diff --git a/CHANGELOG.md b/CHANGELOG.md
index 17fcc26..2725bb5 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -11,7 +11,13 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased][]
 
-[Unreleased]: https://github.com/trussed-dev/trussed-staging/compare/v0.4.0...HEAD
+[Unreleased]: https://github.com/trussed-dev/trussed-staging/compare/staging-v0.5.0-rc.1...HEAD
+
+-
+
+## [0.5.0-rc.1][] - 2026-06-09
+
+[0.5.0-rc.1]: https://github.com/trussed-dev/trussed-staging/compare/v0.4.0...staging-v0.5.0-rc.1
 
 - Update to `trussed` v0.2.0-rc.1
 
diff --git a/Cargo.toml b/Cargo.toml
index dc25ffe..2d41dab 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -25,7 +25,7 @@ trussed-core = { version = "0.2", features = ["serde-extensions"] }
 
 [package]
 name = "trussed-staging"
-version = "0.4.0"
+version = "0.5.0-rc.1"
 description = "Work in progress trussed features"
 authors.workspace = true
 edition.workspace = true