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            <filer>
                <filerCredentials>
                    <cik>0002050221</cik>
                    <ccc>XXXXXXXX</ccc>
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            <liveTestFlag>LIVE</liveTestFlag>



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            <issuerCik>0001598110</issuerCik>
            <issuerName>CYBERARK SOFTWARE LTD SHS</issuerName>
            <secFileNumber>001-36625</secFileNumber>
            <issuerAddress>
                <ns2:street1>9 Hapsagot St</ns2:street1>
                <ns2:city>Petach Tikva  </ns2:city>
                <ns2:stateOrCountry>L3</ns2:stateOrCountry>
                <ns2:zipCode>4951040</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>97239180000</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>ERICA SMITH</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Officer</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>8th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>415</noOfUnitsSold>
            <aggregateMarketValue>138746.95</aggregateMarketValue>
            <noOfUnitsOutstanding>49458713</noOfUnitsOutstanding>
            <approxSaleDate>04/16/2025</approxSaleDate>
            <securitiesExchangeName>NASDAQ</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>04/15/2025</acquiredDate>
            <natureOfAcquisitionTransaction>Restricted Stock Units</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>415</amountOfSecuritiesAcquired>
            <paymentDate>04/15/2025</paymentDate>
            <natureOfPayment>N/A</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
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            <sellerDetails>
                <name>ERICA SMITH</name>
                <address>
                    <ns2:street1>9 Hapsagot St</ns2:street1>
                    <ns2:city>Petach Tikva  </ns2:city>
                    <ns2:stateOrCountry>L3</ns2:stateOrCountry>
                    <ns2:zipCode>4951040</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>04/15/2025</saleDate>
            <amountOfSecuritiesSold>410</amountOfSecuritiesSold>
            <grossProceeds>137818.75</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>10b5-1 Sales for ERICA SMITH</name>
                <address>
                    <ns2:street1>9 Hapsagot St</ns2:street1>
                    <ns2:city>Petach Tikva  </ns2:city>
                    <ns2:stateOrCountry>L3</ns2:stateOrCountry>
                    <ns2:zipCode>4951040</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>02/19/2025</saleDate>
            <amountOfSecuritiesSold>1378</amountOfSecuritiesSold>
            <grossProceeds>558360.78</grossProceeds>
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            <sellerDetails>
                <name>ERICA SMITH</name>
                <address>
                    <ns2:street1>9 Hapsagot St</ns2:street1>
                    <ns2:city>Petach Tikva  </ns2:city>
                    <ns2:stateOrCountry>L3</ns2:stateOrCountry>
                    <ns2:zipCode>4951040</ns2:zipCode>
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            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>02/18/2025</saleDate>
            <amountOfSecuritiesSold>1410</amountOfSecuritiesSold>
            <grossProceeds>580936.92</grossProceeds>
        </securitiesSoldInPast3Months>
        <noticeSignature>
            <noticeDate>04/16/2025</noticeDate>
            <planAdoptionDates>
                <planAdoptionDate>06/11/2024</planAdoptionDate>
            </planAdoptionDates>
            <signature>/s/ Erica Ellen Smith</signature>
        </noticeSignature>
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144
0002050221
XXXXXXXX
LIVE
0001598110
CYBERARK SOFTWARE LTD SHS
001-36625
9 Hapsagot St
Petach Tikva
L3
4951040
97239180000
ERICA SMITH
Officer
Common
Morgan Stanley Smith Barney LLC Executive Financial Services
1 New York Plaza
8th Floor
New York
NY
10004
415
138746.95
49458713
04/16/2025
NASDAQ
Common
04/15/2025
Restricted Stock Units
Issuer
N
415
04/15/2025
N/A
N
ERICA SMITH
9 Hapsagot St
Petach Tikva
L3
4951040
Common
04/15/2025
410
137818.75
10b5-1 Sales for ERICA SMITH
9 Hapsagot St
Petach Tikva
L3
4951040
Common
02/19/2025
1378
558360.78
ERICA SMITH
9 Hapsagot St
Petach Tikva
L3
4951040
Common
02/18/2025
1410
580936.92
04/16/2025
06/11/2024
/s/ Erica Ellen Smith