director, Officer (Chief Executive Officer), 10% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Apr 3, 2026Common StockCConversionAcquired+5,906,107–F1–9,106,506Direct
Apr 7, 2026Common StockPPurchaseAcquired+897$0.063+$56.519,107,403Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Apr 3, 2026Common StockCConversionDisposed−5,906,107$0.0588F1,F2−$0.650Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

On January 12, 2026, the Reporting Person purchased 11 Series Q Convertible Preferred Shares of the Company from a third party for a total of $204,488 at $18,590 per share. The Series Q Preferred Shares have no expiration date and can be converted into Common Stock at no additional cost. The per share Series Q Conversion Value is defined in the Certificate of Designation. 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 holders. On April 3, 2026, 11 Series Q Convertible Preferred Shares were eligible to be converted into 5,906,107 shares of the Company's Common Stock.

Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.

F2

On April 3, 2026, 11 Series Q Convertible Preferred Shares were converted by Reporting Person into 5,906,107 shares of the Company's Common Stock at the Series Q Conversion Value of $347,279.12 for 11 Series Q Convertible Preferred Shares at a Common Stock Price of $0.0588 per Common Share.

Referenced by the price of 1 transaction in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)