diff --git a/CHANGELOG.md b/CHANGELOG.md
index 40624e37219..4b771a5608c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,9 @@
+7.4.5 / 2023-08-25
+==================
+ * fix(debug): avoid putting virtuals and getters in debug output #13778
+ * fix(model): make Model.bulkWrite() with empty array and ordered false not throw an error #13664
+ * fix(document): correctly handle inclusive/exclusive projections when applying subdocument defaults #13763 #13720
+
 6.12.0 / 2023-08-24
 ===================
  * feat: use mongodb driver v4.17.1
diff --git a/package.json b/package.json
index 368d7d738cf..a8559568117 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,7 @@
 {
   "name": "mongoose",
   "description": "Mongoose MongoDB ODM",
-  "version": "7.4.4",
+  "version": "7.4.5",
   "author": "Guillermo Rauch <guillermo@learnboost.com>",
   "keywords": [
     "mongodb",