Chester Billingsley - 12 Jan 2026 Form 4 Insider Report for Mentor Capital, Inc. (MNTR)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Chester Billingsley
Issuer symbol: MNTR
Transactions as of: 12 Jan 2026
Net transactions value: +$204,594
Form type: 4
Filing time: 14 Jan 2026, 15:44:57 UTC
Previous filing: 08 Jan 2026
Next filing: 22 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Billingsley Chester	Chief Executive Officer, Director, 10%+ Owner	5964 CAMPUS COURT, PLANO	/s/ Chester Billingsley	14 Jan 2026	0001632909

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MNTR	Common Stock	Purchase	$106	+1,200	+0.04%	$0.0880	3,161,496	12 Jan 2026	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MNTR	Series Q Preferred Shares	Purchase	$204,488	+11		$18589.85	11	12 Jan 2026	Common Stock	2,592,159		Direct	F1, F2, F3
holding	MNTR	Series D Warrants						47,274	12 Jan 2026	Common Stock	47,274	$0.0200	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person acquired 11 Series Q Convertible Preferred Shares on January 12, 2026 from a third party for a total of $204,488.40 at $18,589.85 per share.
F2	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.
F3	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.