diff --git a/CHANGELOG.md b/CHANGELOG.md
index e116210..b7970db 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,14 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.1.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
+## [dev] (MM/DD/YYYY)
+
+### Added
+
+### Changed
+
+### Fixed
+
 ## [1.4.0] (04/16/2026)
 
 ### Added
diff --git a/docs/source/conf.py b/docs/source/conf.py
index f6e2918..d4e34f7 100644
--- a/docs/source/conf.py
+++ b/docs/source/conf.py
@@ -9,7 +9,7 @@
 project = "mkl_random"
 copyright = "2017-2025, Intel Corp."
 author = "Intel Corp."
-release = "1.4.0"
+release = "1.5.0dev0"
 
 # -- General configuration ---------------------------------------------------
 # https://www.sphinx-doc.org/en/master/usage/configuration.html#general-configuration
diff --git a/mkl_random/_version.py b/mkl_random/_version.py
index 3e8d9f9..b4cd95c 100644
--- a/mkl_random/_version.py
+++ b/mkl_random/_version.py
@@ -1 +1 @@
-__version__ = "1.4.0"
+__version__ = "1.5.0dev0"