Company: MNTR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001620
Chunk: 599

Company: Mentor Capital, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 4
Chunk 599
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 professional consulting fees.

Mentor
does not currently have any equity incentive plan in place for officers, directors, or employees. As an emerging growth company, we are
not required to report pay versus performance.

37

Item
12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

Beneficial
Ownership of Directors, Officers, and 5% Stockholders

Beneficial
ownership is determined in accordance with the rules of the SEC. In computing the number of shares beneficially owned by a person and
the percentage of ownership of that person, shares of Common Stock subject to options and warrants held by that person that are currently
exercisable or become exercisable within 60 days are deemed outstanding even if they have not actually been exercised. Those shares,
however, are not deemed outstanding for the purpose of computing the percentage ownership of any other person. The following table sets
forth certain information as to shares of our Common Stock owned by (i) each person known to beneficially own more than five percent
of our outstanding Common Stock or Preferred Stock, (ii) each of our directors and executive officers named in our summary compensation
table, and (iii) all of our executive officers and directors as a group.

The
percent ownership information presented in the table below is based on the total number of shares of Mentor’s Common Stock outstanding
as of March 28, 2025, which was 21,686,105.

    Title of Security 
    Name and Address of Beneficial Owner 
    Amount and Nature of Beneficial Ownership  
    Percentage of Class 
  
    Common Stock 
    Chet Billingsley  5964 Campus Court  Plano, TX 75093 
     2,126,296(1) 
     8.38%(4)
  
    Common Stock 
    Marcia Meyer  21141 Canada Road, #7E  Lake Forest, CA 92677 
     864,871(2) 
     5.03%(4)

    Common Stock 
    Lori Stansfield  903 N Towner Street  Santa Ana, CA 92703 
     87,418(3) 
     1.07%(4)
  
    Common Stock 
    Directors and Officers as a group 
     3,078,548  
     14.78%(5)

(1)
In addition to 2,126,296 shares of Common Stock, Mr. Billingsley also holds