Insider Trading January 23, 2026

Mentor Capital CEO Increases Stake With Recent $335 Stock Purchase

Chester Billingsley acquires additional shares amid firm’s audit transition and stable market valuation

By Maya Rios MNTR
Mentor Capital CEO Increases Stake With Recent $335 Stock Purchase
MNTR

Mentor Capital, Inc.'s CEO Chester Billingsley has recently enhanced his holdings by purchasing 3,800 shares of the company's stock, valued at approximately $335. The acquisitions, executed between January 20 and 22, 2026, raise his direct ownership to over 3.16 million shares. The micro-cap firm, valued at $1.95 million, has experienced a notable 63.64% increase in share value over the past six months, trading near the midpoint of its annual range. Concurrently, the company has transitioned to Cherry Bekaert LLP as its independent auditor following the acquisition of its former auditor.

Key Points

  • Mentor Capital CEO Chester Billingsley acquired 3,800 shares, increasing his stake to over 3.16 million shares.
  • The company’s stock has risen 63.64% in the past six months and is trading near the midpoint of its 52-week range.
  • Mentor Capital transitioned its independent audit services to Cherry Bekaert LLP, following acquisition of its former auditor.
  • Despite CEO’s increased investment, the company reported a negative EBITDA of $0.55 million over the past year, indicating operational losses.

Chester Billingsley, Chief Executive Officer of Mentor Capital, Inc. (OTC:MNTR), has recently increased his personal investment in the company by acquiring an additional 3,800 shares of common stock. These purchases were made over several transactions occurring from January 20 to January 22, 2026, as disclosed in a Form 4 filing submitted to the Securities and Exchange Commission. The aggregate cost of these shares amounted to $335, with per-share prices ranging between $0.087 and $0.09.

This series of acquisitions elevates Billingsley’s direct shareholding to 3,165,296 common shares in Mentor Capital. The company, characterized as a micro-cap with a market capitalization of around $1.95 million, has recorded a substantial 63.64% appreciation in its stock price over the preceding six months. Presently, according to InvestingPro’s evaluation, MNTR is trading at a fair value, positioned near the center of its 52-week trading range between $0.03 and $0.14.

Beyond his common stock holdings, Billingsley also controls Series D Warrants allowing for the purchase of an additional 47,274 shares and Series Q Preferred Shares convertible into 2,592,159 common shares. Despite the CEO’s ongoing commitment to increasing ownership, the financials reveal a challenging performance, as the company reported a negative EBITDA of $0.55 million over the last twelve months. Furthermore, MNTR has exhibited an inverse market correlation, evidenced by a beta of -0.83 indicating its stock generally moves opposite to overall market trends.

In a notable corporate development, Mentor Capital formalized a change in its auditing firm, appointing Cherry Bekaert LLP as its new independent registered public accounting firm. This alteration follows the acquisition of the company’s previous auditor, Spicer Jeffries LLP, by Cherry Bekaert. The engagement of Cherry Bekaert was ratified by Mentor Capital’s audit committee and board of directors, with the new arrangement effective as of January 13. This transition marks a significant step in the company’s oversight and financial reporting framework.

Risks

  • Mentor Capital has been unprofitable with a negative EBITDA of $0.55 million, indicating ongoing financial challenges which impact investor confidence and valuation.
  • The stock displays a beta of -0.83, reflecting movements counter to the broader market, which can signal higher volatility or unpredictability for investors.
  • Transition to a new independent auditing firm, while routine, could pose short-term operational adjustment risks and affect financial reporting consistency.

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