CyberArk insider sales disclosed: 2,089 shares proposed to sell on NASDAQ

Rhea-AI Filing Summary

CyberArk Software Ltd. (CYBR) Form 144 shows a proposed sale of 2,089 common shares through Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $871,919.15 and an approximate sale date of 08/15/2025. The filing states those shares were acquired on 08/15/2025 as restricted (361 shares) and performance (1,728 shares) awards from the issuer. The notice also discloses multiple prior insider sales by Ehud Mokady during May–August 2025, including a large sale of 19,613 shares for $7,824,135.64 on 06/09/2025. The filer certifies no undisclosed material information and includes standard attestations regarding trading plans and legal penalties for misstatements.

Positive

• Timely disclosure of the proposed sale on a live Form 144 filed with broker details
• Acquisition source disclosed (restricted stock and performance stock awarded by the issuer), clarifying basis for the shares

Negative

• Multiple recent insider sales by the same person, including a large 19,613-share sale for $7,824,135.64, which may be viewed as a negative signal on insider ownership alignment
• Concentration of sales over a short period (May–August 2025) indicating sustained insider liquidity events

Insights

Securities Analyst

TL;DR Insider proposed sale is disclosed and follows prior sizable sales; impact appears informational rather than immediately material.

The Form 144 reports a proposed sale of 2,089 shares valued at $871,919.15 and documents acquisition of those shares as restricted and performance awards. The filing confirms execution through a broker and provides a clear historical record of recent insider dispositions, including multiple sales totaling material proceeds in June 2025. For market participants, the filing improves transparency about insider liquidity but does not itself change the companys reported operations or financials.

Corporate Governance Expert

TL;DR Repeated insider sales are governance-relevant; investors may view sustained disposals as a negative signal about insider holdings.

The notice documents recurring sales by the same insider across several dates, including a 19,613-share sale for $7.8 million. While each sale is properly reported, the pattern of frequent, substantial dispositions raises governance and alignment considerations because it reduces executive ownership. The filing itself is a routine disclosure but underscores the importance of monitoring insider ownership trends.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2089	871919.15	50407204	08/15/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/15/2025	Restricted Stock	Issuer			361	08/15/2025	Not Applicable
Common	08/15/2025	Performance Stock	Issuer			1728	08/15/2025	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
EHUD MOKADY 9 Hapsagot St. Park Ofer B, P.O. BOX 3143 Petach-Tikva L3 4951041	Common	08/04/2025	1574	645781.35
EHUD MOKADY 9 Hapsagot St. Park Ofer B, P.O. BOX 3143 Petach-Tikva L3 4951041	Common	07/21/2025	1574	609840.79
EHUD MOKADY 9 Hapsagot St. Park Ofer B, P.O. BOX 3143 Petach-Tikva L3 4951041	Common	07/07/2025	1574	632919.72
EHUD MOKADY 9 Hapsagot St. Park Ofer B, P.O. BOX 3143 Petach-Tikva L3 4951041	Common	06/23/2025	1574	617611.16
EHUD MOKADY 9 Hapsagot St. Park Ofer B, P.O. BOX 3143 Petach-Tikva L3 4951041	Common	06/16/2025	1364	537871.85
EHUD MOKADY 9 Hapsagot St. Park Ofer B, P.O. BOX 3143 Petach-Tikva L3 4951041	Common	06/10/2025	401	158599.07
EHUD MOKADY 9 Hapsagot St. Park Ofer B, P.O. BOX 3143 Petach-Tikva L3 4951041	Common	06/09/2025	19613	7824135.64
EHUD MOKADY 9 Hapsagot St. Park Ofer B, P.O. BOX 3143 Petach-Tikva L3 4951041	Common	05/19/2025	1176	411878.71

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

Who is the seller disclosed in the CYBR Form 144?

The past-sales section names Ehud Mokady as the seller for multiple transactions during May–August 2025.

How many shares does the Form 144 propose to sell for CYBR and what is the value?

The proposed sale is 2,089 common shares with an aggregate market value of $871,919.15.

When is the approximate sale date and on which exchange will CYBR shares be sold?

The filing lists an approximate sale date of 08/15/2025 and names NASDAQ as the exchange.

What type of shares were acquired that are now proposed for sale?

The filing indicates the shares were acquired as restricted stock (361 shares) and performance stock (1,728 shares) from the issuer on 08/15/2025.

Does the Form 144 indicate undisclosed material information?

The filer represents by signature that they do not know any material adverse information about the issuer that has not been publicly disclosed.