Mentor Capital, Inc. (OTC: MNTR) reported insider purchases by its chief executive officer, Chester Billingsley, who acquired company common stock in two separate transactions at the end of January 2026.
According to the filings, Billingsley bought 600 shares on January 26, 2026 and an additional 1,400 shares on January 27, 2026. The trades were recorded as acquisitions and executed at prices ranging from $0.0845 to $0.0849 per share. The combined cost of both transactions was $169.
Following these purchases, Billingsley directly owns 3,167,296 shares of Mentor Capital common stock. He also holds derivative and convertible instruments tied to the company: Series D Warrants exercisable into 47,274 shares of common stock and Series Q Preferred Shares convertible into 2,592,159 shares of common stock.
Mentor Capital is a micro-cap company with a market capitalization reported at $1.78 million. The stock has experienced notable moves over recent periods: it has gained 37% over the past year and, according to InvestingPro analysis cited in filings, has climbed 68% over the past six months. InvestingPro data also indicates the stock often moves counter to the broader market, citing a negative beta for MNTR.
At the time of the filings the stock was trading at $0.08, which InvestingPro characterizes as below its Fair Value estimate. The company's price-to-book ratio is reported at 0.74. InvestingPro’s data further shows Mentor Capital maintains strong liquidity on its balance sheet, with current assets significantly exceeding short-term obligations; however, the company was unprofitable over the last twelve months.
In a separate disclosure, Mentor Capital announced a change in its independent registered public accounting firm. The company engaged Cherry Bekaert LLP as its new auditor, effective January 13. This engagement follows Cherry Bekaert’s acquisition of the company’s previous auditor, Spicer Jeffries LLP. Mentor Capital’s audit committee and board of directors approved the engagement of Cherry Bekaert. The company's relationship with Spicer Jeffries concluded on January 12 as a result of that acquisition.
These developments together - modest insider buying by the CEO, the firm’s reported liquidity position and its auditor transition - were disclosed in the company’s recent filings. The filings provide a snapshot of ownership positions, convertible interests and recent corporate governance changes, while also noting the firm’s unprofitable status over the most recent twelve-month period.