CYBR Form 144 Notice: 226 Shares Proposed Sale via Morgan Stanley
Rhea-AI Filing Summary
CyberArk Software Ltd. (CYBR) filed a Form 144 reporting a proposed sale of 226 shares of common stock to be executed through Morgan Stanley Smith Barney LLC on 08/18/2025 on the NASDAQ. The shares were acquired as restricted stock units (RSUs) on 08/15/2024 and the filer reports an aggregate market value of $95,790.10 for the proposed sale. The filing lists 49,426,711 shares outstanding for the class. The filer states there were no securities sold in the past three months and includes the standard representation that the selling person does not possess undisclosed material adverse information about the issuer.
Positive
- Transparent disclosure of acquisition method (RSUs), grant date, and planned sale through a registered broker
- No sales reported in the prior three months, simplifying aggregation under Rule 144
Negative
- None.
Insights
TL;DR: Routine insider sale disclosure; small position relative to shares outstanding, limited market impact.
The filing documents a planned sale of 226 shares obtained via RSUs shortly after grant. At an aggregate value of $95,790.10, this transaction is immaterial relative to the reported 49,426,711 shares outstanding, suggesting limited direct market impact. The use of a broker and the absence of other sales in the prior three months indicate a standard compliance disclosure rather than an accelerated disposition.
TL;DR: Disclosure follows Rule 144 formality; filing includes required attestation about material nonpublic information.
The notice provides required acquisition details (RSU grant date and payment date) and the broker facilitating the sale, which supports regulatory transparency. The filing does not show prior sales in the three-month lookback and includes the signature attestation language, consistent with normal compliance practices. No material compliance concerns are evident from the provided content.
FAQ
What did CyberArk (CYBR) disclose on Form 144?
How and when were the 226 shares acquired for the CYBR Form 144?
What is the number of shares outstanding reported in the filing?
Does the filing indicate prior sales by the seller in the past three months?
Which broker will handle the proposed sale noted in the CYBR filing?