diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0ea1af4ee..d52796ce8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,21 @@
 
 <!-- insert new changelog below this comment -->
 
+## [0.12.6] - 2026-07-07
+
+### Changed
+
+- fix(bundler): validate catalog URLs in `catalog add` (HTTPS-only, require host) (#3367)
+- Update Ralph Loop extension to v1.2.1 (#3365)
+- fix extension-local script path rewriting (#3364)
+- Add Charter extension to community catalog (#3363)
+- feat(scripts): add Python check-prerequisites PoC (#3302)
+- test: reduce registry manifest test repetition (#3146)
+- fix(integrations): hermes honors SPECKIT_INTEGRATION_HERMES_EXTRA_ARGS (#3346)
+- fix(extensions): coerce non-mapping YAML config roots to {} in ConfigManager (#3345)
+- fix(yaml): pin goose recipe prompt block-scalar indentation (#3343)
+- chore: release 0.12.5, begin 0.12.6.dev0 development (#3381)
+
 ## [0.12.5] - 2026-07-06
 
 ### Changed
diff --git a/pyproject.toml b/pyproject.toml
index 59713806a..011c59328 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "specify-cli"
-version = "0.12.6.dev0"
+version = "0.12.7.dev0"
 description = "Specify CLI, part of GitHub Spec Kit. A tool to bootstrap your projects for Spec-Driven Development (SDD)."
 readme = "README.md"
 requires-python = ">=3.11"